Business Insights
From 1 July 2026, new anti-money laundering (AML) rules apply to accountants across Australia.
This means we may need to ask more questions, request identification, and document certain transactions more formally - even for long-standing clients.
This page explains what’s changed, when it applies, and what Smith Shearer clients can expect when planning things like succession, restructures, family loans, or buying and selling a business.
Getting your bookkeeping right is more than just uploading bank statements. This article breaks down the common areas where businesses get stuck - from reconciliations and coding to GST, receipts, and payroll - and shares simple tips to keep your books clean, accurate, and stress-free all year round.
Meet Caitlin and Jaden, the newest members of the Smith Shearer team - bringing fresh skills, steady capability, and a genuine commitment to our farming and regional clients.
As we move into the 2025–2026 financial year, there are several important updates to superannuation and retirement planning that may affect your strategy.
Why you should join smith shearer and how its a great place to work.
Learn how to prepare your regional WA business for a smooth, profitable sale - covering valuation, tax, planning, and buyer-ready financials.
Learn how to prepare your regional WA business for a smooth, profitable sale - covering valuation, tax, planning, and buyer-ready financials.
Succession planning isn’t just about equal shares. Discover how farming families can balance fairness, family harmony, and the future of their farms through early planning and open conversations.
Ensure a smooth business transition with effective succession planning. Learn how to protect your legacy, minimise financial risks, and secure long-term success for future generations with a well-structured, tailored succession plan. Start planning today!
Ensure wage compliance with tax guidance from Smith Shearer. We help businesses manage payroll audits, superannuation obligations, and PAYG withholding while aligning payroll with ATO and Fair Work requirements. Contact us today for strategic advice on structuring employee remuneration and reducing compliance risks.
Discover the ATO's key focus areas for 2025 and learn how small businesses can stay compliant. From separating business and personal income to claiming deductions and maintaining records, this guide covers everything you need to know to avoid pitfalls and succeed
Even for seasoned business owners, accounting missteps can create unnecessary roadblocks to growth and efficiency. From cash flow management to tax compliance, overlooking the details can lead to lost opportunities and financial strain. Here’s a closer look at common pitfalls and how to stay ahead of them.