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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 […]
May 30, 2019

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 […]
May 22, 2019

Why small business owners should learn to think like CFOs

Allworths has been around for a long time – over 120 years in fact! One thing that has remained constant is our love of small business […]
April 25, 2019

Cutting edge Australian software to help grow your business

As accountants and advisers to many business owners, we regularly get to trade stories with clients on all the ups and downs of managing and growing […]
April 24, 2019

The Cumnock Show and the fastest Lawn Mowers in NSW*

*Who knows if they’re really the fastest? Have a watch of the video below and make up your own mind! Allworths was back at the Cumnock […]
April 11, 2019

Ballot Box Budget: Federal Budget 2019-20

On 2 April, Josh Frydenberg handed down the Federal Budget 2019-20. In summary: there were no big surprises. It was widely expected that a return to […]
March 20, 2019

Extension of Single Touch Payroll to small employers

Single Touch Payroll (STP) is an ATO compliance regime that requires employers to electronically send employee payroll information; including salary, wages, PAYG withholding and superannuation; to […]
March 21, 2024

Protecting Yourself During Life Transitions: Divorce, Retirement, and Inheritance

Life is full of transitions, each bringing with it financial challenges and opportunities.  Whether navigating a divorce, preparing for retirement, or managing an inheritance, protecting your […]
March 21, 2024

Tips for Ensuring Your Business’s Regulatory Adherence With Super

Superannuation compliance is a crucial aspect of running a small business in Australia.  Ensuring that your business meets the regulatory requirements surrounding superannuation contributions is essential […]
March 21, 2024

Safeguarding Your Digital Assets In The Digital Age

In an era of digitalisation and interconnectedness, protecting personal and financial information has become increasingly critical.  As individuals and businesses rely more on digital platforms and […]
March 21, 2024

The Role of Legal Structures in Wealth Protection: Safeguarding Your Assets in Australia

Protecting one’s wealth is paramount for individuals and businesses in an ever-changing economic landscape.  While sound financial planning and risk management strategies play crucial roles, the […]
March 21, 2024

Strategies For Coping With Mortgage Stress

Mortgage stress can weigh heavily on homeowners, causing financial strain and emotional hardship.  Whether due to unexpected life events, economic challenges, or changes in personal circumstances, […]
March 21, 2024

Property Owners – A Warning About Bond Money

Did you know that money received as a bond from a tenant and retained after they leave your rental property (e.g. for damages, repairs, or rent […]
March 25, 2024

Compliance in the WFH Landscape: Know The Right Method You Can Use To Claim Expenses

Ensure you’re up to date on how to claim your working-from-home expenses!  As the business landscape shifts back and forth between office, hybrid and home-based work […]
April 29, 2024

What Is The Small Business Superannuation Clearing House?

For small businesses in Australia, managing superannuation payments for employees can be a time-consuming and complex task. Super guarantee payments must be made quarterly, with the […]
April 29, 2024

Strategies To Cut Costs Without Cutting Ties

For businesses, maintaining profitability and financial stability is essential for long-term success. At times, this can lead to costs needing to be cut.  However, cost-cutting initiatives […]