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.

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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Single Touch Payroll from 1 July 2019

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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Management reporting guides new strategies at not-for-profit

The directors of an established not-for-profit organisation came to WLM Financial concerned that they weren’t getting coherent reports and information, and as a result couldn’t make strategic decisions. 

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Medical practice back on track after being stung by payroll tax audit

A general medical practice needed us to review their contractual arrangements following a laborious payroll tax audit. Unfortunately, the NSW Office of State Revenue (OSR) had earlier determined that all doctors working on a service fee arrangement..

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The challenges of the hospitality sector and how WLM can help

As well as the medical sector and insurance, WLM Financial has particular experience in food and hospitality. This sector is marked by having more invoices than any other, and a challenging rostering system whereby multiple staff could be working on..

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The serious complexities of setting up an overseas-based insurance firm

Why should you consider WLM Accounting over the Big4 for setting up your insurance underwriting company in Australia?

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How a Sydney medical practice flourished after doing the numbers

We have much expertise working with health and medical practitioners, one being a successful physiotherapy practice in Sydney’s eastern suburbs. The owners were keen to expand and had the opportunity to lease a second premises next door. First,..

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"First holiday in years” – Digitising a family business delivers lifestyle windfall

In this case study we explore how implementing the right systems to streamline and automate their manual processes created much needed capacity for these family business owners, allowing them to take a well earned holiday!

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Over the line: Rectifying a complex property transaction

Our client, a successful business owner, had purchased a property to knock down and redevelop as a new family home, intending to sell the current family home once the development was complete. She contacted us to arrange the finance, as we’d..

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Last-hour financial planning in terminal illness

Planning bright futures together with clients is something we genuinely enjoy. However, in some very unfortunate cases, we know from the outset that the work is intended to bring closure to their affairs. 

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