Allworths
April 3, 2017
What the ATO is doing The Australian Taxation Office has warned users of the ‘sharing economy’ (e.g. Airbnb or Uber) that it is performing data matching […]
April 3, 2017
There is no denying we are facing an online revolution. All aspects of our lives and businesses are becoming more ‘digitalised’. Advances in technology are changing […]
April 3, 2017
Signatures are going digital We are introducing a new way for you to sign important documents that come from our office. It’s called DocuSign. If you […]
March 3, 2017
We have seen an increased number of audits being conducted on clients’ Workers Compensation Policies and are seeing a number of recurring issues arising. This alert […]
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 […]
August 30, 2018
In a previous blog post, we wrote about the new Notifiable Data Breaches scheme applying to businesses with a turnover of more than $3M from February […]
July 30, 2018
Our thoughts are with our farming clients who we realise are suffering considerably at the present time. There are a number of limited assistance packages available, […]
July 30, 2018
“The burnt customer certainly prefers to believe that he has been robbed rather than that he has been a fool on the advice of fools.” […]
June 11, 2018
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 30, 2018
“The only value of stock forecasters is to make fortune tellers look good” – Warren Buffet By Mark Copsey, Director – Allworths Wealth Management […]
May 30, 2018
Throughout May, Allworths has been touching base with many of our country NSW clients. Mark Copsey and David Costigan hit the road together, travelling as far […]
May 30, 2018
From 1 July 2018, purchasers of new residential premises or potential residential land will be required to withhold an amount from the purchase price and pay that amount […]
May 30, 2018
Instant Asset Write-Off for Small Business Extended For 12 Months The government will extend the current instant asset write-off for Small Business Entities (SBEs), which […]
May 13, 2018
Personal Tax Cuts In a move to attract swinging voters, the Budget has revealed a seven-year personal income tax cut plan commencing from 1 July 2018. […]