March 30, 2020

Xero App Series: Spotlight Reporting

By now, you’ve surely heard of Xero’s beautiful cloud accounting software and possibly even implemented it across your business. Many of our clients have taken this […]
March 20, 2020
Small Business 2020 Survival Guide

2020 Small Business Survival Guide

It’s clear we’re headed for some tough economic times. Many businesses have already been impacted profoundly and are wondering how they will survive. While there are […]
February 27, 2020

The rise of neobanks

By Mark Copsey, Director at Allworths Wealth Management It wasn’t until a recent trip to Norway I saw firsthand the power of neobanks. An online wallet […]
February 27, 2020

ATO to chase up overdue tax debt

As of 21 February, the ATO has a new weapon in their fight against unpaid tax debts – something businesses will want to pay attention to! […]
January 31, 2020

Grants for startups and SMEs

By David Downie, Partner at Allworths Chartered Accountants Whilst every business owner seeks to maximize revenue from customers, there is another source of business revenue that doesn’t […]
January 31, 2020

Mark’s visit to Wine Country

By Mark Copsey, Partner at Allworths Chartered Accountants There’s no better way to start a year than visiting clients and getting amongst their farms, vineyards and business […]
January 30, 2020

Is your business structure still suitable?

By David Downie, Partner at Allworths Chartered Accountants Businesses come in many forms: sole traders, partnerships, trusts, companies and more… In all the excitement of starting a […]
January 16, 2020

Investments: the year that was and the year ahead

By David Costigan, Senior Accountant at Allworths The year-end 2019 has been dominated by unending negatives, such as trade wars, Brexit, the slowing economy in China, […]
November 19, 2019

“Revenue is vanity; profit is sanity; cash is reality” – an interview with Simon Ashley, CFO.

Valuable lessons for SME leaders: an interview with experienced CFO Simon Ashley   Simon Ashley is a Chartered Accountant who started out as an auditor at […]
November 11, 2019

ATO to check in on poorly diversified SMSF portfolios

In an unusually proactive move for a large government institution, the ATO announced in August that it would be contacting 17,700 self-managed super fund “SMSF” trustees […]
October 28, 2019

“How can I have a tax bill if there’s no money in the bank?!” Understanding the importance of cash flow

By David Downie, Partner at Allworths Anyone in small business has probably felt the sting of a cash flow shortfall at tax time. That is, you […]
October 28, 2019

A cautionary tale: the facts on White Ribbon Australia

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 […]
September 30, 2019

What is equity crowdfunding and should you be paying attention?

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 […]
September 19, 2019

Time to embrace cloud accounting: MYOB ends desktop support

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 […]
August 30, 2019

DIY video marketing tips for small businesses and entrepreneurs

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 […]
August 29, 2019

Cloud accounting and the world of apps

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 […]
July 30, 2019

Demystifying bonds and bond funds

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 […]
July 30, 2019

Illegal phoenix activities: new company director penalty rules coming

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 28, 2022

Tax Time Targets

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

Tax and the family home

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 […]
August 29, 2022

It’s Not Easy Being Green

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 […]
August 29, 2022

FBT-free electric cars

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

How high will interest rates go?

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 […]
September 28, 2022

Knowing where you’re headed: Your personal Clarity Plan

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? […]
September 29, 2022

How to sell your business

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 29, 2022

Acquiring collectibles in your SMSF

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

120% deduction for skills training and technology costs

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% […]