--- title: WLM Blog | Dan McGrath (2) description: "More than a blog, this page is where we release our latest market insights, case studies and other timely content. Check back often.  \n (2)" image: https://insights.wlm.com.au/hubfs/WLM%20Accounting%20Blog.jpg --- [![WLM_Logo_RGB_Orn50](https://insights.wlm.com.au/hs-fs/hubfs/WLM_Logo_RGB_Orn50.png?width=521&height=169&name=WLM_Logo_RGB_Orn50.png "WLM_Logo_RGB_Orn50")](http://wlm.com.au/) - [About](https://www.wlm.com.au/about/) - [Services](https://www.wlm.com.au/services/) - [Tax & Compliance](https://www.wlm.com.au/services/tax-and-compliance/) - [Strategy & Advice](https://www.wlm.com.au/services/strategy-and-advice/) - [Clients](https://www.wlm.com.au/clients/) - [Construction & Trades](https://www.wlm.com.au/clients/construction/) - [Family Business](https://www.wlm.com.au/clients/family-business/) - [Insurance & Financial Services](https://www.wlm.com.au/clients/insurance-and-financial-services/) - [Renewable Energy & Environment](https://www.wlm.com.au/clients/renewable-energy-and-environment/) - [Service-based & Other Business](https://www.wlm.com.au/clients/service-based-and-other-business/) - [Insights & Case Studies](https://insights.wlm.com.au/blog) - [Blog](https://insights.wlm.com.au/blog) - [Buying a property with a business partner](https://explore.wlm.com.au/buying_a_property_with_a_business_partner_download) - [How to minimise tax & risk with business structure](https://explore.wlm.com.au/business-structure-whitepaper-download) - [Contact](https://www.wlm.com.au/contact/) [Login](https://clientlogin-us2.karbonhq.com/4Frhz6cPZq6r) - [About](https://www.wlm.com.au/about/) - [Services](https://www.wlm.com.au/services/) - [Tax & Compliance](https://www.wlm.com.au/services/tax-and-compliance/) - [Strategy & Advice](https://www.wlm.com.au/services/strategy-and-advice/) - [Clients](https://www.wlm.com.au/clients/) - [Construction & Trades](https://www.wlm.com.au/clients/construction/) - [Family Business](https://www.wlm.com.au/clients/family-business/) - [Insurance & Financial Services](https://www.wlm.com.au/clients/insurance-and-financial-services/) - [Renewable Energy & Environment](https://www.wlm.com.au/clients/renewable-energy-and-environment/) - [Service-based & Other Business](https://www.wlm.com.au/clients/service-based-and-other-business/) - [Insights & Case Studies](https://insights.wlm.com.au/blog) - [Blog](https://insights.wlm.com.au/blog) - [Buying a property with a business partner](https://explore.wlm.com.au/buying_a_property_with_a_business_partner_download) - [How to minimise tax & risk with business structure](https://explore.wlm.com.au/business-structure-whitepaper-download) - [Contact](https://www.wlm.com.au/contact/) # News, views and more More than a blog, this page is where we release our latest market insights, case studies and other timely content. Check back often. ## Dan McGrath ![Dan McGrath](https://insights.wlm.com.au/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg) Find me on: ### Recent Posts ### Most Recent **[Categories](https://insights.wlm.com.au/blog/author/dan-mcgrath/page/2#!)** - [Accounting](https://insights.wlm.com.au/blog/tag/accounting) - [Business Owners](https://insights.wlm.com.au/blog/tag/business-owners) - [Australian Taxation Laws](https://insights.wlm.com.au/blog/tag/australian-taxation-laws) - [Financial Planning](https://insights.wlm.com.au/blog/tag/financial-planning) - [Tax Planning](https://insights.wlm.com.au/blog/tag/tax-planning) - [ATO](https://insights.wlm.com.au/blog/tag/ato) - [Superannuation](https://insights.wlm.com.au/blog/tag/superannuation) - [Professionals](https://insights.wlm.com.au/blog/tag/professionals) - [Home Owners & Investors](https://insights.wlm.com.au/blog/tag/home-owners-investors) - [Family