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October 1, 2014
Recent press coverage of special dividends and capital distributions from some of Australia’s largest listed companies has prompted a range of inquiries from clients who have […]
October 1, 2014
There has been increased ATO audit activity in the small business sector particularly where the ATO has used small business benchmarking. Benchmarks are financial ratios developed […]
October 1, 2014
The Australian Tax Office (ATO) has issued draft guidelines for the risk assessment and audit selection for professional practices for compliance reviews related to 2014/2015 […]
June 23, 2014
SMSFs – SuperStream deferral We sent out a newsflash in March this year regarding the new electronic data and payment requirements of the ‘SuperStream’ system to […]
March 27, 2014
New appointments We are very pleased to announce the appointment of two new members to the Allworths team, Colleen Hosking and Sophia Tong. Colleen joins us […]
March 27, 2014
SuperStream is a government reform aimed at improving the efficiency of the superannuation system. Under SuperStream, employers must make super contributions on behalf of their employees […]
December 12, 2013
Christmas The office will officially close on Friday 20 December 2013, and re-open Monday 6 January 2014. We wish all our clients, colleagues and families all […]
December 6, 2013
Small business (those with an aggregated annual turnover of less than $2 million), have only 4 weeks to take advantage of tax benefits of the “Instant […]
September 23, 2013
Tax Office reacts to superannuation funds selling assets after entering pension phase The ATO has issued a Draft Taxation Determination (TD 2013/D7) that self managed superannuation […]
September 16, 2013
Self-education expenses cap delayed The Government has decided to defer the introduction of the $2,000 cap on work related education expense deductions until 1 July 2015. […]
July 26, 2013
Private Health Insurance Rebate From 1 July 2012 private insurance premiums are income tested to determine entitlements to the private health insurance rebate. As a result, […]
July 5, 2013
Changes to the super guarantee and upper age limit From 1 July 2013 the super guarantee increases to 9.25% and the upper age limit has been […]
January 17, 2013
New taxes may soon apply The United Kingdom is introducing legislation that will from April 2013 inflict an annual property tax on foreigners who own UK […]
December 17, 2012
New Partner We are very pleased to announce that David Downie has been admitted as a partner of Allworths. David has worked in the accounting profession […]
December 4, 2012
Since our last Viewpoint it has been a largely rural feel for Allworths. Stephen Armstrong and Craig Duncan visited clients in Albury in June. In August, […]
June 22, 2012
The Quarter just ended – The last few months have focused on tax planning and looking at the implications of the Federal Budget. As we draw […]
May 18, 2012
Non-residents with Australian assets need to consider the impact of the Governments announcement in last weeks Federal Budget of the removal of the 50% CGT discount […]
April 27, 2012
The quarter just ended This has been another busy quarter for the partners and staff of Allworths. In February, Stephen, Mark and Pasandi visited colleagues […]
May 19, 2025
Businesses facing financial challenges must take proactive steps as the end of the financial year approaches to ensure compliance and set a foundation for recovery. The […]
May 26, 2025
Self-managing your National Disability Insurance Scheme (NDIS) budget can give you more control and flexibility. However, it also comes with important tax responsibilities – especially if […]
June 2, 2025
If you’re self-employed—whether you run your own business as a sole trader or operate within a partnership—you’re probably used to wearing many hats. From managing clients […]
June 9, 2025
A new financial year is more than just ticking compliance boxes—it’s a strategic opportunity to reflect, reset, and reposition your business for the year ahead. One […]
June 16, 2025
If you’re considering purchasing a vehicle for your business, it’s important to be aware of the updated car thresholds taking effect from 1 July 2025. Each […]
June 23, 2025
As interest in cryptocurrency continues to grow, an increasing number of self-managed super funds (SMSFs) are incorporating digital assets into their investment strategies. While the potential […]
June 30, 2025
The start of a new financial year presents the perfect opportunity to reset, refocus, and set your business up for success. As your accountant, we recommend […]
July 7, 2025
As the 2025-26 financial year kicks off and the 2024-25 ends, it heralds the start of another tax season of receipt-chasing, deductions and paperwork. Whether you’re […]
July 14, 2025
If you’re aged 55 or over and considering selling your family home, you may have a unique opportunity to boost your superannuation through what’s known as […]