Smith Feutrill Insights
Financial news, expert tips, insights, and our latest updates.
What Does Payday Super Actually Mean?
There’s been a lot of buzz around superannuation since the 2023-24 Federal Budget was announced. One such buzz involves the concept of ‘payday super’. Payday super has...
The Instant Asset Write-Off Returns
The Federal Budget has reintroduced the $20,000 Instant Asset Write Off to benefit small businesses amidst the myriad of measures announced by the government. The...
Time For A Business Health Check Up
With the end of the financial year approaching, now is the perfect time to conduct a business ‘health check’ so that you can come out at the start of the new financial...
PAYG Is A Good Thing! Don’t Freak Out (The ATO Is Not Stealing Your Money)
As a taxpayer, you may have encountered the term pay-as-you-go (PAYG). PAYG is generally a good thing, but there can be confusion between PAYG withholding and PAYG...
Does Your Family Business Have A Succession Plan?
Family-run businesses form an essential part of the economy. Tradition, success, history, and their unique dynamic can create a thriving business that many may wish to...
What Do You Need To Know To Get Out Of An SMSF?
If you’re a trustee of a self-managed super fund, some reasons or circumstances could have emerged that may result in you wanting to get out of that fund. These may be...
If I’ve Lost My TFN, What Can I Do?
Your tax file number (TFN) is a critical piece of information in your possession and should be a constant companion throughout your life. However, there are times when a...
How Do Partnerships Operate?
Starting a partnership may be a high-yielding decision whether you are in the business game or setting your sights on a new business venture. A partnership business...
New Work From Home Rules For Claiming Tax Deductions
With a new norm surrounding how Australians work (hybrid, remote or office-based), there has been a change in how work-related expenses will be claimed this year during...