Gemma
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 […]
October 29, 2022
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 […]
September 29, 2022
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% […]
September 29, 2022
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 […]
September 29, 2022
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 […]
September 28, 2022
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? […]
August 29, 2022
The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the […]
August 29, 2022
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) […]
August 29, 2022
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 […]
July 28, 2022
Everyone knows you don’t pay tax on your family home when you sell it… right? We take a closer look at the main residence exemption that […]
July 28, 2022
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 […]
July 28, 2022
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 […]
March 21, 2024
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
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
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
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
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
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
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
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
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 […]