Uncategorized

August 23, 2026

Guilty Until Proven Innocent?

Most Australians assume gambling winnings are tax-free, and for the everyday punter having a flutter that is usually right — a casual win at the casino […]
August 17, 2026

The $30 Million “Gift” That Wasn’t

If a family member overseas is planning to send you money, there is a Full Federal Court decision you should read about first. Rene Cheung retired […]
August 10, 2026

“But I Can’t Do My Job Without It” – The Three Questions Every Deduction Must Answer

Every accountant hears it. I have to wear a suit to see clients. The army makes me keep my hair short. I pay a parking fine […]
August 4, 2026

Borrowing to Invest Through Your Family Trust

There are two clean ways to fund a trust investment with borrowed money and keep the interest deductible. There is also a common approach that does […]
July 26, 2026

Working From Home in 2025-26? Here’s How to Claim It on Your Tax Return

Millions of Australians worked from home at some point during the 2025-26 financial year, and many are entitled to claim a deduction on their tax return […]
July 19, 2026

The Minimum Wage Has Increased — Is Your Payroll Up to Date?

Australia’s national minimum wage increased by 4.75% on 1 July 2026, following a decision handed down by the Fair Work Commission on 2 June 2026. The […]
July 13, 2026

Super Caps Have Increased — Here’s How Much You Can Contribute This Year

The start of a new financial year brings updated superannuation contribution limits, and for 2026-27, both caps have moved upward. Whether you are looking to grow […]
July 7, 2026

New Rental Property Rules Are Now in Effect — What Every Property Owner Needs to Know

If you own a rental property — especially one that doubles as a holiday home or is listed on a platform like Airbnb or Stayz — […]
June 29, 2026

The New Super Tax on Large Balances Is Now Law — Here’s How It Works

What is Division 296? Division 296 is an additional tax on the taxable earnings of superannuation balances above $3 million. Formally known as the Building a […]
June 29, 2026

CGT and Negative Gearing Reform — What the New Tax Law Means for Investors

What the law covers The Tax Reform No. 1 Act 2026 does not contain any measures dealing specifically with the taxation of trusts. What it does […]
June 28, 2026

New Financial Year, New Rules — What Changes for Your Business on 1 July 2026

Payday Super begins on 1 July 2026 One of the most significant payroll changes in years takes effect from 1 July 2026. Under the Payday Super […]
June 22, 2026

SMSF Trustees — Your EOFY Checklist Before 30 June

If you run a self-managed super fund, the end of the financial year is not something you can leave until July. There are specific obligations that […]
June 14, 2026

Investment Property Deductions — What Landlords Should Be Reviewing Before 30 June

If you own a rental property, the weeks leading up to 30 June are an important time to take stock. Rental properties are one of the […]
June 8, 2026

Mid-Year Business Health Check — The Numbers You Should Be Reviewing Right Now

With the end of the financial year just weeks away, most business owners are heads-down managing day-to-day operations. But this is precisely the time to pause […]
June 3, 2026

Personal Deductible Contributions — How to Claim a Tax Deduction on Your Super Before 30 June

Most people assume superannuation contributions are either made by their employer or set up through salary sacrifice. But there’s a third option many Australians overlook — […]
May 24, 2026

Budget 2026: What Family Trust Holders Need to Know About the Proposed 30% Minimum Tax

One of the most significant announcements in the 2026 Federal Budget — and for many small business owners, one of the most concerning — was the […]
May 18, 2026

The $20,000 Instant Asset Write-Off Is Now Permanent — What It Means for Your Business

For years, the $20,000 instant asset write-off has been a lifeline for small businesses — letting you immediately deduct the full cost of eligible assets rather […]
May 11, 2026

What Employers Must Do Before 1 July 2026 To Comply With The New Payday Superannuation Rules

Payday Super Starts 1 July 2026 — Your Employer Checklist One of the biggest changes to hit Australian payroll in a generation is now less than […]
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, […]
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 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 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 […]
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! […]
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 […]
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 […]
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 30, 2020

Some good news this March

When we turn on the TV, open the newspaper or scroll through social media, most of what we see is dominated by stories about… you know […]