Gemma
June 29, 2022
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, […]
May 25, 2022
By David Downie and Mark Copsey Welcome to our special Tax Time edition. With 30 June looming, we would like to share some tax tips […]
April 28, 2022
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 […]
April 28, 2022
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 […]
April 28, 2022
The short answer is: maybe no one. But it’s an easy fix. A startup or small business is challenging enough in the core work that’s being […]
April 28, 2022
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 […]
March 31, 2022
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” […]
March 31, 2022
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
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
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
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
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
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
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
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
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 […]
December 19, 2021
By Mark Copsey, Partner In this final article of the year I thought it would be interesting to share with you some of the investments I […]
November 29, 2021
Have you recently launched a new business or started thinking about it? Running a business can be a hugely rewarding and fulfilling experience, but it comes […]
January 29, 2024
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
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
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 […]
January 29, 2024
Stepping into 2024, businesses may navigate dynamic economic, societal, and technological shifts. Successfully navigating these changes requires a strategic and agile approach, which is essential for […]
December 19, 2023
The ATO’s lodgment penalty amnesty has been extended, providing thousands of eligible enterprises with a chance to rectify overdue income tax returns, business activity statements (BAS), […]
December 18, 2023
As the calendar year draws to a close, businesses often find themselves in a familiar but often challenging position – chasing invoices. A healthy cash flow […]
December 15, 2023
As retirees embrace a new phase in their lives, the concept of property downsizing is gaining momentum as a strategic and rewarding financial move. Downsizing isn’t […]
December 15, 2023
Property owners need to understand the intricacies of deductions associated with their cherished holiday retreats. However, as the holiday season approaches, they may find that their […]
November 27, 2023
Have you ever wondered about the origin story of your business? What drove you to start it in the first place? It’s a question that often […]