by smithfeutrill | Jul 17, 2023 | Super
Have you ever wondered what happens to superannuation when someone claims bankruptcy? Bankruptcy is a legal process that can be commenced when you are declared unable to pay your debts. It is a process that can release you from most debts, provide relief and allow you...
by smithfeutrill | Jul 11, 2023 | Tax
Small business owners may be able to claim deductions for the costs of using their home as a principal place of business when filing their income tax returns. A home-based business is one where an area of your home is set aside and used exclusively as a place of...
by smithfeutrill | Jul 3, 2023 | Super
The superannuation gender gap has been a subject of serious concern for at least half of Australia’s population. Women are more likely to have significantly less money saved for their retirement, less assets and far less super than men, putting them in a place of...
by smithfeutrill | Jul 3, 2023 | Business
Throughout the financial year, there may be periods where your business finds itself facing a recurring problem with its cashflow. Small businesses with cash flow issues may find themselves more at risk of failing or suffering significant financial hardship – during...
by smithfeutrill | Jun 19, 2023 | Tax
As the financial year comes to a close, now is the time to visit your accountant or tax advisor to discuss tax planning for your business in 2023. At the end of every financial year, business owners should be reviewing and measuring their performance in comparison to...