June 29, 2022

Tips for having a smooth tax return experience

By David Downie and Mark Copsey   Happy New Financial Year! Last month we focused on year-end tax planning tips. Now, with the financial year coming to a close, […]
May 25, 2022

Tax Time Tips FY2022

By David Downie and Mark Copsey   Welcome to our special Tax Time edition. With 30 June looming, we would like to share some tax tips […]
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 […]
April 15, 2018

Changes to accessing the ATO Small Business Super Clearing House

Action required on/before 28 April 2018 If you have been using the ATO Small Business Superannuation Clearing House (SBSCH) for your SGC superannuation obligations, the ATO […]
April 26, 2018

There are fun T-Bars and then there’s SMSF Transfer Balance Account Reporting

You may need to lodge quarterly TBAR reports with the ATO from 1 July 2018   You may have heard of new superannuation rules, introduced on […]
May 13, 2018

Chasing swinging voters: personal income tax cuts, super changes and other 2018-19 Budget measures

Personal Tax Cuts In a move to attract swinging voters, the Budget has revealed a seven-year personal income tax cut plan commencing from 1 July 2018. […]
May 30, 2018

2018-19 Federal Budget Measures Affecting Businesses

Instant Asset Write-Off for Small Business Extended For 12 Months   The government will extend the current instant asset write-off for Small Business Entities (SBEs), which […]
May 30, 2018

Change to the GST for property purchases from 1 July 2018

From 1 July 2018, purchasers of new residential premises or potential residential land will be required to withhold an amount from the purchase price and pay that amount […]
May 30, 2018

Spare a thought for NSW farmers

Throughout May, Allworths has been touching base with many of our country NSW clients. Mark Copsey and David Costigan hit the road together, travelling as far […]
May 30, 2018

Is stock picking a mugs game?

“The only value of stock forecasters is to make fortune tellers look good” – Warren Buffet   By Mark Copsey, Director – Allworths Wealth Management   […]
June 11, 2018

EOFY tax planning: 13 things to consider before 30 June

As 30 June is just around the corner, here’s a quick reminder of things to think about in your year end tax planning: If you are […]
July 30, 2018

Charlatans, Crooks and Fools

“The burnt customer certainly prefers to believe that he has been robbed rather than that he has been a fool on the advice of fools.”   […]