Small to Medium
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On 1 April, there were changes made to the laws in relation to Director’s responsibilities and superannuation guarantee reporting.
We live in a world where cyber crime is real. IT infrastructure and emails can be infiltrated by stealth to the point where emails are being monitored or altered without your knowledge. Scary, but true.
Just like software packages that adopt two factor authentications, we should consider adopting the same principal for confirming bank account details.
Many business owners have found that owning their commercial property within their SMSF, when used appropriately, can be a powerful way to boost retirement savings by paying a market rate of rent to their SMSF rather than to an external party.
Commercial vehicles such as certain types of utes, dual cab utes, four wheel drives etc, may be exempt from FBT.