Uncategorized

June 11, 2020

Eat, drink and be merry… just don’t tax me on it

By Mark Copsey, Partner at Allworths There are two things no one will deny at the moment; Australia’s need for economic recovery and that hospitality is […]
June 11, 2020

Xero App Series: Vend

Welcome to the fourth instalment of our Xero App Series, covering some of the best and most popular Xero add-ons that may assist in your business. […]
June 4, 2020

EOFY tax planning: 14 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 27, 2020

Some good news this May

In light of current events, you’ve probably noticed that we’ve been sharing some good news stories each month. We’re going to keep bringing you these posts […]
May 27, 2020

Xero App Series: CloudPayroll

Welcome to the third instalment of our Xero App Series covering some of the best and most popular Xero add-ons that could greatly assist you in […]
May 12, 2020

Using the COVID-19 tax incentives to make asset purchases

Of the several stimulus packages we’ve seen, all intended to boost the economy and offer much-needed support to businesses, much attention has been focused on the […]
May 6, 2020

Does your life insurance policy cover you for COVID-19?

By Mark Copsey, Director of Allworths Wealth Management Lately I’ve been seeing alarming reports in the media concerning people with the idea that their life insurance […]
April 30, 2020

Case study: How we saved one client $600,000

Over the years we’ve had a number of clients face ATO penalties for Self-Managed Super Fund related issues and have been able to work successfully with […]
April 29, 2020

Some good news this April

In light of the current situation, we’ve been sharing some good news stories to help balance out the deluge of other news coming in from around […]
April 29, 2020

Xero App Series: Receipt Bank

This month we have the second installment of our Xero App Series covering some of the best and most popular Xero add-ons that may assist in […]
April 8, 2020

Working from home to #flattenthecurve? Here’s what you could claim at tax time.

With many of us working-from-home or “WFH” at the moment, we’re sure many of you have been weighing up the costs and benefits of doing so. […]
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 […]
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 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 […]
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 […]
May 14, 2024

Take Your Time: Getting Your Return Right

Did you know that if you lodge your tax return in early July, your tax return’s chances of being flagged as incorrect by the ATO are […]
May 29, 2024

The Instant Asset Write-Off Continues To The 2024-25 Financial Year

In a move aimed at bolstering small business cash flow and reducing compliance costs, the Australian government has announced an extension of the $20,000 instant asset […]
May 29, 2024

Millenial & Gen Z – Preparing For The Future With Superannuation

Millennials and Gen Z are facing some of the most difficult challenges when it comes to financial priorities. Between paying off HECS debts/HELP loans and saving […]
May 29, 2024

How to Manage Cash Flow and Plan for Growth: A Guide for Small Businesses In The Lead Up To EOFY

Effective cash flow management is essential for the success and growth of any small business. Proper budgeting, forecasting, and managing finances ensure that your business remains […]
May 29, 2024

Trust Tax Return Compliance: A Guide

Managing a trust comes with its share of responsibilities, especially regarding tax compliance. To assist trustees and administrators, the ATO has provided a checklist that can […]
June 26, 2024

Self-Employment & Superannuation Before The EOFY

As the End of the Financial Year (EOFY) approaches, self-employed individuals can bolster their retirement savings and take advantage of significant tax benefits.  While the self-employed […]
June 26, 2024

Understanding The Superannuation Clearing House

As the End of the Financial Year (EOFY) approaches, employers and self-employed individuals must ensure their superannuation contributions are processed efficiently and on time. Utilising a […]
June 26, 2024

Meeting Your Business’s Tax Obligations At The EOFY

As the End of the Financial Year (EOFY) approaches in Australia, businesses must gear up to meet their tax obligations efficiently and accurately. This period can […]
June 26, 2024

Common EOFY Mistakes Made That Can Be Fixed Before 30 June

Finding yourself increasingly more busy as the EOFY approaches, particularly with meeting your tax obligations? It’s coming on tax time, so it’s time to ensure you’re […]