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 […]
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 […]
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 […]
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. […]
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 […]
Under the Australian Government’s latest tax grab (disguised as providing affordable housing to Australian residents), there is a very nasty sting on its way for Australians […]
A reminder that the Notifiable Data Breaches (NDB) scheme has been law in Australia from 22 February 2018. The NDB scheme applies to all organisations with […]
Single Touch Payroll (STP) is a new electronic way of reporting employee payments to the Australian Taxation Office (ATO). From 1 July 2018, employers with 20 […]
For 170 years, Chatsworth has provided a magnificent breeding ground for sheep, cattle and horses. Straddling the meandering Crookwell River and nestled in the rolling hills […]
Budget blows for residential property investors become law The 2016/17 Federal Budget included measures intended to address housing affordability. Strangely two of these measures attempt to […]
Superannuation A common misconception is that a deceased member’s superannuation benefits automatically form part of their estate, which is transferred under their Will. A deceased individual’s […]
Keeping your business passion alive With thanks to our guest contributor: Jo Hanlon of Mind Your Ps, our go-to HR experts You may have inherited a business, started one, […]
For businesses in Australia, providing fringe benefits to employees can be a valuable way to attract and retain talent, as well as incentivise performance. However, employers […]
As retirement looms, ensuring a comfortable and secure future becomes a top priority for many individuals. One essential aspect of this preparation is maximising superannuation contributions. […]
Strategic planning for businesses ensures resilience and continuity in adversity. While businesses often focus on growth and expansion, preparing for potential disruptions and emergencies that could […]
The Federal Budget was handed down on 14 May 2024, and has outlined a number of changes that impact businesses, tax & superannuation. Instant Asset Write-Off […]
With the latest Budget announcement, the Instant Asset Write-Off extends into another financial year, offering continued benefits for small businesses. Businesses with an aggregated turnover of […]
Another significant announcement arising from the 2024-25 Budget involves integrating superannuation with government-funded parental leave. To bolster Australia’s government-funded Paid Parental Leave (PPL) scheme and enhance […]
The Australian Taxation Office (ATO) is cautioning rental property owners about accurately claiming deductions on their tax returns this year, particularly with regard to maintenance claims. […]
Changes are being made to trust administration as a part of the Modernisation of Trust Administration Systems project, which will impact the way in which you […]