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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) […]
September 2, 2024

The Key Responsibilities Of Running A Business (And How An Accountant Can Help)

Running a small business is an exciting and rewarding endeavour but comes with a fair share of responsibilities. Among the most important are the financial obligations […]
August 27, 2024

What You Need to Know About the New ‘Right to Disconnect’ Laws

If you are feeling overwhelmed by the constant demands of work emails, calls, and messages, you are not alone. Many employees struggle to balance their work […]
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 […]
March 26, 2021
Good news stories

Some good news this March

Sometimes the news can be a bit overwhelming, so we hope our hand-picked and light-hearted good news stories can bring you a little bit of joy […]
March 26, 2021
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Fringe Benefits Tax implications for vehicles with over 1 tonne carrying capacity

By Joshua Persson, Accountant at Allworths Chartered Accountants We have noticed a common misconception amongst our clients regarding vehicles. Specifically, the notion that if a vehicle […]
March 29, 2021
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Question of the month: Am I eligible to make the downsizing contribution into my super?

By Mark Copsey, Director of Allworths Wealth Management This month, we received a question about the eligibility of making the downsizer contribution to superannuation from the sale […]
March 30, 2021

Our Audit team are Client Choice Awards winners!

This month, we are over the moon to announce that we have been awarded ‘Best Auditing Firm (<$30m revenue)’ in the 2021 Client Choice Awards!  Congratulations […]
April 29, 2021

Startups and angels: a match made in heaven?

By Mark Copsey, Partner This month I attended the University of NSW’s Angel Investors Program hosted by UNSW to hear from some very talented, passionate members […]
April 29, 2021

Some good news this April

Sometimes the news can be a bit overwhelming, so we hope our hand-picked and light-hearted good news stories can bring you a little bit of joy […]
April 29, 2021

Bitcoin – a smart investment or a bloody big hoax? [1 of 3]

By Mark Copsey, Partner The price of Bitcoin has surged an astounding 400% in the past six months, and I have been getting more calls from […]
April 29, 2021

Auditing in the time of coronavirus — how Allworths and our clients fared in the pandemic

By Colleen Hosking FCA Allworths Assurance & Advisory was last month named Best Auditing Firm (<$30M revenue) in the 2021 Client Choice Awards. It has been […]
October 28, 2021

Online panel video: Thinking like a bigger business with 3 inspiring guest founders

In October Mark Copsey had the opportunity to interview three brilliant young founders of up-and-coming Aussie technology companies: Share with Oscar, a car space sharing marketplace […]