Allworths
April 27, 2023
Earn-out clauses for the sale of a business are increasingly common. We look at the positives and negatives that every business owner should consider. Business transactions […]
April 27, 2023
When you start a business, inevitably, it consumes not just a lot of time but also a lot of cash (much of which you have already […]
April 27, 2023
Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) released new details on electric vehicles. […]
March 30, 2023
Taxpayers claiming deductions on holiday homes are in the ATO’s sights. The ATO is more than a little concerned that people with holiday homes are claiming […]
March 30, 2023
A consultation paper released by Treasury has sparked a national debate about the role, purpose and access to superannuation ahead of the 2023-24 Federal Budget. What […]
March 30, 2023
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can […]
February 27, 2023
By Cynthia Fei, Manager Many of us assume that tax planning is only necessary at the end of the year. It often stays on our to-do […]
February 27, 2023
From 1 January 2023, those 55 and over can make a ‘downsizer’ contribution to superannuation. Downsizer contributions are an excellent way to get money into superannuation […]
February 27, 2023
The ATO has released its final position on how it will apply some integrity rules dealing with trust distributions – changing the goal posts for trusts […]
January 31, 2023
(The only part of this post written by humans from Allworths are the prompts in bold) How should business owners start a new year? Business owners […]
January 31, 2023
By Mark Copsey, Partner When you think of Tax Planning you may think it’s only for large businesses or the ultra wealthy. However, if you reframe it […]
January 30, 2023
The Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 received royal assent on Tuesday 6 December 2022. The legislation is extensive and brings into […]
November 29, 2022
By David Downie, Partner In a previous post, we started looking at how to develop your own personal Clarity Plan. For many, December and January will be […]
November 28, 2022
By Mark Copsey, Partner As we head into the festive season, it’s easy to lose sight of things – like tax planning – that could either […]
November 27, 2022
The “Hi Mum” scam (where you receive a text message that starts with e.g., “Hi Mum, I have broken my phone and I am using this […]
October 30, 2022
There is nothing in this Budget that would create a UK style crisis. The stage 3 tax cuts legislated to commence on 1 July 2024 are […]
October 29, 2022
The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data stolen. For business, the breach is […]
October 29, 2022
First home buyers purchasing property in NSW of up to $1.5m will have a choice of paying stamp duty or an annual property tax from 16 […]
April 29, 2021
By Mark Copsey, Partner The price of Bitcoin has surged an astounding 400% in the past six months, and I have been getting more calls from […]
April 29, 2021
Sometimes the news can be a bit overwhelming, so we hope our hand-picked and light-hearted good news stories can bring you a little bit of joy […]
April 29, 2021
By Mark Copsey, Partner This month I attended the University of NSW’s Angel Investors Program hosted by UNSW to hear from some very talented, passionate members […]
March 30, 2021
This month, we are over the moon to announce that we have been awarded ‘Best Auditing Firm (<$30m revenue)’ in the 2021 Client Choice Awards! Congratulations […]
March 29, 2021
By Mark Copsey, Director of Allworths Wealth Management This month, we received a question about the eligibility of making the downsizer contribution to superannuation from the sale […]
March 26, 2021
By Joshua Persson, Accountant at Allworths Chartered Accountants We have noticed a common misconception amongst our clients regarding vehicles. Specifically, the notion that if a vehicle […]
March 26, 2021
Sometimes the news can be a bit overwhelming, so we hope our hand-picked and light-hearted good news stories can bring you a little bit of joy […]
March 25, 2021
By David Costigan, Senior Accountant at Allworths Chartered Accountants Recently Mark Copsey, David Downie and I attended the annual ‘A Country Practice Accountants Conference’ in Orange. […]
February 24, 2021
Applications close: 30 March 2021, 5:00 PM (AEDT) In September last year, the PM announced $50 million in funding to help restart Australia’s business events industry. […]