April 28, 2022

Update on ATO changes to discretionary trusts

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

FBT deadline approaching

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

Who wears the CFO hat in a small business?

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 debate over ‘finfluencers’ amidst ASIC crackdown

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

Budget 2022: a Budget for the Ballot Box

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

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 […]
December 19, 2021

Investing year in review by Mark Copsey

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

Announcing our new free resource: the Small Business Playbook 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 […]
November 29, 2021

Action required: Apply for your Director Identification Number

What is required? As part of a new director requirement, all directors must verify their identity by applying for a unique director identification number. This includes […]
November 29, 2021

A beginner’s guide to investing [Part 4]

If I’d known at 25 what I know now By Mark Copsey, Partner The past three articles in this series have hopefully provided the theory behind investing, […]