Smith Feutrill Insights
Financial news, expert tips, insights, and our latest updates.
Increasing workplace flexibility
Businesses now working from home can take the opportunity for employers to learn from the experience and consider new work structures coming out of COVID-19. This could...
What you need to know about lodgement deferral dates
Due to COVID-19 and unforeseen financial circumstances, the ATO has announced a series of lodgement deferral dates available for tax returns, fringe benefits tax returns,...
Things to know about the First Home Super Saver Scheme
Individuals looking to buy their first home may claim up to $30,000 of their super contributions through the First Home Super Saver (FHSS) Scheme, which aims to reduce...
What should you do when contracts, sales or purchases are cancelled?
Contracts, sales or purchases are bound to be cancelled with financial uncertainty plaguing the economy as a result of COVID-19. To help you get through this, the ATO...
FBT exemptions to keep in mind during the COVID-19 pandemic
In emergency situations like the COVID-19 pandemic, there are certain benefits you can provide your employees or their associates which may be exempt from fringe benefits...
Assistance available for SMSFs and their members
The Government's economic response to coronavirus will provide SMSFs and their members with additional support, including reducing minimum drawdown rates and early...
What to consider when dismissing employees due to COVID-19
Despite unprecedented circumstances, employers still need to consider the requirements of dismissal under the Fair Work Act when ending employment to avoid legal action...
Eligible for the JobKeeper scheme? Here’s what to do now
Businesses wishing to use the JobKeeper payment scheme may find themselves running into many logistical uncertainties, as claiming the JobKeeper payment scheme can be a...
Applying for your superannuation guarantee amnesty
If you are an employer looking to correct past unpaid superannuation guarantee (SG) amounts, you now have a six-month window until 7 September 2020 to apply for SG...