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Mar 21, 2024 / News
Primary Production Property held in a Self-Managed Superannuation Fund (SMSF), is it worth it?
Self-Managed Superannuation Funds (SMSF) are governed by the Superannuation Industry Supervision (SIS) rules through the Australian Taxation Office (ATO). An audit must be undertaken every year by an ATO-registered superannuation fund auditor who reports any breaches of the SIS Act on an annual basis. Read more
Jan 25, 2024 / News
Succession planning – Ensuring the legacy of family-owned wineries
The wine industry, with its rich history and tradition, is often a family affair. Many vineyards and wineries have been passed down through generations, each adding their unique touch to the family legacy. Read more
Sep 27, 2023 / News
Hiring wine contractors? Your top considerations outlined
As a proactive business owner and responsible employer, gaining a comprehensive grasp of your tax and superannuation responsibilities is vital when it comes to the individuals you engage with. Read more
Jul 25, 2023 / News
Uncork Your Funding Potential: 7 Tips to Finance Your Wine Business
"We're open for business!" Major banks and financial institutions can be quick to make that promise. However, plans could take a turn when it comes to borrowing funds or rolling over existing facilities. That's because risks vary throughout industries, and they evolve from year to year — especially in Australia’s dynamic wine industry. As banks become more careful in reassessing associated risks, wine businesses are called to up their financing strategies. Read more
Aug 30, 2022 / News
Bleasdale Vineyards
We spoke to Leigh Warren, General Manager of Bleasdale Vineyards, who shared his personal insights into how he was able to use the challenges presented by COVID-19 to pivot his business to maximise opportunities and minimise the detrimental impacts on cashflow. Read more
Jul 26, 2022 / News
Importance of Regular Reporting in the Wine Industry
The wine industry is an exciting, creative and passionate industry, but also one full of challenges. Environmental, economic and political challenges often arise and changes in consumer trends mean regular review of business activities and offerings is a must. Read more
May 14, 2021 / News
Strategic Business Planning & WET update - Wine Industry Group
George Papanicolaou is a member of the firm’s Wine Industry Group. In this video, he discusses the key issues to consider if establishing a new wine business or restructuring an existing business. A link is also provided to a recent training video on WET tax and tips & traps: https://www.nexiaem.com.au/news/wine-equalisation-tax-training/ Read more
Apr 28, 2021 / News
Have you considered your exit strategy?
This article has been written by Nexia Sydney Director, Ian Stone, and reflects his anecdotal experiences with his clients over the course of his 40 years at Nexia. Read more
May 14, 2020 / News
Wine, cars & entertainment – top FBT considerations for wineries
It is beneficial to understand when FBT applies before decisions are made to avoid any nasty surprises. Read more
