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January 22, 2025

Why Does Size Matter (In A Business)?

Running a business comes with plenty of challenges and opportunities, and knowing where your business fits in the broader landscape can make a big difference.  In […]
January 20, 2025

Your Tax Obligations to Check in January 2025

The beginning of a new year is an excellent time to revisit your financial obligations, particularly your taxes. January sets the tone for the rest of […]
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 […]
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 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 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 […]
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 […]
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 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 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 […]
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 […]
October 21, 2024

Claiming Immediate Deductions for Depreciating Assets: A Guide for Employees

When it comes to work-related expenses, the Australian Taxation Office (ATO) allows employees to claim immediate deductions for depreciating assets that cost $300 or less.  While […]
October 14, 2024

What Is Business Liability & How Can You Protect It?

Running a business in Australia comes with many responsibilities, and one of the most important aspects is understanding your liability.  Business liability refers to the legal […]
October 7, 2024

Understanding the Risks Associated with Superannuation

Superannuation is one of the best ways to save for retirement, but it’s not without its risks—especially if you’re between 40 and 60 and starting to […]
September 30, 2024

Vehicle-Related FBT – How To Manage What You’re Providing

As an employer, when you provide vehicles like sedans, station wagons, or passenger vans for your employees’ private use, you might be offering a car fringe […]
September 23, 2024

Side Hustle Culture: Having Your Own Business On The Side

Starting a side hustle has become increasingly popular in Australia as more people seek additional income streams, personal fulfilment, or a way to test business ideas […]
September 16, 2024

Superannuation, The Self-Employed & Contractors

If you’re a contractor, freelancer, or self-employed, you’re probably already juggling multiple responsibilities, from managing clients to keeping track of your income. One area that often […]
September 9, 2024

Understanding Closely-Held Employees & Small Business STP Reporting

Small businesses, especially family-run ones, require careful attention to payroll for closely held employees, such as family members, directors, and shareholders. The Australian Tax Office (ATO) […]
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 […]