The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and June 2022, according to the latest […]
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. An election ago, the 2022-23 Budget proposed a 120% […]
Clients with self managed superannuation funds (SMSFs) often ask what assets the SMSF can acquire. Why? The golden rule for acquiring assets inside your SMSF is […]
When it comes to selling a business, there are two key components at play: structuring the transaction; and positioning the business to the market. Both elements […]
By David Downie, Partner What do you want from your business? What do you want from your investments? What do you want from your job or profession? […]
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. Electric vehicles (EVs) […]
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the […]
The ATO has flagged four priority areas this tax season where people are making mistakes. The Australian Taxation Office (ATO) has revealed its four areas of […]
By Mark Copsey, Director at Allworths Wealth Management As the Queen celebrates her Platinum Jubilee I feel compelled to use part of her famous speech given […]
By David Downie and Mark Copsey Happy New Financial Year! Last month we focused on year-end tax planning tips. Now, with the financial year coming to a close, […]
By David Downie, Partner Back in February we wrote about the recent change in the ATO’s approach to discretionary trusts, in particular where distributions of trust […]
With many businesses looking at ways to incentivise and retain employees in the wake of the pandemic and the ‘great resignation’, fringe benefits have become topical […]
The rise of finfluencers Over the last couple of years, the rise of financial influencers, or ‘finfluencers’, as they have been nicknamed, has continued unabated. Found […]
On Tuesday the Government delivered the 2022 Federal Budget. With the federal election looming, Treasurer Josh Frydenberg argued that the country has “remained resilient and strong” […]
Missing your December ATO notice? Instalment Notices and Activity Statements are no longer being sent out by the ATO. Here’s what you need to know… What […]
In light of current events, you’ve probably noticed that we’ve been sharing some good news stories each month. We’re going to keep bringing you these posts […]
What’s more important: your car or your family? It’s a silly question, yet most car owners will have some form of vehicle insurance whilst the under-insurance […]