Blog
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 […]
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 […]
June 5, 2017
The 2017-18 budget represents the federal government’s attempt to gain favour with voters amidst rising economic populist sentiment in the electorate. The government has decided to […]
June 5, 2017
With 30 June closing in quickly, here are some practical things for SME business owners and investors to consider. Before taking any action, we recommend speaking […]
June 5, 2017
With 30 June closing in quickly, here are some practical things to consider about the upcoming changes to superannuation. Before taking any action, we recommend speaking […]
July 20, 2017
GST not being charged on all imports In May, we published a blog post about proposed new GST rules affecting overseas businesses exporting goods and services […]
July 20, 2017
The new financial year is well and truly here. Bleary-eyed accountants everywhere have emerged from their cubicles to a sunny Sydney winter. It’s a great time to […]
August 16, 2017
New rules in force from 1 July 2017 From 1 July 2017, there has been an effective reduction in the top marginal rate of tax for […]
August 17, 2017
Eeny, meeny, miny, moe: getting that job done how and when you need it (part 1) With thanks to our guest contributor: Jo Hanlon of Mind Your Ps, our […]
August 17, 2017
Eeny, meeny, miny, moe: getting that job done how and when you need it (part 2) With thanks to our guest contributor: Jo Hanlon of Mind Your Ps, our […]
September 17, 2017
Estate Planning Mark Copsey – Partner I’ve found one simple question causes relief and yet so much stress at the same time with clients: is your […]