As the year winds down, many businesses are preparing to celebrate with end-of-year parties, staff gifts, and client events. While these celebrations are a great way […]
As the year draws to a close, many business owners find themselves juggling festive preparations, staff holidays, and the final rush of customer orders. Amid the […]
As the festive season approaches, it’s natural to feel the pinch – extra gifts, extra meals, travel, and year-end celebrations all add up. For members and […]
No one enjoys the idea of an Australian Taxation Office (ATO) audit, but it’s a reality that both individuals and businesses should be prepared for. The […]
The Fair Work Commission’s recent ruling against Westpac has sent ripples through workplaces across Australia — and for good reason. In a climate where hybrid work […]
Australia’s superannuation system is set for one of its biggest shake-ups in decades. The government’s “Payday Super” draft proposal aims to make super payments faster, fairer, […]
Seasonal events like Black Friday, Christmas, Easter, and Mother’s Day are more than dates on a calendar—they’re opportunities to engage with customers, increase brand visibility, and […]
When a relationship ends – whether it’s a marriage or a de facto partnership—there’s a lot to work through emotionally, practically, and financially. Among the assets […]
Diversification is often hailed as a smart growth strategy—spreading your business into new products, services, or markets so you’re not reliant on a single revenue stream. […]
Retirement doesn’t automatically mean freedom from tax obligations. While some retirees may no longer need to file a tax return, many still do, depending on their […]
If you’re thinking about selling your rental property, one of the most important things to prepare for is Capital Gains Tax (CGT). Many property investors underestimate […]
Estate planning is often thought of in terms of personal assets, including homes, investments, and superannuation. But for business owners, the business itself is often one […]
When it comes to retirement planning, there’s no shortage of advice – from rules of thumb like “you’ll need 70% of your pre-retirement income” to blanket […]
If your business pays contractors to provide certain services on your behalf, you may be required to lodge a Taxable Payments Annual Report (TPAR). The TPAR […]
Micro‑retirement is becoming a mainstream career trend — especially among younger generations — as a way to prevent burnout by taking purposeful breaks during one’s working […]
Private Health Insurance Rebate From 1 July 2012 private insurance premiums are income tested to determine entitlements to the private health insurance rebate. As a result, […]
Self-education expenses cap delayed The Government has decided to defer the introduction of the $2,000 cap on work related education expense deductions until 1 July 2015. […]
Tax Office reacts to superannuation funds selling assets after entering pension phase The ATO has issued a Draft Taxation Determination (TD 2013/D7) that self managed superannuation […]
Small business (those with an aggregated annual turnover of less than $2 million), have only 4 weeks to take advantage of tax benefits of the “Instant […]
Christmas The office will officially close on Friday 20 December 2013, and re-open Monday 6 January 2014. We wish all our clients, colleagues and families all […]
SuperStream is a government reform aimed at improving the efficiency of the superannuation system. Under SuperStream, employers must make super contributions on behalf of their employees […]
New appointments We are very pleased to announce the appointment of two new members to the Allworths team, Colleen Hosking and Sophia Tong. Colleen joins us […]
SMSFs – SuperStream deferral We sent out a newsflash in March this year regarding the new electronic data and payment requirements of the ‘SuperStream’ system to […]
The Australian Tax Office (ATO) has issued draft guidelines for the risk assessment and audit selection for professional practices for compliance reviews related to 2014/2015 […]