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More than a blog, this page is where we release our latest market insights, case studies and other timely content. Check back often.

Will the ATO be targeting Professionals and Professional firms?

The ATO updated their guidance on Service entity arrangements in 2019 and now in 2021 have provided a broader risk matrix to determine which professional practices should be reviewed and/or audited. Should Professionals, such as doctors, dentists,..

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Superannuation changes from 1 July 2021

Changes from 1 July 2021 will impact how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation account.

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Professional services firm profits under fire

The Australian Taxation Office (ATO) has been concerned for some time about how many professional services firms are structured – specifically, professional practices such as lawyers, architects, medical practices, engineers, architects etc.,..

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The Pandemic Productivity Gap

A recent article published in the Harvard Business Review by Bain & Co suggests that the pandemic has widened the productivity gap between top performing companies and others.

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Fringe Benefits Tax 2021: Tax & Employee Benefits

Fringe Benefits Tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours changed.

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Introducing WLM's new Associate Director - Charley Tarchichi

Congratulations to Charley Tarchichi for his recent promotion to Associate Director.

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How to sell your business

We’re often asked the best way to sell a business. There are two key components at play in the sale of a business; structuring the transaction and positioning the business to the market. Both elements are important and can significantly impact your..

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The final stage of JobKeeper and how to access it

The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”.

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New insolvency reforms to support small business

The government has made changes to our Insolvency Framework to help more small businesses restructure and survive the economic impact of COVID-19.

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NSW proposes annual property tax as alternative to stamp duty

Article by Alan Burn, Content Specialist, Wolters Kluwer

The last major reform to the revenue balance of NSW state taxes was the 2005 vendor duty on property investors — what, only 15 years ago? Poorly timed and unpopular, the duty impacted..
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