For most Australians, superannuation quietly ticks along in the background — contributions go in, professionals manage the money, and you don’t think about it much until retirement.

Growing your business is exciting — but at some point, your structure can start holding you back. Here’s what you need to know about making the move from sole trader to company, and how to do it properly.

Fringe Benefits Tax (FBT) is a tax paid by employers on non-cash perks provided to employees — think company cars, gym memberships, or entertainment expenses.