Smith Feutrill Insights
Financial news, expert tips, insights, and our latest updates.
Tips to upscale your business
Set realistic and actionable goals Businesses should set realistic and actionable small goals which they can work towards, rather broad goals which provide no direction....
Income Tax cuts in Federal Budget Benefiting high income earners
In its efforts to boost the economy, the Federal Government is considering bringing the planned income tax cuts forward. The intention behind these cuts is to boost the...
Amnesty means that 24,000 businesses own up to underpaying Aussies superannuation
An amnesty scheme which ended earlier this month has caused around 24,000 businesses to admit to underpayment of their worker's super. A total of 588 million dollars will...
What business structure suits your business?
An important decision to make before you start a business is what structure your business will run under. This will reflect into all facets of your business, so you...
Flexible workplace arrangements might be the way to go for businesses
Businesses working from home due to social distancing restrictions can take the opportunity to learn from the experience and consider new work structures coming out of...
Splitting your SMSF assets during divorce
Running an SMSF under regular circumstances comes with enough compliance obligations as it is. Adding divorce or separation into the equation can raise even more legal...
Handling deductions for self-education expense
Individuals upskilling and educating themselves during these down times may be eligible to claim a deduction for their self-education expenses. The deductions apply to...
Avoiding SMSF disputes
One of the benefits of SMSFs is the amount of control you have from managing it yourself. However, self-management can leave room for disputes among related parties,...
Division 7A and private loans
It is not uncommon for businesses to provide loans to shareholders or associates of a company. However, business owners should know the conditions that their loan must...