Uncategorized

March 21, 2024

What Is Compassionate Release of Super?

Generally speaking, superannuation is only available to access or draw from once you reach your preservation age. However, limited and highly conditional options are available for […]
March 21, 2024

Why Is Good Record-Keeping Important For Your SMSF?

The management of a self-managed super fund (SMSF) comes with various responsibilities attached, including the critical task of record-keeping.  One of the primary reasons for maintaining […]
March 18, 2024

Holiday Hustle: Crafting Engaging Content for April’s Festive Occasions

As April rolls around, businesses have a perfect opportunity to refresh their content marketing strategies and engage with their audience in new and exciting ways.  With […]
March 11, 2024

5 Factors To Guide Your Superannuation Fund Choice

Selecting the right superannuation fund is a crucial decision that can significantly impact your financial future in retirement.  With numerous options available, it’s essential to understand […]
March 4, 2024

Fringe Benefits Tax Considerations For Australian Businesses

For businesses operating in Australia, navigating the intricacies of the Fringe Benefits Tax (FBT) is essential to ensure compliance with tax regulations and minimise financial liabilities. […]
February 26, 2024

Common Challenges Businesses Face (And Strategies To Face Them With)

Starting and running a business is an exhilarating journey filled with opportunities for growth and success. However, along the way, entrepreneurs inevitably encounter trials and tribulations […]
February 20, 2024

Closing The Gap: Gender & Superannuation

There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden […]
February 20, 2024

Explaining The New Reporting Regime For The Sharing Economy

The Sharing Economy Reporting Regime (SERR) represents a significant development in Australia’s tax landscape, requiring certain businesses operating in the sharing economy to report specific transactions […]
February 5, 2024

Crafting Your Own New Year’s Business Resolution In 2024

With business operations underway, a new calendar year presents a perfect opportunity for entrepreneurs and business professionals to reflect on the past and set the stage […]
January 29, 2024

Navigating Challenging Times – Understanding NANE Income Versus Assessable Income

The recent spate of extreme weather events during the summer in various parts of Australia has presented unprecedented challenges for small businesses. As a result, the […]
January 29, 2024

Selling Your Business? These CGT Concessions Could Help Increase Your Super

As a small business owner gearing up for retirement, selling your business can be a strategic move to give your nest egg that final boost. However, […]
January 29, 2024

Why Are The Stage 3 Tax Cuts The Subject Of Discussion?

In a significant reversal to a key election promise, the Australian federal cabinet has approved changes to the stage-three tax cuts package, set to come into […]
January 29, 2024

How To Navigate Business Challenges In 2024

Stepping into 2024, businesses may navigate dynamic economic, societal, and technological shifts. Successfully navigating these changes requires a strategic and agile approach, which is essential for […]
December 19, 2023

Lodgement Penalty Amnesty For Businesses Ends 31 December 2023

The ATO’s lodgment penalty amnesty has been extended, providing thousands of eligible enterprises with a chance to rectify overdue income tax returns, business activity statements (BAS), […]
December 18, 2023

Chasing Up End Of Year Invoices

As the calendar year draws to a close, businesses often find themselves in a familiar but often challenging position – chasing invoices.  A healthy cash flow […]
December 15, 2023

Rightsizing Your Lifestyle: The Art of Property Downsizing

 As retirees embrace a new phase in their lives, the concept of property downsizing is gaining momentum as a strategic and rewarding financial move.  Downsizing isn’t […]
December 15, 2023

Unlocking the Secrets of Deductions: A Holiday Home Owner’s Essential Checklist

Property owners need to understand the intricacies of deductions associated with their cherished holiday retreats. However, as the holiday season approaches, they may find that their […]
November 27, 2023

Do You Have A Goal For Your Business?

Have you ever wondered about the origin story of your business? What drove you to start it in the first place? It’s a question that often […]
August 28, 2020

Our favourite resources for personal and workplace growth

In a flooded market of advice and opinions, it can be hard to figure out what (or who) is worth your time – especially when we […]
August 28, 2020

Some good news this August

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 […]
August 28, 2020
JobKeeper 2.0

JobKeeper Update

By Keri Liang, Senior Accountant Since March 2020, when the JobKeeper Payment scheme was announced, the program has helped thousands of Australian businesses who were feeling […]
September 28, 2020

From shoe boxes to the cloud, Mark Copsey reflects on his 25 years at Allworths

By Mark Copsey, Partner Following on from the ‘How Allworths Began’ article, I was asked to reflect on my 25 years at Allworths and how the profession has […]
September 28, 2020
Xero and ezyCollect

Xero App Series: ezyCollect

Welcome to the seventh instalment of our Xero App Series, covering some of the best and most popular Xero add-ons that may assist in your business. […]
September 28, 2020

Some good news this September

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 […]
September 29, 2020

Insolvency and bankruptcy protections extended despite zombie firm fears

In September we saw increasing concerns around “zombie firms” that have been shielded from failure by COVID-19 measures including JobKeeper Payments as well as temporary insolvency […]
October 8, 2020
FY2020-21 Budget announcement

2020-21 Federal Budget: Road to Recovery?

By David Downie, Partner at Allworths Chartered Accountants On October 6, the Federal Government announced the highly anticipated 2020-21 Budget. It is extra significant this year […]
October 21, 2020
Income protection insurance

Protect your income, protect your family

By Mark Copsey, Director of Allworths Wealth Management   What would you do? Have you ever stopped to think about how you would pay the mortgage, […]