Business](https://insights.wlm.com.au/blog/tag/family-business) - [25/26 Financial Year](https://insights.wlm.com.au/blog/tag/25-26-financial-year) - [Renewable Energy & Environment](https://insights.wlm.com.au/blog/tag/renewable-energy-environment) - [Self Managed Super Funds](https://insights.wlm.com.au/blog/tag/self-managed-super-funds) - [23/24 Financial Year](https://insights.wlm.com.au/blog/tag/23-24-financial-year) - [Construction](https://insights.wlm.com.au/blog/tag/construction) - [Trusts](https://insights.wlm.com.au/blog/tag/trusts) - [24/25 Financial Year](https://insights.wlm.com.au/blog/tag/24-25-financial-year) - [Case Studies](https://insights.wlm.com.au/blog/tag/case-studies) - [Insurance Underwriting](https://insights.wlm.com.au/blog/tag/insurance-underwriting) - [Personal Income Tax](https://insights.wlm.com.au/blog/tag/personal-income-tax) - [Payroll Tax](https://insights.wlm.com.au/blog/tag/payroll-tax) - [WLM News](https://insights.wlm.com.au/blog/tag/wlm-news) - [22/23 Financial Year](https://insights.wlm.com.au/blog/tag/22-23-financial-year) - [26/27 Financial Year](https://insights.wlm.com.au/blog/tag/26-27-financial-year) [![Property and ‘lifestyle’ assets in the spotlight](https://insights.wlm.com.au/hubfs/Property%20and%20%E2%80%98lifestyle%E2%80%99%20assets%20in%20the%20spotlight.png)](https://insights.wlm.com.au/blog/property-and-lifestyle-assets-in-the-spotlight) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 12 September 2024 — 2 min read ### [Property and ‘lifestyle’ assets in the spotlight](https://insights.wlm.com.au/blog/property-and-lifestyle-assets-in-the-spotlight) **Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up.** [Read more](https://insights.wlm.com.au/blog/property-and-lifestyle-assets-in-the-spotlight) [![The changes to how tax practitioners work with clients](https://insights.wlm.com.au/hubfs/The%20changes%20to%20how%20tax%20practitioners%20work%20with%20clients.png)](https://insights.wlm.com.au/blog/the-changes-to-how-tax-practitioners-work-with-clients) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 19 August 2024 — 2 min read ### [The changes to how tax practitioners work with clients](https://insights.wlm.com.au/blog/the-changes-to-how-tax-practitioners-work-with-clients) **The Government has amended the legislation guiding registered tax practitioners to include compulsory reporting of material uncorrected errors to the Tax Commissioner.** [Read more](https://insights.wlm.com.au/blog/the-changes-to-how-tax-practitioners-work-with-clients) [![What’s ahead for 2024-25?](https://insights.wlm.com.au/hubfs/What%E2%80%99s%20ahead%20for%202024-25%20.png)](https://insights.wlm.com.au/blog/whats-ahead-for-2024-25) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 15 July 2024 — 4 min read ### [What’s ahead for 2024-25?](https://insights.wlm.com.au/blog/whats-ahead-for-2024-25) **Will 2024-25 be another year of volatility or a return to stability?** [Read more](https://insights.wlm.com.au/blog/whats-ahead-for-2024-25) [![End of year CEO message](https://insights.wlm.com.au/hubfs/End%20of%20year%20CEO%20Message.png)](https://insights.wlm.com.au/blog/2023_ceo_message) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 18 December 2023 — 2 min read ### [2023 year end CEO message](https://insights.wlm.com.au/blog/2023_ceo_message) As we approach the end of another eventful year, I wanted to take a moment on behalf of WLM Financial to express our gratitude for your continued trust and partnership. It has been a year marked by both challenges and opportunities, and we are.. [Read more](https://insights.wlm.com.au/blog/2023_ceo_message) [![Tips for reducing FBT on meal