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. […]
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 […]
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 […]
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 […]
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 […]
By David Downie, Partner With Sportsbet currently showing the Australian Labor Party (ALP) as $1.20 favourites to win the next Federal election, it is a good […]
By Mark Copsey, Director of Allworths Wealth Management TL;DR Banning life insurance commissions may leave consumers and especially young people worse off. The Royal Commission […]
By Mark Copsey, Partner at Allworths and Director at Allworths Wealth Management Eating breakfast on my balcony, I watch the people down below – walking by […]
Following on from announcements made in the 2017-18 and 2018-19 Federal Budgets, Treasury has released a consultation paper that explains significant proposed changes to the ‘Division […]
By Mark Copsey, Partner This month, Dave Costigan and I visited farming clients Norman and Pip Smith of Glenwood Merinos just outside Wellington NSW to […]
By Colleen Hosking, Director of Allworths Assurance & Advisory Last updated: 18/02/21 At Allworths Assurance & Advisory, we work with SMEs and large enterprises to provide […]
Employers and lawyers are warning of potentially huge liabilities and uncertainty for businesses that engage casuals after the Federal Court last month held casual employees who […]
Following our recent client event on Risk in Retirement, we received a number of enquiries in relation to Exchange-Traded Funds (ETFs) and how they operate. ETFs […]
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 […]