Smith Feutrill Insights
Financial news, expert tips, insights, and our latest updates.
Paid Parental Leave Scheme Update For Federal Budget Announcements
If you have employees who are expecting to expand on their family (whether they are adopting or looking to become pregnant), the Federal Budget 2022-23 announced a change...
Superannuation Changes To Affect Pensioners (And What You May Still Need To Take Into Account From Last Year’s Budget)
The Federal Budget was released last Tuesday, announcing key changes to taxation and business. For superannuation, the minimum pension drawdown amount was in the...
COVID Deductions Rely On Work-Related Purposes (So Here’s What You Might Be Able To Claim)
People across different industries may have different items for work that they can claim a deduction on their tax returns for, but this season may see a few common...
Passing The Business To Family? Here Are Three Things You Probably Hadn’t Considered
Succession planning for the family businesses has a number of factors that could impact the decision to pass the business onto the next generation. Namely, you’ll be...
Why Keeping Money In Your Superannuation Needs To Consider Death Benefit Taxes
Most people will want to keep as much money in their superannuation account for as long as possible. One of the primary reasons behind this is that the longer the...
Common GST Mistakes That You Might Be Making In Your IAS
GST is an area that commonly has mistakes made in it – mistakes that can be costly and require additional measures to correct it if they aren’t caught in time. Many small...
A Business Plan Requires Structure – Here Are 5 Things You Should Be Including In It
When you are first setting up a business, understanding exactly what you are setting out to achieve can be a daunting task. But a business plan takes some of that stress...
Structured Settlement Contributions – What Are They And Why Should You Care?
Disasters, be they natural or man-made, can happen to anyone. It could be a car accident, a tree crashing through the roof, or a bushfire hitting your residence. In any...
End Of FBT Year Is Approaching – Do You Know What Benefits You’re Giving Your Employees?
As a part of your employees’ employment contracts, do they receive benefits such as a car space, gym membership or even a car to drive? These are what’s known as fringe...