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April 14, 2025

The Instant Asset Write-Off: A Small Business Tax Perk Worth Knowing About

If you’re running a small business in Australia, you’ve probably heard the term “instant asset write-off” tossed around—especially come tax time, and more recently in the […]
April 7, 2025

7 Red Flags In A Business That Could Jeopardise Its Success

Running a business comes with its fair share of challenges, but some warning signs indicate deeper problems that could jeopardise its long-term success.  Whether you’re an […]
March 24, 2025

Claiming Expenses Incurred As A Result Of Natural Disasters: Rental Property Owners Beware!

Natural disasters can cause significant damage to rental properties and business premises, leading to costly repairs and financial uncertainty.  If you own a rental property or […]
March 17, 2025

Sustainable Business Practices – A Key Focus For Owners

Sustainability has become a key focus for businesses across all industries.  Companies are increasingly recognising that sustainable business practices not only help the environment but also […]
March 10, 2025

Understanding Division 293 Tax: What High-Income Earners Need to Know

Division 293 tax is an additional tax on concessional superannuation contributions for high-income earners in Australia.  It is applied at a rate of 15% on certain […]
March 3, 2025

FBT Preparation (What You Need To Do Before 31 March)

As 31 March approaches, businesses need to prepare for their Fringe Benefits Tax (FBT) obligations to ensure compliance with the Australian Taxation Office (ATO).  The FBT […]
February 24, 2025

What Are Reportable Employer Super Contributions?

When it comes to managing employee benefits, understanding reportable employer super contributions is essential.  These contributions impact your reporting obligations and your employees’ tax situations.  What […]
February 17, 2025

The Importance of Continuous Advice for Superannuation and SMSFs

Superannuation is one of the most significant investments many Australians will make. The stakes are even higher for those managing their retirement savings through a self-managed […]
February 10, 2025

LCT Compliance: How to Safeguard Your Business from Luxury Car Tax Errors

The Luxury Car Tax (LCT) is an Australian tax applied to vehicles exceeding specific value thresholds.  As of the 2024–25 financial year, LCT is levied at […]
February 3, 2025

Improving Day-to-Day Business Operations in the New Year

The start of a new year is the perfect time for businesses to reflect on their daily operations and identify areas for improvement.  Small, consistent changes […]
January 27, 2025

Checking in on Your Superannuation Halfway Through the Financial Year

The halfway point of the financial year is an excellent time to take stock of your superannuation.  With six months of income and contributions already in […]
January 25, 2025

Establishing Good Habits For Your Business With Your Accountant’s Help

As the new year begins, it’s the perfect time for business owners to reflect and reset.  An accountant’s advice? Building strong business habits in 2025 will […]
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 […]
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, […]