entertainment](https://insights.wlm.com.au/hubfs/Reducing%20FBT%20on%20meal%20entertainment%20business%20expenses.png)](https://insights.wlm.com.au/blog/tips_for_reducing_fbt_on_meal_entertainment) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 21 November 2023 — 7 min read ### [Tips for reducing FBT on meal entertainment](https://insights.wlm.com.au/blog/tips_for_reducing_fbt_on_meal_entertainment) FBT for small business is probably the most cumbersome area of tax law. The reason for this is that it requires record keeping above and beyond the numbers reported in the accounting system and relies on staff keeping detailed records every time.. [Read more](https://insights.wlm.com.au/blog/tips_for_reducing_fbt_on_meal_entertainment) [![Dan McGrath, CEO, WLM Financial](https://insights.wlm.com.au/hubfs/Dam%20McGrath%201200px.jpg)](https://insights.wlm.com.au/blog/year-end-ceo-message) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 12 December 2022 — 2 min read ### [Year end CEO message](https://insights.wlm.com.au/blog/year-end-ceo-message) 2022 has been another big year at WLM. It started with Covid still causing concern, resulting in the continuance of remote working and remote meetings. As the year progressed, things returned closer to normal, along with increased face-to-face.. [Read more](https://insights.wlm.com.au/blog/year-end-ceo-message) [![Federal budget](https://insights.wlm.com.au/hubfs/WLM%20image%20size%20tempate.jpg)](https://insights.wlm.com.au/blog/federal_budget) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 13 October 2020 — 7 min read ### [Federal Budget Summary - What it means for business](https://insights.wlm.com.au/blog/federal_budget) Here is a summary of the key takeaways from a tax perspective of the 2020 Federal Budget announcement and what this means for businesses. [Read more](https://insights.wlm.com.au/blog/federal_budget) [![Forecasting during a pandemic](https://insights.wlm.com.au/hubfs/Images/Social%20(LkdI%2c%20FB%2c%20Twtr)%201200%20x%20628-2.png)](https://insights.wlm.com.au/blog/forecasting) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 10 September 2020 — 6 min read ### [Forecasting during a pandemic](https://insights.wlm.com.au/blog/forecasting) Now, more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent. [Read more](https://insights.wlm.com.au/blog/forecasting) [![JobKeeper 2.0 updates](https://insights.wlm.com.au/hubfs/JK%20Ipdates%201200%20x%20628%20px%20Facebook%2c%20Twitter.jpg)](https://insights.wlm.com.au/blog/jobkeeper-2.0-updates) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 26 August 2020 — 15 min read ### [JobKeeper 2.0 updates](https://insights.wlm.com.au/blog/jobkeeper-2.0-updates) From 28 September 2020, the second tranche of the JobKeeper scheme changes the eligibility tests for employers and employees, and the method and amount paid to eligible employees. [Read more](https://insights.wlm.com.au/blog/jobkeeper-2.0-updates) [![Updates to JobKeeper 2.0](https://insights.wlm.com.au/hubfs/1200%20x%20628%20px%20Facebook%2c%20Twitter-4.png)](https://insights.wlm.com.au/blog/updates-to-jobkeeper-2.0) ![Dan McGrath](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0039%20-%20Copy.jpg?width=400&height=250&name=WLM-ingrid-photography--0039%20-%20Copy.jpg) **Dan McGrath** 18 August 2020 — 3 min read ### [Updates to JobKeeper 2.0](https://insights.wlm.com.au/blog/updates-to-jobkeeper-2.0) Following on from [our JobKeeper 2.0 blog on 30 July 2020](https://insights.wlm.com.au/blog/jobkeeper-2.0), on 7 August 2020, the Treasurer announced further changes to increase access to the scheme during the proposed extension period (i.e. 28 September 2020 to 28 March 2021), driven by the recent.. [Read