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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 8, 2019

Risk in Retirement Event Videos

Last year we held a “Lunch and Learn” event at our offices with around a dozen clients on the topic of: Risk in Retirement. Mark Copsey, […]
March 7, 2019

Tax changes to expect under a Labor government

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 […]
February 27, 2019

Banning life insurance commissions is not as sensible as it sounds

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 […]
January 29, 2019

New Year, New (Financial) You

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 […]
November 28, 2018

Company loan tax changes on the way!

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 […]
November 28, 2018

Federal Government to intervene in casual worker test case

In a recent blog post, we noted the finding of the Full Federal Court that a casual employee was entitled to the leave benefits of a […]
October 30, 2018

A day in the life of a farmer

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 […]
October 30, 2018

DIY audits: good practice in SME businesses of all kinds

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 […]
September 24, 2018

Federal Court rules ‘regular’ casuals entitled to annual leave

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 […]
August 30, 2018

Allworths’ Guide to Exchange-Traded Funds

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 […]
August 30, 2018

Protecting your business against cybercrime

In a previous blog post, we wrote about the new Notifiable Data Breaches scheme applying to businesses with a turnover of more than $3M from February […]
July 30, 2018

Drought Assistance Measures

Our thoughts are with our farming clients who we realise are suffering considerably at the present time. There are a number of limited assistance packages available, […]
July 30, 2018

Charlatans, Crooks and Fools

“The burnt customer certainly prefers to believe that he has been robbed rather than that he has been a fool on the advice of fools.”   […]
June 11, 2018

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 […]
October 28, 2024

Using Super For Medical Costs: Is It Worth It?

Over the past five years, more than 150,000 Australians have dipped into their retirement savings early to cover medical expenses, raising concerns about the financial impact […]
November 4, 2024

Business Income – What Counts?

The concept of business income has expanded far beyond traditional brick-and-mortar shops.  Whether you run a digital store, offer services through an app, or even sell […]
November 11, 2024

Determining Your Tax Residency – A Guide For Overseas Australians

Many Australians dream of moving overseas for a short-term adventure or a permanent lifestyle change. For some, the move is meticulously planned; for others, it’s a […]
November 18, 2024

The Pros and Cons of Insurance within Superannuation

Insurance within superannuation is a valuable option that many Australians use to help protect their financial security. While there are clear benefits, it’s important to consider […]
November 24, 2024

How To Build A Strong Company Culture For Employees That Works For Employers

Building a company culture that serves employees and aligns with business goals is both essential and achievable. A balanced culture fosters high employee satisfaction and supports […]
December 2, 2024

Selling A Former Rental Property? Here’s How The CGT Works…

When you sell a rental property in Australia, you may be liable for Capital Gains Tax (CGT) if the property has increased in value.  Here’s a […]
December 9, 2024

Why You Shouldn’t Dip Into Your SMSF for Christmas

The festive season is a time of joy and giving, but it can also bring financial stress.  With the added pressure of bills and buying presents, […]
December 12, 2024

Can Cancelling Your GST Registration Help You Avoid Charging GST on Asset Sales?

When you purchased your commercial property, you either paid GST on the purchase or claimed GST on the purchase price by registering for GST. If the […]
December 16, 2024

Cutting Costs Without Compromising Quality: A Guide for Small Businesses

Increasing cash flow while maintaining quality and avoiding overburdening employees is a challenge many small business owners face.  Streamlining expenses is an effective strategy that directly […]