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Read more about the article 3 Benefits an SMSF Can Provide for Your Small Business

3 Benefits an SMSF Can Provide for Your Small Business

  • Post author:teamsmb
  • Post published:30/12/2020
  • Post category:Business/Tax

One way that small business owners can strengthen and supplement their income is through self-managed super funds (SMSF). Though it might seem challenging, these obstacles are worth traversing, as SMSFs…

Continue Reading3 Benefits an SMSF Can Provide for Your Small Business
Read more about the article What You Need to Know About Hiring an SMSF Auditor

What You Need to Know About Hiring an SMSF Auditor

  • Post author:teamsmb
  • Post published:21/12/2020
  • Post category:Business/Tax
  • Post comments:0 Comments

A self-managed super fund (SMSF) trustee is obliged to designate an SMSF auditor approved by the Australian Taxation Office (ATO) on or before forty days before filing their SMSF annual…

Continue ReadingWhat You Need to Know About Hiring an SMSF Auditor
Read more about the article 3 Smart Tips for Reducing Your Tax Liability

3 Smart Tips for Reducing Your Tax Liability

  • Post author:teamsmb
  • Post published:19/12/2020
  • Post category:Business/Tax
  • Post comments:0 Comments

  Truth be told, paying taxes is not fun. It entails the stressful preparations you need to do to take into account all of your income. On top of that,…

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Read more about the article Tax Time is NOW!

Tax Time is NOW!

  • Post author:teamsmb
  • Post published:30/06/2020
  • Post category:Business/Personal/Tax
  • Post comments:0 Comments

TAX TIME IS NOW!   June 30 is fast approaching , so you should start thinking about any work-related and/or income-generating expenses you paid since last July 1, but also…

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Read more about the article TAX SAVING STRATEGIES

TAX SAVING STRATEGIES

  • Post author:teamsmb
  • Post published:30/06/2020
  • Post category:Business/News/Tax
  • Post comments:0 Comments

  TAX SAVING STRATEGIES   Even with the final day of the financial year to go, traditionally, year-end tax planning for small businesses is based around two simple concepts (i.e.,…

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Read more about the article Jobkeeper Payment Alternate test – Update 4

Jobkeeper Payment Alternate test – Update 4

  • Post author:teamsmb
  • Post published:24/04/2020
  • Post category:Business/News/Tax
  • Post comments:0 Comments

JobKeeper Alternative Turnover Tests The ATO has now determined alternative tests for various businesses in relation to the fall in turnover where there is not an appropriate relevant comparison period.…

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Read more about the article JobKeeper Guidance – Update 3

JobKeeper Guidance – Update 3

  • Post author:teamsmb
  • Post published:15/04/2020
  • Post category:Business/News/Tax
  • Post comments:0 Comments

JobKeeper Guidance and Payment Further information has now been released by Treasury to clarify the comparison period is for either; any monthly period from March 2020 to the end of…

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Read more about the article Claiming your Home Office Expenses

Claiming your Home Office Expenses

  • Post author:teamsmb
  • Post published:11/04/2020
  • Post category:Business/News/Personal/Tax
  • Post comments:0 Comments

You may now be working from home more than ever and you will be incurring costs of working from home, outlined below are various details as to  what you can…

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Read more about the article JobKeeper Payments Update 2

JobKeeper Payments Update 2

  • Post author:teamsmb
  • Post published:10/04/2020
  • Post category:Business/News/Tax
  • Post comments:0 Comments

JobKeeper In the third and largest economic stimulus package up to 6 million workers are set to be eligible for the $130 billion wage subsidy, known as the JobKeeper payment.…

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Read more about the article Commercial Tenancy Relief

Commercial Tenancy Relief

  • Post author:teamsmb
  • Post published:10/04/2020
  • Post category:Business/News/Tax
  • Post comments:0 Comments

On 7th April 2020, the Government announced SME Commercial Leasing Principles During CoVid 19 that is to be implemented between landlords and tenants through the COVID-19 crisis. Throughout the pandemic…

Continue ReadingCommercial Tenancy Relief
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