Smith Feutrill Insights
Financial news, expert tips, insights, and our latest updates.
Using A Corporate Trustee Instead Of Individuals For A Family Trust
A family trust is a great structure. It provides tax flexibility whilst giving you asset separation in two directions. But what does asset separation in two directions...
Receive A Relief Or Support Payment? Here’s What You Need To Watch Out For This Tax Season
Have you, over the course of the past financial year, received a government assistance payment, support payment or disaster relief supplement? There have been a number of...
Choosing A Structure For Your Business: The Co-Operative Explained.
Sometimes you might want to set up a structure where you will share in the spoils with everyone that deals with that structure. There is a specific type of structure for...
Your Family-Run Business & Succession Planning
Family-run businesses form an essential part of the economy. Tradition, success and history along with their unique dynamic can create a thriving business that many may...
Superannuation Changes That Have Recently Passed
There were a few changes to superannuation that were passed by the Senate recently. You can now use the bring-forward rule to make three years’ worth of non-concessional...
Boosting The Business With A Free Resource: Your Customers
More and more Australians bought local products during the past year and rallied behind smaller businesses, which buoyed many shops that may have otherwise struggled to...
1 July 2021 Will See Super Guarantee Rate Rise
Many years ago Julia Gillard’s government announced increases in the Superannuation Guarantee rate from 9% at the time, up to 12%. The impact of the Global Financial...
COVID-19 Office Update – 22/06
Following the Government announcement last Friday we are pleased to advise that our office is now back open for business albeit at 50% staff attendance. This means that...
The ATO Warns Gig Economy Workers To Declare Their Income, Or Face Severe Penalties
The inexpensive and profitable side hustle is under the ATO’s watchful eye when it comes to declaring income this tax season. With many gig economy workers often earning...