Smith Feutrill Insights
Financial news, expert tips, insights, and our latest updates.
The Tax Implications Of The Sharing Economy: What You Need To Know
In Australia, any income earned by a job may be considered taxable income. Those who receive their income via the sharing economy are no exception to the rule. In fact,...
When It Comes To Tax, Is It A Business Or A Hobby?
There are critical differences between having a hobby and running a business, and they mostly have to do with your tax, insurance and legal obligations. Understanding the...
What Happens To Superannuation When Bankruptcy Is Declared?
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...
Maximising Your Tax Deductions As A Home-Based Business
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...
Gender & The Super Gap – How Does Yours Compare?
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...
Cash Flow Health Check In The New Financial Year
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...
Have You Taken The Time To Tax Plan This EOFY?
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...
Creating New Roles In Your Business? Here’s A Few Tips
As businesses grow, you will inevitably need to create new roles and hire new staff. Adding a new member to your team is always challenging; when hiring someone to fill a...
Declaring Superannuation Contributions On Your Return
In some circumstances, superannuation contributions can be claimed on your tax return if made to a super fund or retirement savings account. However, these circumstances...