---
title: WLM Blog | ATO (6)
description: "ATO | More than a blog, this page is where we release our latest market insights, case studies and other timely content. Check back often.  \n (6)"
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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    - [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/tag/ato/page/6#!)**

- [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)
- [Self Managed Super Funds](https://insights.wlm.com.au/blog/tag/self-managed-super-funds)
- [Renewable Energy & Environment](https://insights.wlm.com.au/blog/tag/renewable-energy-environment)
- [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)

[![The tax consequences of inheriting cash and assets](https://insights.wlm.com.au/hubfs/The%20tax%20consequences%20of%20inheriting%20cash%20and%20assets.png)](https://insights.wlm.com.au/blog/the-tax-consequences-of-inheriting-cash-and-assets)

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

**Amanda Rogers**

 17 October 2024 —  5 min read

### [The tax consequences of inheriting cash and assets](https://insights.wlm.com.au/blog/the-tax-consequences-of-inheriting-cash-and-assets)

Beyond the difficult task of dividing up your assets and determining who should get what, it’s essential to look at the tax consequences of how your assets will flow through to your beneficiaries. 

[Read more](https://insights.wlm.com.au/blog/the-tax-consequences-of-inheriting-cash-and-assets)

[![Restructurings spike are DPNs the cause?](https://insights.wlm.com.au/hubfs/Restructurings%20spike%20are%20DPNs%20the%20cause.png)](https://insights.wlm.com.au/blog/restructurings-spike-are-dpns-the-cause)

![Andrew Spring](https://insights.wlm.com.au/hs-fs/hubfs/Andrew%20Spring%20Image.png?width=400&height=250&name=Andrew%20Spring%20Image.png)

**Andrew Spring**

 13 September 2024 —  2 min read

### [Restructurings spike: are DPNs the cause?](https://insights.wlm.com.au/blog/restructurings-spike-are-dpns-the-cause)

**Last month we witnessed an interesting phenomenon – around 300 Small Business Restructuring appointments were made in just two days. When you consider the usual number is between 15 and 40 SBR appointments a day, there’s obviously something going on..**

[Read more](https://insights.wlm.com.au/blog/restructurings-spike-are-dpns-the-cause)

[![It wasn’t me: the tax fraud scam](https://insights.wlm.com.au/hubfs/It%20wasn%E2%80%99t%20me%20the%20tax%20fraud%20scam.png)](https://insights.wlm.com.au/blog/it-wasnt-me-the-tax-fraud-scam)

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

**Amanda Rogers**

 12 September 2024 —  6 min read

### [It wasn’t me: the tax fraud scam](https://insights.wlm.com.au/blog/it-wasnt-me-the-tax-fraud-scam)

**You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued. But it wasn’t you. And you certainly didn’t get a $100k refund in your bank account. What happens now?**

[Read more](https://insights.wlm.com.au/blog/it-wasnt-me-the-tax-fraud-scam)

[![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)

[![$20k instant asset write-off passes Parliament](https://insights.wlm.com.au/hubfs/$20k%20instant%20asset%20write-off%20passes%20Parliament-1.png)](https://insights.wlm.com.au/blog/20k_instant_asset_write_off)

![Charley Tarchichi](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0107-1.jpg?width=400&height=250&name=WLM-ingrid-photography--0107-1.jpg)

**Charley Tarchichi**

 15 July 2024 —  1 min read

### [$20k instant asset write-off passes Parliament](https://insights.wlm.com.au/blog/20k_instant_asset_write_off)

Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year passed Parliament just 5 days prior to the end of the financial year.

[Read more](https://insights.wlm.com.au/blog/20k_instant_asset_write_off)

[![Getting back what you put in: Loans to get a business started ](https://insights.wlm.com.au/hubfs/Getting%20back%20what%20you%20put%20in%20%20Loans%20to%20get%20a%20business%20started%20.png)](https://insights.wlm.com.au/blog/loans_to_get_a_business_started)

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

**Amanda Rogers**

 14 March 2024 —  2 min read

### [Getting back what you put in: Loans to get a business started](https://insights.wlm.com.au/blog/loans_to_get_a_business_started)

It’s not uncommon for business owners to pour their money into a business to get it up and running and to sustain it until it can survive on its own. A recent case highlights the dangers of taking money out of a company without carefully considering..

[Read more](https://insights.wlm.com.au/blog/loans_to_get_a_business_started)

<https://insights.wlm.com.au/blog/tag/ato/page/5> [1](https://insights.wlm.com.au/blog/tag/ato/page/1) [...](https://insights.wlm.com.au/blog/tag/ato/page/1) [2](https://insights.wlm.com.au/blog/tag/ato/page/2) [3](https://insights.wlm.com.au/blog/tag/ato/page/3) [4](https://insights.wlm.com.au/blog/tag/ato/page/4) [5](https://insights.wlm.com.au/blog/tag/ato/page/5) [6](https://insights.wlm.com.au/blog/tag/ato/page/6)

### 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 (169)](https://insights.wlm.com.au/blog/tag/accounting)
- [Business Owners (143)](https://insights.wlm.com.au/blog/tag/business-owners)
- [Australian Taxation Laws (126)](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 (56)](https://insights.wlm.com.au/blog/tag/ato)
- [Superannuation (54)](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 (25)](https://insights.wlm.com.au/blog/tag/25-26-financial-year)
- [Self Managed Super Funds (23)](https://insights.wlm.com.au/blog/tag/self-managed-super-funds)
- [Renewable Energy & Environment (20)](https://insights.wlm.com.au/blog/tag/renewable-energy-environment)
- [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 (8)](https://insights.wlm.com.au/blog/tag/26-27-financial-year)

## Subscribe

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- [CLIENTS](https://www.wlm.com.au/clients/) 
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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/).