---
title: WLM Blog | Business Owners (7)
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.  \n (7)"
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/7#!)**

- [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)
- [Construction](https://insights.wlm.com.au/blog/tag/construction)
- [23/24 Financial Year](https://insights.wlm.com.au/blog/tag/23-24-financial-year)
- [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)
- [26/27 Financial Year](https://insights.wlm.com.au/blog/tag/26-27-financial-year)
- [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)

[![What’s ahead for 2024-25?](https://insights.wlm.com.au/hubfs/What%E2%80%99s%20ahead%20for%202024-25%20.png)](https://insights.wlm.com.au/blog/whats-ahead-for-2024-25)

![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**

 15 July 2024 —  4 min read

### [What’s ahead for 2024-25?](https://insights.wlm.com.au/blog/whats-ahead-for-2024-25)

**Will 2024-25 be another year of volatility or a return to stability?**

[Read more](https://insights.wlm.com.au/blog/whats-ahead-for-2024-25)

[![ATO fires warning shot on trust distributions](https://insights.wlm.com.au/hubfs/ATO%20fires%20warning%20shot%20on%20trust%20distributions.png)](https://insights.wlm.com.au/blog/ato-fires-warning-shot-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**

 11 June 2024 —  3 min read

### [ATO fires warning shot on trust distributions](https://insights.wlm.com.au/blog/ato-fires-warning-shot-on-trust-distributions)

The ATO has warned that it is looking closely at how trusts distribute income and to who.

[Read more](https://insights.wlm.com.au/blog/ato-fires-warning-shot-on-trust-distributions)

[![The essential 30 June 2024 guide - For businesses](https://insights.wlm.com.au/hubfs/The%20essential%2030%20June%202024%20guide%20-%20For%20businesses.png)](https://insights.wlm.com.au/blog/the-essential-30-june-2024-guide-for-businesses)

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

**Amanda Rogers**

 06 June 2024 —  3 min read

### [The essential 30 June 2024 guide - For businesses](https://insights.wlm.com.au/blog/the-essential-30-june-2024-guide-for-businesses)

**The end of the financial year is fast approaching. We outline the areas at risk of increased ATO scrutiny and the opportunities to maximise your deductions.**

[Read more](https://insights.wlm.com.au/blog/the-essential-30-june-2024-guide-for-businesses)

[![FY25 budget guide for business and employers](https://insights.wlm.com.au/hubfs/FY25%20budget%20guide%20for%20business%20and%20employers.png)](https://insights.wlm.com.au/blog/fy25_budget_guide_for_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**

 15 May 2024 —  6 min read

### [FY25 budget guide for business and employers](https://insights.wlm.com.au/blog/fy25_budget_guide_for_business_and_employers)

For business, the Government is picking winners through targeted public investment with its Future Made in Australia Framework that they are betting will pave the way for private investment in net zero transformation and the strengthening of..

[Read more](https://insights.wlm.com.au/blog/fy25_budget_guide_for_business_and_employers)

[![electric car fbt](https://insights.wlm.com.au/hubfs/Electric%20vehicles%20FBT.png)](https://insights.wlm.com.au/blog/electric_vehicles_fbt)

![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**

 19 March 2024 —  3 min read

### [Electric vehicles causing sparks](https://insights.wlm.com.au/blog/electric_vehicles_fbt)

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas regarding electric vehicles that are likely to attract the ATO’s attention.   

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

[![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)

[![stage 3 tax cuts](https://insights.wlm.com.au/hubfs/Stage%203%20personal%20income%20tax%20cuts%20redesigned.png)](https://insights.wlm.com.au/blog/stage_3_tax_cuts_redesigned)

![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 2024 —  5 min read

### [Stage 3 personal income tax cuts redesigned](https://insights.wlm.com.au/blog/stage_3_tax_cuts_redesigned)

**The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government.**

[Read more](https://insights.wlm.com.au/blog/stage_3_tax_cuts_redesigned)

[![top 10 tips for business structuring](https://insights.wlm.com.au/hubfs/Top%2010%20tips%20for%20business%20structuring.png)](https://insights.wlm.com.au/blog/top_10_tips_for_business_structuring)

![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 2024 —  2 min read

### [10 key tips for business structuring](https://insights.wlm.com.au/blog/top_10_tips_for_business_structuring)

Many professionals and businesses look to save tax and minimise risk by setting up companies and family trusts.

