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Navigating investment markets in uncertain times like these

As inflation returns, investors are now faced with a very different economic environment to the past decade. A decade of low-interest rates, low inflation and rising asset prices. You could forgive people for thinking that's just the way it is.

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ATO ramps up heat on directors

Recently the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations.

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What to expect from the new Government?

Anthony Albanese has been sworn in as Australia's 31st Prime Minister and a Government formed. We look at what we know so far about the policies of the new Government in an environment with plenty of problems and no easy fixes.

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Super Strategies for EOFY

We talk to a lot of clients about the best strategies to maximise their superannuation balance prior to retirement. The more money you have in super when you retire, the more choice you have about your retirement lifestyle. At present, you and your..

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The 120% deduction for skills training and technology costs

It’s a great headline, isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs, we started receiving..

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Can I claim a tax deduction for my gym membership?

There are lots of reasons to keep fit, but very few of them have to do with how we earn our income. As a result, a tax deduction for a gym membership isn’t available to most people. And yes, the Tax Office has heard all the arguments before about..

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Tax planning checklist for Businesses, Individuals and Retirees – what to watch out for in 21/22

Business Taxpayers

Business taxpayers will need to prepare for the new year as well as the current year.

Prepare for the following:

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Why Family Trusts need tax planning in 2022?

All those with family trusts need to do some tax planning and, at a bare minimum, review the cash distributions and prepare a Resolution before 30 June 2022.

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The effect of rising inflation

The word 'inflation' doesn't only dominate business news headlines, but finds its way into general news reports too.

So, what is inflation and how does it affect you?

In simple terms, inflation signifies a rise in the price of goods and services,..

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Changes to Hubdoc Fetch and Supplier Invoices

WLM encourages our business clients to use cloud-based tools to automate the capture of supplier invoices and bank transactions. If you are not currently using a tool to do this, please talk to us so we can assist you.

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