Allworths
March 3, 2017
Overview The NSW government has introduced a surcharge on residential land held by or associated with a ‘foreign person’ from the 2017 land tax year. This […]
March 3, 2017
Overview The 2017 Federal Government Mid-Year Economic and Fiscal Outlook (MYEFO) announced that from 1 July 2017, the Government will allow the ATO to disclose tax […]
February 12, 2015
Please click on the link below – Updated Fuel Tax Credit Rates 2 February 2015
October 1, 2014
There are many wise sayings when it comes to managing money, such as ‘If it looks too good to be true then it probably is’. In […]
October 1, 2014
Pursuant to the Corporations Act, a creditor that is owed more than $2,000 is eligible to issue a statutory demand against a company requiring it to […]
October 1, 2014
For every property transaction that you make there may be a GST consequence you need to consider. If you are making transactions involving property you […]
October 1, 2014
The tax office says $14 billion in lost super is waiting to be claimed. Does some of this relate to you or your family members? The […]
October 1, 2014
The ATO’s Project DO IT (Disclose Offshore Income Today) offers taxpayers with unreported income from offshore investments, the opportunity to make a full voluntary disclosure. In […]
October 1, 2014
ATO activity statements will be due on 28 October 2014 for those who lodge and pay on a quarterly basis. These first quarter statements need to […]
October 1, 2014
Recent press coverage of special dividends and capital distributions from some of Australia’s largest listed companies has prompted a range of inquiries from clients who have […]
October 1, 2014
There has been increased ATO audit activity in the small business sector particularly where the ATO has used small business benchmarking. Benchmarks are financial ratios developed […]
October 1, 2014
The Australian Tax Office (ATO) has issued draft guidelines for the risk assessment and audit selection for professional practices for compliance reviews related to 2014/2015 […]
June 23, 2014
SMSFs – SuperStream deferral We sent out a newsflash in March this year regarding the new electronic data and payment requirements of the ‘SuperStream’ system to […]
March 27, 2014
New appointments We are very pleased to announce the appointment of two new members to the Allworths team, Colleen Hosking and Sophia Tong. Colleen joins us […]
March 27, 2014
SuperStream is a government reform aimed at improving the efficiency of the superannuation system. Under SuperStream, employers must make super contributions on behalf of their employees […]
December 12, 2013
Christmas The office will officially close on Friday 20 December 2013, and re-open Monday 6 January 2014. We wish all our clients, colleagues and families all […]
December 6, 2013
Small business (those with an aggregated annual turnover of less than $2 million), have only 4 weeks to take advantage of tax benefits of the “Instant […]
September 23, 2013
Tax Office reacts to superannuation funds selling assets after entering pension phase The ATO has issued a Draft Taxation Determination (TD 2013/D7) that self managed superannuation […]
June 27, 2019
In a previous blog post, we shared how important it is for small business owners to think like CFOs when managing their business and personal finances. […]
June 18, 2019
By Mark Copsey, Director of Allworths Wealth Management At the end of each tax year, we send out a summary outlining strategies for reducing tax and […]
May 30, 2019
As 30 June is just around the corner, here’s a quick reminder of things to think about in your year end tax planning: If you are […]
May 22, 2019
Allworths has been around for a long time – over 120 years in fact! One thing that has remained constant is our love of small business […]
April 25, 2019
As accountants and advisers to many business owners, we regularly get to trade stories with clients on all the ups and downs of managing and growing […]
April 24, 2019
*Who knows if they’re really the fastest? Have a watch of the video below and make up your own mind! Allworths was back at the Cumnock […]
April 11, 2019
On 2 April, Josh Frydenberg handed down the Federal Budget 2019-20. In summary: there were no big surprises. It was widely expected that a return to […]
March 20, 2019
Single Touch Payroll (STP) is an ATO compliance regime that requires employers to electronically send employee payroll information; including salary, wages, PAYG withholding and superannuation; to […]
March 8, 2019
Last year we held a “Lunch and Learn” event at our offices with around a dozen clients on the topic of: Risk in Retirement. Mark Copsey, […]