Ben Walker

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When Does It Make Sense To Set Up An SMSF?
When Does It Make Sense To Set Up An SMSF?
The most common question I get when someone's exploring self-managed super is, when does it make sense to set one up?
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Grow Your Wealth In A Legal Tax
Grow Your Wealth In A Legal Tax "Haven"
Tax Free Capital Gains Tax or CGT Let's say you run a business and you want to buy the premises. The premises is worth $1,000,000. You're 40 years old. You might fund that mostly from the bank, around $600,000, $700,000 and the rest from your SMSF....
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FBT Red Tape Reduction Explained
FBT Red Tape Reduction Explained
FBT is a bit of a pain to deal with if your business provides benefits to employees, that are not tax deductible in general.
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Which Employees Are Eligible For the JobMaker Hiring Credit?
Which Employees Are Eligible For the JobMaker Hiring Credit?
Eligibility Criteria:
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What You Need To Know About The JobMaker Hiring Credit
What You Need To Know About The JobMaker Hiring Credit
This is pretty exciting. Like JobKeeper, it needs your business and employees to be eligible.
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The Small Business Pool Write Off
The Small Business Pool Write Off
Another announcement is the ability to deduct your pool. Now, I don't mean actually going and building a pool in your backyard. But under the simplified depreciation rules that are allowable for small businesses, you can actually deduct your closing...
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Changes To The Immediate Asset Write Off
Changes To The Immediate Asset Write Off
This applies to assets such as cars, laptops, computers, machinery - assets that you purchase in your business, but under normal rules, you can't write off as soon as you buy them such as consumables. You actually have to write them off over a...
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How the Tax Loss “Carry Back” Can Benefit You
How the Tax Loss “Carry Back” Can Benefit You
How the Tax Loss “Carry Back” Can Benefit You If your business is making losses now because of COVID and if you're structured as a company, then you can actually offset your 2020, 2021 or 2022 financial year.
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Is Your Company Eligible For Up To $200/wk/employee JobMaker Hiring Credit?
Is Your Company Eligible For Up To $200/wk/employee JobMaker Hiring Credit?
Employer eligibility key criteria: You need to be up to date with tax lodgements. You can't have any overdue or outstanding tax returns.
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Can we operate a business from Super?
Can we operate a business from Super?
There's no specific law that says you cannot run a business from Super. Often, it is impractical because you might break another rule to run a business from Super.
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