---
title: WLM Blog (17)
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 (17)"
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/)

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- [Insights & Case Studies](https://insights.wlm.com.au/blog) 
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    - [Buying a property with a business partner](https://explore.wlm.com.au/buying_a_property_with_a_business_partner_download)
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- [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.

### Most Recent

**[Categories](https://insights.wlm.com.au/blog/page/17#!)**

- [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)

[![](https://insights.wlm.com.au/hubfs/Wild%202022.jpg)](https://insights.wlm.com.au/blog/experienced-investors-preparing-for-a-wild-2022)

**Financial Planner**

 24 February 2022 —  2 min read

### [Experienced investors preparing for a wild 2022](https://insights.wlm.com.au/blog/experienced-investors-preparing-for-a-wild-2022)

January was a tough month for financial markets, with concerns that rising inflation would lead to rising interest rates (and potentially lower equity prices). In January, equity markets started to take notice of this risk. The ASX 200 Index fell..

[Read more](https://insights.wlm.com.au/blog/experienced-investors-preparing-for-a-wild-2022)

[![](https://insights.wlm.com.au/hubfs/Rat%20Test%201200px.png)](https://insights.wlm.com.au/blog/pcr-and-rat-tests-to-be-tax-deductible-fbt-free)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 22 February 2022 —  1 min read

### [PCR and RAT tests to be tax deductible, FBT free](https://insights.wlm.com.au/blog/pcr-and-rat-tests-to-be-tax-deductible-fbt-free)

The Treasurer has announced that PCR and rapid antigen tests (RAT) will be tax deductible for individuals and exempt from fringe benefits tax (FBT) for employers if purchased for work purposes.

[Read more](https://insights.wlm.com.au/blog/pcr-and-rat-tests-to-be-tax-deductible-fbt-free)

[![](https://insights.wlm.com.au/hubfs/Year%20of%20the%20Tiger%201200px.png)](https://insights.wlm.com.au/blog/year-of-the-tiger-roaring-or-bellowing)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 22 February 2022 —  4 min read

### [Year of the Tiger: Roaring or Bellowing?](https://insights.wlm.com.au/blog/year-of-the-tiger-roaring-or-bellowing)

**The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum and change. The message; walk boldly with courage. And it seems the Reserve Bank Governor is aligned with this sentiment.**

[Read more](https://insights.wlm.com.au/blog/year-of-the-tiger-roaring-or-bellowing)

[![McDonald’s convicted and fined for failing to provide documents to the Australian Taxation Office (ATO).](https://insights.wlm.com.au/hubfs/McDonalds%20convicted%201200px.jpg)](https://insights.wlm.com.au/blog/mcdonalds-fined-over-ato-document-compliance-failure)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 28 January 2022 —  2 min read

### [McDonald's convicted for ATO compliance failure](https://insights.wlm.com.au/blog/mcdonalds-fined-over-ato-document-compliance-failure)

McDonald’s Australia has been convicted and fined for failing to provide documents to the Australian Taxation Office (ATO).

[Read more](https://insights.wlm.com.au/blog/mcdonalds-fined-over-ato-document-compliance-failure)

[![New ATO guidance for Professional Firms](https://insights.wlm.com.au/hubfs/UntitleProfessional%20Firms%20Tax%20Guidance%201200px.jpg)](https://insights.wlm.com.au/blog/engineering-medical-legal-and-other-professional-firms-new-ato-guidance-for-allocation-of-profits)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 28 January 2022 —  6 min read

### [Engineering, Medical, Legal. New ATO guidance for Professional Firms](https://insights.wlm.com.au/blog/engineering-medical-legal-and-other-professional-firms-new-ato-guidance-for-allocation-of-profits)

The ATO has finalised its guidance on the Allocation of Professional Firm Profits (or commonly known as income splitting) that will apply from 1 July 2022.

[Read more](https://insights.wlm.com.au/blog/engineering-medical-legal-and-other-professional-firms-new-ato-guidance-for-allocation-of-profits)

[![Unlocking financial secrets for different phases of life](https://insights.wlm.com.au/hubfs/Social%20(LkdI%2c%20FB%2c%20Twtr)%201200%20x%20628-1.jpg)](https://insights.wlm.com.au/blog/unlocking-financial-secrets-for-different-phases-of-life)

**Financial Planner**

 25 January 2022 —  3 min read

### [Unlocking financial secrets for different phases of life](https://insights.wlm.com.au/blog/unlocking-financial-secrets-for-different-phases-of-life)

One of the keys to financial success is to adopt the right strategy at the right time. As you move through the stages of life, here are some tried and tested ‘secrets’ that will help you build and protect your wealth.

