CoggerGurry Attends Brentnalls Affiliation Conference in Sydney

Cogger Gurry • November 19, 2024

Recently, Directors Andrew, Stacey, Toni, and Practice Manager, Erin, represented CoggerGurry at the Brentnalls Affiliation Conference in Sydney, joining professionals from other Brentnalls-affiliated firms across Australia and New Zealand.


This conference agenda focused on critical developments in accounting, including updates on superannuation and the proposed Division 296, new career pathways introduced by CAANZ to support emerging talent in accounting, and a valuable workshop on strategy and people development and succession planning.


Networking and benchmarking were also highlighted as key benefits of conference and being part of the Brentnalls Affiliation. As part of this network of independent chartered accounting firms spanning major cities like Brisbane, Sydney, Melbourne, and Perth, CoggerGurry gains access to a broad range of knowledge, resources, and best practices that are often challenging to replicate for regional firms.


Our association with Brentnalls allows us to focus on innovation and brings additional depth to our service offerings, ultimately benefitting our clients with a unique service approach and enriched resources. We are proud to be part of an affiliation recognised consistently among the BRW Top 100 Accounting Firms, which further strengthens our commitment to delivering the highest quality of professional services to our clients.


Through these conferences, CoggerGurry stays at the forefront of industry advancements, continuously enhancing our ability to provide best practice outcomes for our clients.


For more information, call CoggerGurry on (03) 5571 0111 or email reception@coggergurry.com.au





By Cogger Gurry April 15, 2025
Our office will be closed for the Easter Holiday from Friday the 18th till Monday the 21st April, reopening on Tuesday the 22nd April 2025 Everyone here at CoggerGurry would like to wish you all a safe and happy Easter break
By Cogger Gurry April 15, 2025
Our office will be closed for the Easter Holiday from Friday the 18th till Monday the 21st April, reopening on Tuesday the 22nd April 2025 Everyone here at CoggerGurry would like to wish you all a safe and happy Easter break
By Cogger Gurry April 15, 2025
The 2025–26 Federal Budget has reinforced the Albanese Government’s commitment to tax compliance, with a major boost in funding to the ATO to strengthen enforcement—including Fringe Benefits Tax (FBT). With that extra funding comes increased ATO scrutiny on employers. If you're responsible for FBT compliance, now’s the time to get your house in order. High-Risk Areas Under the ATO Microscope : 🚗 Car Fringe Benefits Incorrect vehicle classification (especially dual cab utes and SUVs). Invalid or poor-quality logbooks. Incorrectly treating private use (e.g. home to work, errands) as business use. Misuse of the statutory formula method. 🍽️ Meals & Entertainment Misunderstanding what qualifies as deductible vs. entertainment. Inadequate documentation for functions or staff events. Incorrect application of the "otherwise deductible" rule. ⚡ Electric and Plug-in Hybrid Vehicles From 1 April 2025 , PHEVs lose their FBT exemption unless: The car was in use before 1 April 2025, and There is a binding agreement to continue use post-1 April. Many employers are still unaware of these transitional rules. 🚨 What the ATO Is Watching Nil or non-lodged returns where fringe benefits were likely provided. Incorrect treatment of employee contributions . Mismatches between FBT and income tax reporting. Penalties can be up to 75% of the shortfall , so it pays to be proactive. ✅ What You Should Do Review the benefits you've provided in the 2025 FBT year. Reassess logbooks, vehicle use, and entertainment records. Seek advice on grey areas like PHEVs or meal benefits. Lodge and pay on time. 📞 Need help reviewing your FBT exposure before the deadline? Get in touch today—we’re here to help you stay compliant and penalty-free. Read more about this on our website HERE or give us a call on 03) 5571 0111 📅 Key FBT Dates for 2025 FBT year ends : 31 March 2025 Lodgment due (paper) : 21 May 2025 Lodgment due (tax agent) : 25 June 2025 Payment due : 28 May 2025
More Posts