Holzworth News - Holzworth Partners

3 Jun 2025

Tax Question: Cryptocurrency and Capital Gains Tax

When it comes to investing in cryptocurrency, many individuals overlook the tax consequences of potentially high levels of performance returns. A recent client case highlights the complexities of managing capital gains tax (CGT) when transferring crypto assets from personal ownership to a more tax-effective structure, such as a company, trust, or SMSF. With significant gains already accruing, understanding the CGT implications is critical before making any changes to how you hold the investment. The client

3 Jun 2025

Understanding Payday Super – What You Need to Know

By Jane Purnell

Starting 1 July 2026 (if passed as law), Australian employers will be required to pay employees’ superannuation contributions at the same time as wages — a move commonly known as Payday Super. This change, announced in the 2023–24 Federal Budget, is designed to help workers grow their retirement savings faster and reduce unpaid super across the workforce. What is Payday Super? Currently, employers are only required to pay superannuation contributions quarterly. Payday Super means employers

13 May 2025

Why You Should Seek Aged Care Advice Before Making Important Decisions

By Jane Purnell

Navigating the aged care system in Australia can be complex and overwhelming. Whether you’re planning for your own future, or helping a loved one transition into care, obtaining aged care advice from a qualified professional can make a significant difference in both financial outcomes and peace of mind. In this article, we’ll explore why seeking expert aged care advice is a smart move—and how it can help you make informed, confident decisions during what is

9 May 2025

7 Life Events You Should Always Discuss With Your Accountant, Financial Adviser or Solicitor

By Jane Purnell

Looking for expert advice during major life changes? You're not alone. Whether it's buying a home, starting a business, or planning for retirement, the right guidance from an accountant, financial adviser, or solicitor can mean the difference between financial stress and long-term success.In this article, we outline seven important life events where getting professional advice is not just helpful—it’s essential. 1. Starting or Growing a Business If you’re launching or scaling a business, expert advice

2 May 2025

End of Financial Year: Superannuation Cut-Off Dates You Need to Know

By Jane Purnell

As 30 June 2024 quickly approaches, it’s time to prepare and finalise your superannuation contributions and pension withdrawals to ensure they are processed within this financial year. This is a key opportunity to optimise your tax position, maximise contribution caps, and stay compliant with regulatory requirements. Why Timing Matters Super contributions and withdrawals are not considered effective until the transaction has been fully processed by the fund. Simply initiating a payment on or near 30

11 Apr 2025

Meet the Team: Mausami Bhavsar

By Jane Purnell

Meet the Team: Mausami Bhavsar – Accountant At Holzworth Partners, we pride ourselves on the dedication and talent of our team. Today, we’re excited to introduce one of our new passionate accounting professionals – Mausami Bhavsar (Mansi), whose commitment to accuracy, integrity, and client service makes her an invaluable part of our practice. A Career Rooted in Precision and Professionalism Mansi is a detail-oriented and highly skilled accountant with a strong foundation in both Australian and

9 Apr 2025

What is a Tariff? Understanding the Role of Tariffs in Global Trade

By Jane Purnell

What is a Tariff? Understanding the Role of Tariffs in Global Trade In today's globally interconnected economy, the word tariff often pops up in the news, particularly in stories about trade negotiations, international disputes, or discussions about economic growth. But what exactly is a tariff, and why do countries impose them? In simple terms, a tariff is a tax imposed by a government on goods and services imported from other countries. These taxes are typically

9 Apr 2025

EOFY Preparation Should Start Now

By Jane Purnell

As we move into the final quarter of the financial year, now is the perfect time to get your house in order and start planning for End of Financial Year (EOFY) success. Waiting until June to begin your EOFY preparations can leave you scrambling — and missing key opportunities to minimise your tax, maximise deductions, and strategically position your business or personal finances. Why Planning Early Matters More Time for StrategyEarly preparation gives you the

5 Feb 2025

ESG & Sustainable Finance: What Every Investor & Business Needs to Know in 2025

By Jane Purnell

Sustainable finance and Environmental, Social, and Governance (ESG) investing have become integral to the global financial landscape. With growing regulatory pressures and increased investor demand for ethical investments, businesses and financial institutions are prioritizing sustainability in their financial strategies. This article explores the core principles of ESG investing, the latest regulatory developments, key investment opportunities, and how businesses can adapt to the evolving landscape of sustainable finance in 2025. What is ESG & Sustainable Finance?

5 Feb 2025

How Businesses Can Access Private Credit for Growth

By Jane Purnell

As traditional banks tighten lending requirements, private credit and alternative lending options are becoming vital sources of financing for businesses. This article explores how businesses can leverage private credit to fuel expansion, manage cash flow, and achieve financial stability in 2025. Understanding Private Credit Private credit refers to non-bank loans issued by alternative lenders, institutional investors, and private equity firms. Unlike traditional bank loans, private credit offers more flexible terms, faster approval processes, and tailored