Gemma
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 […]
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 21, 2024
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
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
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
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 […]