Generally, the more complex your structure, the more tax you may save but there are pitfalls in creating overly complex structures.

Here..

[Read more](https://insights.wlm.com.au/blog/top_10_tips_for_business_structuring)

[![key influences of 2024](https://insights.wlm.com.au/hubfs/_The%20key%20influences%20of%202024.png)](https://insights.wlm.com.au/blog/key_influences_of_2024)

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

**Amanda Rogers**

 22 January 2024 —  2 min read

### [The key influences of 2024](https://insights.wlm.com.au/blog/key_influences_of_2024)

Uncertainty has reigned over the last few years, but can we expect more consistency as we head into 2024? We explore some of the key issues and influences.

[Read more](https://insights.wlm.com.au/blog/key_influences_of_2024)

[![Tips for reducing FBT on meal entertainment](https://insights.wlm.com.au/hubfs/Reducing%20FBT%20on%20meal%20entertainment%20business%20expenses.png)](https://insights.wlm.com.au/blog/tips_for_reducing_fbt_on_meal_entertainment)

![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**

 21 November 2023 —  7 min read

### [Tips for reducing FBT on meal entertainment](https://insights.wlm.com.au/blog/tips_for_reducing_fbt_on_meal_entertainment)

FBT for small business is probably the most cumbersome area of tax law. The reason for this is that it requires record keeping above and beyond the numbers reported in the accounting system and relies on staff keeping detailed records every time..

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

<https://insights.wlm.com.au/blog/tag/business-owners/page/6> [1](https://insights.wlm.com.au/blog/tag/business-owners/page/1) [...](https://insights.wlm.com.au/blog/tag/business-owners/page/2) [5](https://insights.wlm.com.au/blog/tag/business-owners/page/5) [6](https://insights.wlm.com.au/blog/tag/business-owners/page/6) [7](https://insights.wlm.com.au/blog/tag/business-owners/page/7) [8](https://insights.wlm.com.au/blog/tag/business-owners/page/8) [9](https://insights.wlm.com.au/blog/tag/business-owners/page/9) [...](https://insights.wlm.com.au/blog/tag/business-owners/page/12) [15](https://insights.wlm.com.au/blog/tag/business-owners/page/15) <https://insights.wlm.com.au/blog/tag/business-owners/page/8>

### 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 (173)](https://insights.wlm.com.au/blog/tag/accounting)
- [Business Owners (146)](https://insights.wlm.com.au/blog/tag/business-owners)
- [Australian Taxation Laws (130)](https://insights.wlm.com.au/blog/tag/australian-taxation-laws)
- [Financial Planning (88)](https://insights.wlm.com.au/blog/tag/financial-planning)
- [Tax Planning (78)](https://insights.wlm.com.au/blog/tag/tax-planning)
- [ATO (60)](https://insights.wlm.com.au/blog/tag/ato)
- [Superannuation (55)](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 (31)](https://insights.wlm.com.au/blog/tag/family-business)
- [25/26 Financial Year (26)](https://insights.wlm.com.au/blog/tag/25-26-financial-year)
- [Self Managed Super Funds (24)](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)
- [Construction (19)](https://insights.wlm.com.au/blog/tag/construction)
- [23/24 Financial Year (18)](https://insights.wlm.com.au/blog/tag/23-24-financial-year)
- [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)
- [26/27 Financial Year (12)](https://insights.wlm.com.au/blog/tag/26-27-financial-year)
- [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)

## 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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- [TAX & COMPLIANCE](https://www.wlm.com.au/services/tax-and-compliance/) 
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    - [International Business](https://www.wlm.com.au/services/strategy-and-advice/international-business/)
    - [Our Trusted Advisor Network](https://www.wlm.com.au/services/strategy-and-advice/trusted-advisor-network/)
- [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 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/).