Christmas Parties and Gifts December 2024

Year-end (and other) staff parties With the well-earned December/January holiday season on the way, many employers will be planning to reward staff with a celebratory party or event. However, there are important issues to consider, including the possible FBT and income tax implications of providing ‘entertainment’ (including Christmas parties) to staff and clients. FBT and […]

FBT on plug-in hybrid electric vehicles

Changes to FBT Exemptions for Plug-In Hybrid Vehicles Starting April 2025 Employers must have binding agreements in place to retain FBT exemptions for PHEVs, with new restrictions on eligibility for electric car exemptions. From 1 April 2025, a plug-in hybrid electric vehicle (‘PHEV’) will not be considered a zero or low emissions vehicle under fringe […]

Could your staff celebration attract FBT?

Consider if fringe benefits tax (FBT) may apply or you could end up with an unexpected FBT liability. With the holiday season kicking off, you may be planning a celebration with your staff. Before you hire a restaurant or book an event, make sure you work out if the benefits you provide your employees are […]

FBT time is fast approaching!

Navigating FBT Obligations: A Reminder from the ATO Stay Ahead of the Curve with Key Tasks and New Guidelines for Fringe Benefits Tax Time The ATO has advised employers that ‘FBT time’ is just around the corner, and they need to stay on top of their fringe benefits tax (FBT) obligations. Employers need to ensure […]

ATO lodgement penalty amnesty about to end

The ATO is remitting failure to lodge penalties for eligible small businesses Businesses which have not yet taken advantage of the ATO’s lodgment penalty amnesty only have until 31 December 2023 to do so Businesses must meet the following criteria in order to be eligible for the amnesty: had an annual turnover under $10 million […]

Christmas parties and gifts

Common entertainment scenarios for business How FBT applies to businesses for Christmas parties If your business holds a Christmas party: on a working day, on your business premises, and only for your current employees, you don’t pay fringe benefits tax (FBT) for the food and drink off your business premises, or the party includes associates […]

2023-24 Federal Budget Summary

Modest but meaningful A range of measures provide cost-of-living relief to individuals such as increased and expanded JobSeeker payments and better access to affordable housing. As part of the measures introduced for small business, a temporary $20,000 threshold for the small business instant asset write-off will apply for one year, following the end of the […]

Electric vehicle home charging rates: cents per km

Draft Guidelines on Calculating Electric Vehicle Charging Costs Released by ATO Recordkeeping Requirements and Application of the EV Home Charging Rate for FBT and Income Tax Purposes The ATO recently released draft guidelines setting out a methodology for calculating the cost of electricity when an electric vehicle (‘EV’) is charged at an employee’s or individual’s […]

Electric vehicle FBT exemption now law

Legislation to make certain electric vehicles exempt from FBT enacted into law Certain zero or low emissions vehicles provided as a car benefit on or after 1 July 2022, can be exempt from fringe benefits tax (FBT). For this exemption to apply various criteria need to be satisfied. The car needs to have been both […]

Improving payroll governance

Make sure you’re up to date on payroll compliance How employers can understand and meet their payroll obligations and some of the common issues seen by the ATO. How to meet your employer obligations The ATO wants to help you ensure your entity’s payroll governance measures are designed effectively and fit for purpose. This means […]

Justin Flavel

Managing Director

Justin’s experience spans across 20 years in accounting, financial analysis and general business practice.

Although born and bred on the land, Justin’s interest was more in spreadsheets, ledgers, and finance which led him to attend university. In 1992, Justin graduated with a Bachelor of Business majoring in Accounting and Finance. As well as qualifying as a CPA member and becoming a Fellow of the Taxation Institute of Australia, he began gaining practical experience in small and mid-tier accounting practices.

During the late 90s, Justin decided to expand his horizons and travel through Europe. It was during this time that he seized the opportunity to expand his knowledge on the workings of large organisations by taking on roles in multinational corporations.

Today, Justin’s passion is in facilitating businesses to grow and evolve. His focus is on acting in the role of business mentor to help clients develop the full potential of their businesses. He joins clients on their unique journey, and provides the tools and knowledge they need along the way to make the right decisions.

Justin’s aim for his clients parallels his own philosophy and personal journey—focusing on his own career growth and business success while maintaining balance in his life with his wife and three daughters.

Omnis Group Managing Director - Justin Flavel