Allworths

March 21, 2024

Property Owners – A Warning About Bond Money

Did you know that money received as a bond from a tenant and retained after they leave your rental property (e.g. for damages, repairs, or rent […]
March 21, 2024

Strategies For Coping With Mortgage Stress

Mortgage stress can weigh heavily on homeowners, causing financial strain and emotional hardship.  Whether due to unexpected life events, economic challenges, or changes in personal circumstances, […]
March 21, 2024

The Role of Legal Structures in Wealth Protection: Safeguarding Your Assets in Australia

Protecting one’s wealth is paramount for individuals and businesses in an ever-changing economic landscape.  While sound financial planning and risk management strategies play crucial roles, the […]
March 21, 2024

Safeguarding Your Digital Assets In The Digital Age

In an era of digitalisation and interconnectedness, protecting personal and financial information has become increasingly critical.  As individuals and businesses rely more on digital platforms and […]
March 21, 2024

Tips for Ensuring Your Business’s Regulatory Adherence With Super

Superannuation compliance is a crucial aspect of running a small business in Australia.  Ensuring that your business meets the regulatory requirements surrounding superannuation contributions is essential […]
March 21, 2024

Protecting Yourself During Life Transitions: Divorce, Retirement, and Inheritance

Life is full of transitions, each bringing with it financial challenges and opportunities.  Whether navigating a divorce, preparing for retirement, or managing an inheritance, protecting your […]
March 21, 2024

What Is Compassionate Release of Super?

Generally speaking, superannuation is only available to access or draw from once you reach your preservation age. However, limited and highly conditional options are available for […]
March 21, 2024

Why Is Good Record-Keeping Important For Your SMSF?

The management of a self-managed super fund (SMSF) comes with various responsibilities attached, including the critical task of record-keeping.  One of the primary reasons for maintaining […]
March 18, 2024

Holiday Hustle: Crafting Engaging Content for April’s Festive Occasions

As April rolls around, businesses have a perfect opportunity to refresh their content marketing strategies and engage with their audience in new and exciting ways.  With […]
March 11, 2024

5 Factors To Guide Your Superannuation Fund Choice

Selecting the right superannuation fund is a crucial decision that can significantly impact your financial future in retirement.  With numerous options available, it’s essential to understand […]
March 4, 2024

Fringe Benefits Tax Considerations For Australian Businesses

For businesses operating in Australia, navigating the intricacies of the Fringe Benefits Tax (FBT) is essential to ensure compliance with tax regulations and minimise financial liabilities. […]
February 26, 2024

Common Challenges Businesses Face (And Strategies To Face Them With)

Starting and running a business is an exhilarating journey filled with opportunities for growth and success. However, along the way, entrepreneurs inevitably encounter trials and tribulations […]
February 20, 2024

Closing The Gap: Gender & Superannuation

There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden […]
February 20, 2024

Explaining The New Reporting Regime For The Sharing Economy

The Sharing Economy Reporting Regime (SERR) represents a significant development in Australia’s tax landscape, requiring certain businesses operating in the sharing economy to report specific transactions […]
February 5, 2024

Crafting Your Own New Year’s Business Resolution In 2024

With business operations underway, a new calendar year presents a perfect opportunity for entrepreneurs and business professionals to reflect on the past and set the stage […]
January 29, 2024

Navigating Challenging Times – Understanding NANE Income Versus Assessable Income

The recent spate of extreme weather events during the summer in various parts of Australia has presented unprecedented challenges for small businesses. As a result, the […]
January 29, 2024

Selling Your Business? These CGT Concessions Could Help Increase Your Super

As a small business owner gearing up for retirement, selling your business can be a strategic move to give your nest egg that final boost. However, […]
January 29, 2024

Why Are The Stage 3 Tax Cuts The Subject Of Discussion?

In a significant reversal to a key election promise, the Australian federal cabinet has approved changes to the stage-three tax cuts package, set to come into […]
March 31, 2022

Question of the month: contractor vs employee

Whether a worker qualifies as a contractor or an employee is a common source of confusion among small business owners. There are some common misconceptions around […]
March 31, 2022

Have you made the move to General Purpose Financial Statements? If not, here’s what you need to know.

If you have been preparing Special Purpose Financial Statements (SPFS), it’s important to check whether you are impacted by the replacement of these with General Purpose […]
March 31, 2022

The cryptocurrency regulation debate

With cryptocurrency an ever-growing phenomenon, it’s no surprise that some are calling for greater regulation and clarity surrounding the rules (however counterintuitive this may seem considering […]
February 28, 2022

Important changes to ATO policy on discretionary trusts

By David Downie, Partner  28 February 2022 Last Wednesday the ATO released four new pieces of guidance in relation to discretionary (family) trusts that demonstrate a […]
February 27, 2022

Cloud accounting with Xero and its App Marketplace

Anyone who remembers shoving handfuls of business receipts into shoeboxes, or dutifully plugging them away into spreadsheets one by one, has most likely welcomed the age […]
February 10, 2022

NSW Small Business Support in February

As the impacts of the surge in Omicron cases catch up with many small businesses around NSW, the premier announced a Small Business Support package that […]
January 31, 2022

Strategic Planning Tips

By David Downie, Partner Late last year, Mark and I invested the time to attend a strategy retreat for 3 days in Merimbula with the help […]
January 31, 2022

Mark’s recent podcast on investing, ETFs, crypto and more

With Mark Copsey, Director, Allworths Wealth Management  The podcast I was interviewed on at the end of last year covered some of today’s most relevant topics […]
January 30, 2022

NSW Small Business Fees and Charges Rebate

With the recent surge in Omicron cases, Australia is certainly feeling the effects of COVID-19 two years on from its first arrival in Australia. It’s a […]