--- title: WLM Blog | Business Owners description: Business Owners | More than a blog, this page is where we release our latest market insights, case studies and other timely content. Check back often.   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/) - [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/) [Login](https://clientlogin-us2.karbonhq.com/4Frhz6cPZq6r) - [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/business-owners/page/1#!)** - [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) [![High Court Brings Greater Clarity on Trust Distributions](https://insights.wlm.com.au/hubfs/High%20Court%20Brings%20Greater%20Clarity%20on%20Trust%20Distributions.png)](https://insights.wlm.com.au/blog/high-court-brings-greater-clarity-on-trust-distributions) ![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg) **Amanda Rogers** 13 August 2026 — 4 min read ### [High Court Brings Greater Clarity on Trust Distributions](https://insights.wlm.com.au/blog/high-court-brings-greater-clarity-on-trust-distributions) The High Court has recently handed down an important decision that will impact many private business groups using discretionary trusts and corporate beneficiaries. [Read more](https://insights.wlm.com.au/blog/high-court-brings-greater-clarity-on-trust-distributions) [![Navigating the 2026–27 business car tax thresholds](https://insights.wlm.com.au/hubfs/Navigating%20the%202026%E2%80%9327%20Car%20Thresholds%20(1).png)](https://insights.wlm.com.au/blog/navigating-the-2026-27-car-thresholds) ![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** 13 August 2026 — 4 min read ### [Navigating the 2026–27 business car tax thresholds](https://insights.wlm.com.au/blog/navigating-the-2026-27-car-thresholds) If you're thinking about purchasing or leasing a vehicle for your business in the new financial year, it's worth understanding the updated car thresholds that apply from 1 July 2026. [Read more](https://insights.wlm.com.au/blog/navigating-the-2026-27-car-thresholds) [![New AML rules for accountants - what this means for you](https://insights.wlm.com.au/hubfs/New%20AML%20rules%20for%20accountants%20-%20what%20this%20means%20for%20you.png)](https://insights.wlm.com.au/blog/new-aml-rules-for-accountants-what-this-means-for-you) ![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg) **Amanda Rogers** 16 July 2026 — 2 min read ### [New AML rules for accountants - what this means for you](https://insights.wlm.com.au/blog/new-aml-rules-for-accountants-what-this-means-for-you) From 1 July 2026, accounting firms join banks and other financial institutions under Australia’s anti-money laundering (AML) regime. Here’s what’s changing and what it means for you. [Read more](https://insights.wlm.com.au/blog/new-aml-rules-for-accountants-what-this-means-for-you) [![ATO Targets Personal Services Income: Is Your Business at Risk?](https://insights.wlm.com.au/hubfs/ATO%20Cracks%20Down%20on%20Personal%20Services%20Income%20Arrangements%20Is%20Your%20Business%20at%20Risk.png)](https://insights.wlm.com.au/blog/ato-targets-personal-services-income-is-your-business-at-risk) ![James Coles](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0292-1.jpg?width=400&height=250&name=WLM-ingrid-photography--0292-1.jpg) **James Coles** 16 July 2026 — 3 min read ### [ATO Targets Personal Services Income: Is Your Business at Risk?](https://insights.wlm.com.au/blog/ato-targets-personal-services-income-is-your-business-at-risk) The ATO is sharpening its focus on how taxpayers generating income from personal services deal with that income for tax purposes. In a recent [Spotlight bulletin](https://www.ato.gov.au/businesses-and-organisations/business-bulletins-newsroom/spotlight-on-personal-services-income-compliance-focus), Small Business Assistant Commissioner Tony Poulakis highlighted the release of.. [Read more](https://insights.wlm.com.au/blog/ato-targets-personal-services-income-is-your-business-at-risk) [![Updates to Budget Measures and New Developments](https://insights.wlm.com.au/hubfs/Updates%20to%20Budget%20Measures%20and%20New%20Developments.png)](https://insights.wlm.com.au/blog/updates-to-budget-measures-and-new-developments) ![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** 16 July 2026 — 2 min read ### [Updates to Budget Measures and New Developments](https://insights.wlm.com.au/blog/updates-to-budget-measures-and-new-developments) Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12 May 2026 there has been a significant amount of commentary on some of the more controversial proposals, including the decision to replace the CGT discount with an indexation.. [Read