[Read more](https://insights.wlm.com.au/blog/unlocking-financial-secrets-for-different-phases-of-life)

[![Top Christmas Tax Questions](https://insights.wlm.com.au/hubfs/Christmas%20Gestures%201200px.jpg)](https://insights.wlm.com.au/blog/the-top-christmas-tax-questions)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 20 December 2021 —  4 min read

### [The top Christmas tax questions](https://insights.wlm.com.au/blog/the-top-christmas-tax-questions)

**Every year, we are asked about the tax impact of various Christmas or holiday related gestures. Here are our top tips.**

[Read more](https://insights.wlm.com.au/blog/the-top-christmas-tax-questions)

[![Tax situation if Santa was an Australian tax resident](https://insights.wlm.com.au/hubfs/Australian%20Santa%201200px.jpg)](https://insights.wlm.com.au/blog/if-santa-was-an-australian-tax-resident)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 20 December 2021 —  4 min read

### [If Santa was an Australian tax resident](https://insights.wlm.com.au/blog/if-santa-was-an-australian-tax-resident)

**A lighter look at the complexity of Australian taxation laws and the year that has been.**

[Read more](https://insights.wlm.com.au/blog/if-santa-was-an-australian-tax-resident)

[![Four financial resolutions to kick start the new year](https://insights.wlm.com.au/hubfs/2022%20Financial%20Resolutions%201200px.jpg)](https://insights.wlm.com.au/blog/four-financial-resolutions-to-kick-start-the-new-year)

**Financial Planner**

 15 December 2021 —  2 min read

### [Four financial resolutions to kick start the new year](https://insights.wlm.com.au/blog/four-financial-resolutions-to-kick-start-the-new-year)

The dawn of a new year sees many people setting new year’s resolutions such as losing some weight or giving up smoking.

[Read more](https://insights.wlm.com.au/blog/four-financial-resolutions-to-kick-start-the-new-year)

[![Gifts under the ATO radar](https://insights.wlm.com.au/hubfs/Gifts%20under%20the%20ATO%20radar.jpg)](https://insights.wlm.com.au/blog/gifts-or-loans-from-related-overseas-entities-under-the-ato-radar)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 24 November 2021 —  4 min read

### [Gifts or Loans from related Overseas entities under the ATO Radar](https://insights.wlm.com.au/blog/gifts-or-loans-from-related-overseas-entities-under-the-ato-radar)

The ATO is watching out for taxpayers attempting to avoid or evade tax on their foreign assessable income by disguising amounts as gifts or loans from a related overseas entity. This increased ATO attention has come about with the proposed changes..

[Read more](https://insights.wlm.com.au/blog/gifts-or-loans-from-related-overseas-entities-under-the-ato-radar)

<https://insights.wlm.com.au/blog/page/16> [1](https://insights.wlm.com.au/blog/page/1) [...](https://insights.wlm.com.au/blog/page/12) [15](https://insights.wlm.com.au/blog/page/15) [16](https://insights.wlm.com.au/blog/page/16) [17](https://insights.wlm.com.au/blog/page/17) [18](https://insights.wlm.com.au/blog/page/18) [19](https://insights.wlm.com.au/blog/page/19) [...](https://insights.wlm.com.au/blog/page/22) [28](https://insights.wlm.com.au/blog/page/28) <https://insights.wlm.com.au/blog/page/18>

### 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

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###### Contact

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GPO Box 5025, Sydney NSW 2001

**T** [02 9221 7777](tel:292217777)

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- [CLIENTS](https://www.wlm.com.au/clients/) 
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    - [Family Business](https://www.wlm.com.au/clients/family-business/)
    - [Insurance Underwriting, Insurance Brokers & Financial Services](https://www.wlm.com.au/clients/insurance-and-financial-services/)
    - [Renewable Energy Projects & Asset Managers](https://www.wlm.com.au/clients/renewable-energy-and-environment/)
    - [Service-based and Other Business](https://www.wlm.com.au/clients/service-based-and-other-business/)
- [OTHER](http://wlm.com.au/about/) 
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###### [Insights](https://insights.wlm.com.au/blog)

###### Legal Notices

The information contained in the WLM website, has been prepared from a wide variety of sources, which WLM, to the best of its knowledge and belief, considers accurate. 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/).