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August 26, 2024

Getting The Most Out Of Your Nest-Egg With Some Super Secrets

Superannuation is one of the most important tools you have for securing a comfortable retirement.  While most people are familiar with the basics—like making contributions and […]
August 19, 2024

The Tax-Free Threshold & Multiple Jobs

It’s important to know how the tax-free threshold works, especially if you’re earning income from more than one job.  Many people mistakenly claim the tax-free threshold […]
August 12, 2024

The Power of Product Diversification in Business: When It Works and When It Doesn’t

As a business owner, you’re always on the lookout for ways to grow and adapt in an ever-changing market.  One strategy that many businesses consider is […]
August 5, 2024

Superannuation for Young Professionals: Start Early, Retire Comfortably

As a young professional, planning for retirement is a distant priority. However, starting early with your superannuation contributions can significantly impact your financial future. Prioritising superannuation […]
July 28, 2024

Claiming Motor Vehicle Expenses In The New Financial Year

Making the most of available tax deductions for your business can be an important aspect of starting the new financial year. It’s why planning and strategising […]
July 28, 2024

Turning Business Ideas into Reality: A Practical Guide

Every successful business starts with a simple idea. The journey from concept to a thriving enterprise, however, is fraught with challenges. For aspiring entrepreneurs, the key […]
July 28, 2024

Spousal Contributions: A Guide To Voluntarily Boosting Super

Superannuation is a vital aspect of retirement planning in Australia, ensuring individuals have sufficient savings for their later years. One effective strategy to enhance your family’s […]
July 28, 2024

Ensuring Income Tax Exemption: Key Points for Not-for-Profit Sporting Organisations

Starting from the 2023-24 income year, not-for-profit (NFP) organisations, including sporting clubs, societies, and associations with an active Australian Business Number (ABN), must lodge an annual […]
July 28, 2024

How Could E-Commerce Impact Your Business In The New Financial Year?

As the Australian e-commerce landscape evolves, 2024 is set to be a year of significant innovation and adaptation. With 24 million smartphone users and an expected […]
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 […]
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

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

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 […]
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 […]
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

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

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 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 […]
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. […]
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 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 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 […]
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 […]
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 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 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 […]
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 […]