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Dan McGrath

Dan McGrath
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Recent Posts

ATO announces Short Cut method to claim working-from-home deductions

This article describes the range of expenses that employees can claim while working from home. The information provided is designed to help you track working-from-home expenses in preparation for your 2019/20 tax return.

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Government Assistance Announcement: The implications for your business

Prime Minister Scott Morrison recently announced a suite of measures aimed at stimulating the economy, following the World Health Organisation's declaration of the Coronavirus COVID-19 as a pandemic.

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WLM's Response to Coronavirus COVID 19

The Coronavirus pandemic and the measures to slow its transmission are evolving rapidly. First priority is the safety and wellbeing of our employees, clients and the broader community. The following is a summary of WLM’s operating procedures amidst..

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Main residence exemption abolished for non-residents and other tax issues to be aware of when moving overseas

On 12 December 2019, a law change means non-residents can no longer claim the Capital Gains Tax (CGT) main residence exemption unless, when a CGT event happens to their residential property in Australia, you were a foreign resident for tax purposes..

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WLM Launches new client portal

We're delighted to announce WLM Financial have recently introduced a brand new client portal. We're very excited by the functionality our portal will give WLM and our clients to exchange information more safely and securely than via email. The basic..

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Thinking of developing a property? Unexpected costs & how to avoid them

If you have a small property development project in mind, there are some essential factors to consider before purchasing that dream block. A range of taxes, duties and other unexpected costs can quickly add up.

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Important update on discretionary trusts

The NSW government recently introduced a bill whereby virtually all discretionary trusts may be deemed to be foreign trusts, regardless of whether they have any foreign connection or not. 

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How business owners unlock potential with one team of financial experts

The Rugby World Cup is in full swing, and as we watch nations compete for victory on the field we are sure to witness all the highs and lows that come with team sport. To be competitive having a strategy is a must, as too is commitment,..

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Business tax planning for 2018-19

With the introduction of Single Touch Payroll (STP) for ALL employers, the importance of tax planning each quarter for all Directors will be imperative.

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How to prepare for a tax office visit

The Tax Office is actively targeting geographic areas for special visits as part of a nationwide crackdown on the black economy.

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