Blog
April 27, 2023
Earn-out clauses for the sale of a business are increasingly common. We look at the positives and negatives that every business owner should consider. Business transactions […]
April 27, 2023
When you start a business, inevitably, it consumes not just a lot of time but also a lot of cash (much of which you have already […]
April 27, 2023
Just in time for the Fringe Benefits Tax (FBT) year that started on 1 April, the Australian Taxation Office (ATO) released new details on electric vehicles. […]
March 30, 2023
Taxpayers claiming deductions on holiday homes are in the ATO’s sights. The ATO is more than a little concerned that people with holiday homes are claiming […]
March 30, 2023
A consultation paper released by Treasury has sparked a national debate about the role, purpose and access to superannuation ahead of the 2023-24 Federal Budget. What […]
March 30, 2023
The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can […]
February 27, 2023
By Cynthia Fei, Manager Many of us assume that tax planning is only necessary at the end of the year. It often stays on our to-do […]
February 27, 2023
From 1 January 2023, those 55 and over can make a ‘downsizer’ contribution to superannuation. Downsizer contributions are an excellent way to get money into superannuation […]
February 27, 2023
The ATO has released its final position on how it will apply some integrity rules dealing with trust distributions – changing the goal posts for trusts […]
January 31, 2023
(The only part of this post written by humans from Allworths are the prompts in bold) How should business owners start a new year? Business owners […]
January 31, 2023
By Mark Copsey, Partner When you think of Tax Planning you may think it’s only for large businesses or the ultra wealthy. However, if you reframe it […]
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 […]
June 18, 2019
By Mark Copsey, Director of Allworths Wealth Management At the end of each tax year, we send out a summary outlining strategies for reducing tax and […]
June 27, 2019
In a previous blog post, we shared how important it is for small business owners to think like CFOs when managing their business and personal finances. […]
July 30, 2019
This week the federal parliament will consider a bill containing further measures aimed at countering illegal phoenix activities, including holding directors liable for their company’s unpaid […]
July 30, 2019
Australian investors have an obsession with Australian equities (shares), yet, at $2 trillion, they only represent around 2-3% of global equities. This is a fairly well-known […]
August 29, 2019
By David Downie, Partner We are increasingly living in the world of “the cloud,” where much of our business and personal lives rely on the Internet […]
August 30, 2019
If you are interested in experimenting with video marketing, here are some tips on just getting started! The first step is often the hardest, right? For […]
September 19, 2019
For users of the MYOB desktop accounting software solution AccountRight Classic, also known as v19, 30 September is an important date to look out for. MYOB […]
September 30, 2019
Whether they are supporting a charitable cause, seeking finance for a creative project or launching a startup, fundraisers of all kinds are increasingly turning to crowdfunding […]
October 28, 2019
By Colleen Hosking, Director at Allworths Assurance & Advisory It surprised and saddened many of us on 3 October 2019 to hear that the domestic violence […]