more](https://insights.wlm.com.au/blog/updates-to-jobkeeper-2.0) [1](https://insights.wlm.com.au/blog/author/dan-mcgrath/page/1) [2](https://insights.wlm.com.au/blog/author/dan-mcgrath/page/2) [3](https://insights.wlm.com.au/blog/author/dan-mcgrath/page/3) [4](https://insights.wlm.com.au/blog/author/dan-mcgrath/page/4) ### Free Resources - [Whitepaper: How to minimise tax & risk with business structure](https://explore.wlm.com.au/business-structure-whitepaper-download) - [Whitepaper: Buying a property with a business partner](https://explore.wlm.com.au/buying_a_property_with_a_business_partner_download) - [E-Guide: 7 financial mistakes of builders and tradies](https://explore.wlm.com.au/financial-mistakes-of-builders-and-tradies) - [E-Guide: Tax and accounting considerations for setting up an insurance underwriting agency in Australia](https://explore.wlm.com.au/tax-and-accounting-considerations-for-setting-up-an-insurance-underwriting-agency-in-australia) - [A guide to the Federal Budget 2025 - 26](https://explore.wlm.com.au/a-guide-to-the-federal-budget-2025-26) - [EOFY Tax Planning Webinar](https://youtu.be/xhf7yafx8YE?si=TuqCM5eEtWPP91lg) - [EOFY business checklist](https://explore.wlm.com.au/your-business-end-of-financial-year-checklist) ### Blog Categories - [Accounting (166)](https://insights.wlm.com.au/blog/tag/accounting) - [Business Owners (143)](https://insights.wlm.com.au/blog/tag/business-owners) - [Australian Taxation Laws (123)](https://insights.wlm.com.au/blog/tag/australian-taxation-laws) - [Financial Planning (88)](https://insights.wlm.com.au/blog/tag/financial-planning) - [Tax Planning (76)](https://insights.wlm.com.au/blog/tag/tax-planning) - [ATO (53)](https://insights.wlm.com.au/blog/tag/ato) - [Superannuation (51)](https://insights.wlm.com.au/blog/tag/superannuation) - [Professionals (40)](https://insights.wlm.com.au/blog/tag/professionals) - [Home Owners & Investors (34)](https://insights.wlm.com.au/blog/tag/home-owners-investors) - [Family Business (30)](https://insights.wlm.com.au/blog/tag/family-business) - [25/26 Financial Year (22)](https://insights.wlm.com.au/blog/tag/25-26-financial-year) - [Renewable Energy & Environment (20)](https://insights.wlm.com.au/blog/tag/renewable-energy-environment) - [Self Managed Super Funds (20)](https://insights.wlm.com.au/blog/tag/self-managed-super-funds) - [23/24 Financial Year (18)](https://insights.wlm.com.au/blog/tag/23-24-financial-year) - [Construction (18)](https://insights.wlm.com.au/blog/tag/construction) - [Trusts (18)](https://insights.wlm.com.au/blog/tag/trusts) - [24/25 Financial Year (17)](https://insights.wlm.com.au/blog/tag/24-25-financial-year) - [Case Studies (17)](https://insights.wlm.com.au/blog/tag/case-studies) - [Insurance Underwriting (16)](https://insights.wlm.com.au/blog/tag/insurance-underwriting) - [Personal Income Tax (13)](https://insights.wlm.com.au/blog/tag/personal-income-tax) - [Payroll Tax (9)](https://insights.wlm.com.au/blog/tag/payroll-tax) - [WLM News (9)](https://insights.wlm.com.au/blog/tag/wlm-news) - [22/23 Financial Year (8)](https://insights.wlm.com.au/blog/tag/22-23-financial-year) - [26/27 Financial Year (5)](https://insights.wlm.com.au/blog/tag/26-27-financial-year) ## Subscribe Stay up to date with tax and accounting news, and subscribe to our newsletter. 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WLM does not however warrant the accuracy of the information and forecasts possibly contained in the WLM website. No visitor to the site should rely upon the information and/or recommendations contained in the WLM website. WLM strongly recommends that all prospective purchasers of securities should make their own inquiries and seek professional advice before acting on any of the information contained in the WLM website. Should you wish to seek advice, please feel welcome to [contact us](http://wlm.advisclient.com.au/contact/).