by smithfeutrill | Aug 30, 2023 | Tax
Over the past few years, tax payers have enjoyed the benefits of Low income tax offset (LITO) and Low and middle income tax offset (LMITO). However, for the year ended 30 June 2023 (last tax year), the government has removed the LMITO offset, making it no longer...
by smithfeutrill | Aug 30, 2023 | Tax
From 1 July 2022, the methods for claiming working from home expenses have changed. The 80 cents per hour COVID-19 shortcut method is not available for the 2023 financial year. The two methods available for claiming working from home expenses are: Revised Fixed Rate...
by smithfeutrill | Aug 28, 2023 | Super
When estate planning, most people focus on what will happen to their family and their assets after they pass, often neglecting to consider what would happen if they were to become ill or incapacitated. Falling ill can be a very stressful and traumatic time for you and...
by smithfeutrill | Aug 21, 2023 | Tax
At the worst time of your life, the last thing you want to think about is tax. However, when a loved one dies, their affairs must be dealt with at some stage. This includes their tax obligations. You must lodge a date of death tax return if any of the following apply...
by smithfeutrill | Aug 14, 2023 | Business
Making your business seem more significant than it actually is can go a long way in helping you secure larger clients. Appearing larger can help customers feel more secure when dealing with you and possibly give your voice or presence more authority. Exaggerating...
