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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 […]
June 27, 2019

Tips for sound financial management in small business

In a previous blog post, we shared how important it is for small business owners to think like CFOs when managing their business and personal finances. […]
June 18, 2019

Quick tips on tax planning and investment for the new financial year

By Mark Copsey, Director of Allworths Wealth Management At the end of each tax year, we send out a summary outlining strategies for reducing tax and […]
February 5, 2024

Crafting Your Own New Year’s Business Resolution In 2024

With business operations underway, a new calendar year presents a perfect opportunity for entrepreneurs and business professionals to reflect on the past and set the stage […]
February 20, 2024

Explaining The New Reporting Regime For The Sharing Economy

The Sharing Economy Reporting Regime (SERR) represents a significant development in Australia’s tax landscape, requiring certain businesses operating in the sharing economy to report specific transactions […]
February 20, 2024

Closing The Gap: Gender & Superannuation

There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden […]
February 26, 2024

Common Challenges Businesses Face (And Strategies To Face Them With)

Starting and running a business is an exhilarating journey filled with opportunities for growth and success. However, along the way, entrepreneurs inevitably encounter trials and tribulations […]
March 4, 2024

Fringe Benefits Tax Considerations For Australian Businesses

For businesses operating in Australia, navigating the intricacies of the Fringe Benefits Tax (FBT) is essential to ensure compliance with tax regulations and minimise financial liabilities. […]
March 11, 2024

5 Factors To Guide Your Superannuation Fund Choice

Selecting the right superannuation fund is a crucial decision that can significantly impact your financial future in retirement.  With numerous options available, it’s essential to understand […]
March 18, 2024

Holiday Hustle: Crafting Engaging Content for April’s Festive Occasions

As April rolls around, businesses have a perfect opportunity to refresh their content marketing strategies and engage with their audience in new and exciting ways.  With […]
March 21, 2024

Why Is Good Record-Keeping Important For Your SMSF?

The management of a self-managed super fund (SMSF) comes with various responsibilities attached, including the critical task of record-keeping.  One of the primary reasons for maintaining […]
March 21, 2024

What Is Compassionate Release of Super?

Generally speaking, superannuation is only available to access or draw from once you reach your preservation age. However, limited and highly conditional options are available for […]