more](https://insights.wlm.com.au/blog/updates-to-budget-measures-and-new-developments) [![](https://insights.wlm.com.au/hubfs/Super%20on%20Payday-1.png)](https://insights.wlm.com.au/blog/super-on-payday-fundamental-changes-for-your-business) ![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg) **Amanda Rogers** 15 June 2026 — 6 min read ### [Super on Payday: Fundamental Changes for your business](https://insights.wlm.com.au/blog/super-on-payday-fundamental-changes-for-your-business) If you run a business, you already know the juggling act that comes with managing cash flow, paying staff and meeting superannuation guarantee and payroll compliance obligations. From 1 July 2026, there is a major change coming that will reshape how.. [Read more](https://insights.wlm.com.au/blog/super-on-payday-fundamental-changes-for-your-business) [![Key 2026–27 Federal Budget tax reforms: What they mean for you](https://insights.wlm.com.au/hubfs/Key%202026%E2%80%9327%20Federal%20Budget%20tax%20reforms%20What%20they%20mean%20for%20you.png)](https://insights.wlm.com.au/blog/2026-27-federal-budget-tax-reforms-what-they-mean-for-you) ![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 June 2026 — 7 min read ### [Key 2026-27 Federal Budget tax reforms: What they mean for you](https://insights.wlm.com.au/blog/2026-27-federal-budget-tax-reforms-what-they-mean-for-you) The 2026-27 Federal Budget, released on 12 May 2026, has received more attention than most budgets in recent years. [Read more](https://insights.wlm.com.au/blog/2026-27-federal-budget-tax-reforms-what-they-mean-for-you) [![Government to wind back electric vehicle FBT exemption in three stages](https://insights.wlm.com.au/hubfs/Government%20to%20wind%20back%20electric%20vehicle%20FBT%20exemption%20in%20three%20stages.png)](https://insights.wlm.com.au/blog/government-to-wind-back-electric-vehicle-fbt-exemption-in-three-stages) ![James Coles](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0292-1.jpg?width=400&height=250&name=WLM-ingrid-photography--0292-1.jpg) **James Coles** 15 June 2026 — 3 min read ### [Government to wind back electric vehicle FBT exemption in three stages](https://insights.wlm.com.au/blog/government-to-wind-back-electric-vehicle-fbt-exemption-in-three-stages) The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), following recommendations from the Statutory Review of the Electric Car Discount released in May 2026. While the policy.. [Read more](https://insights.wlm.com.au/blog/government-to-wind-back-electric-vehicle-fbt-exemption-in-three-stages) [![Federal Budget 2026 - Business and employers](https://insights.wlm.com.au/hubfs/What%20the%20New%20Div%20296%20Tax%20Means%20for%20Large%20Super%20Balances.png)](https://insights.wlm.com.au/blog/federal-budget-2026-business-and-employers) ![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg) **Amanda Rogers** 13 May 2026 — 5 min read ### [Federal Budget 2026 - Business and employers](https://insights.wlm.com.au/blog/federal-budget-2026-business-and-employers) The 2026 Federal Budget introduces a number of important tax and business measures that employers, business owners and advisers should have on their radar. From the permanent increase to the instant asset write-off threshold to changes affecting.. [Read more](https://insights.wlm.com.au/blog/federal-budget-2026-business-and-employers) [![Federal Budget 2026 - Investors](https://insights.wlm.com.au/hubfs/EOFY%20Tax%20Planning-1.png)](https://insights.wlm.com.au/blog/federal-budget-2026-investors) ![James Coles](https://insights.wlm.com.au/hs-fs/hubfs/WLM-ingrid-photography--0292-1.jpg?width=400&height=250&name=WLM-ingrid-photography--0292-1.jpg) **James Coles** 13 May 2026 — 5 min read ### [Federal Budget 2026 - Investors](https://insights.wlm.com.au/blog/federal-budget-2026-investors) The 2026 Federal Budget introduces a range of significant tax changes that could reshape investment strategies, asset structures and long-term planning for Australian investors. From proposed limits on negative gearing and major capital gains tax.. [Read more](https://insights.wlm.com.au/blog/federal-budget-2026-investors) [1](https://insights.wlm.com.au/blog/tag/business-owners/page/1) [2](https://insights.wlm.com.au/blog/tag/business-owners/page/2) [3](https://insights.wlm.com.au/blog/tag/business-owners/page/3) [4](https://insights.wlm.com.au/blog/tag/business-owners/page/4) [5](https://insights.wlm.com.au/blog/tag/business-owners/page/5) [...](https://insights.wlm.com.au/blog/tag/business-owners/page/6) [15](https://insights.wlm.com.au/blog/tag/business-owners/page/15) ### 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 Stay up to date with tax and accounting news, and subscribe to our newsletter. 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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/).