What does the coronavirus stimulus package mean for businesses?

Amidst the chaos of the COVID-19, better known as the coronavirus, and concerns for Australia’s weakening economy, the Morrison government most recently released a “coronavirus stimulus package” largely targeted at stimulating the Australian economy through cash payments and tax relief for small to medium-sized businesses. Worth more than $17 billion, the stimulus package is planned…

SMSF: Deductible expenses

One of the downsides of running a self-managed super fund (SMSF) are the fees, but making sure you know what SMSF expenses are deductible can help you make the most out of your money. Many expenses required for running an SMSF can be deductible unless they are related to gaining non-assessable income, such as exempt…