---
title: WLM Blog | Tax Planning (6)
description: "Tax Planning | 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
---

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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/)
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- [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)
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# 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/tax-planning/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)

[![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)

[![Why a Partition Arrangement is so important when deciding to buy land and subdivide](https://insights.wlm.com.au/hubfs/Why%20a%20Partition%20Arrangement%20is%20so%20important%20when%20deciding%20to%20buy%20land%20and%20subdivide%20.png)](https://insights.wlm.com.au/blog/why-you-need-a-partition-arrangement-when-buying-land-to-subdivide)

![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**

 29 August 2024 —  2 min read

### [Why you need a Partition Arrangement when buying land to subdivide](https://insights.wlm.com.au/blog/why-you-need-a-partition-arrangement-when-buying-land-to-subdivide)

Are you in the process of purchasing a piece of land with someone and have the intention of developing the land and subdividing it? Well, here’s what you need to know to avoid an unnecessary tax along the way.

[Read more](https://insights.wlm.com.au/blog/why-you-need-a-partition-arrangement-when-buying-land-to-subdivide)

[![Divorce, you, and your business](https://insights.wlm.com.au/hubfs/Divorce%2c%20you%2c%20and%20your%20business.png)](https://insights.wlm.com.au/blog/divorce-you-and-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**

 19 August 2024 —  2 min read

### [Divorce, you, and your business](https://insights.wlm.com.au/blog/divorce-you-and-your-business)

**Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved.**

[Read more](https://insights.wlm.com.au/blog/divorce-you-and-your-business)

[![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)

[![fy25 budget for individuals and families](https://insights.wlm.com.au/hubfs/FY25%20budget%20guide%20for%20individuals%20and%20families.png)](https://insights.wlm.com.au/blog/fy25_budget_guide_for_individuals_and_families)

![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 —  10 min read

### [FY25 budget guide for individuals and families](https://insights.wlm.com.au/blog/fy25_budget_guide_for_individuals_and_families)

The FY25 budget puts focus on easing the cost of living pressures for individuals and families. In this article we outline the key changes and what this will mean for you.

[Read more](https://insights.wlm.com.au/blog/fy25_budget_guide_for_individuals_and_families)

[![2024 Minimise your personal Tax](https://insights.wlm.com.au/hubfs/MINIMISE%20YOUR%20PERSONAL%20TAX.png)](https://insights.wlm.com.au/blog/minimise-your-personal-tax-2024-tax-planning-guide-0)

![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**

 10 April 2024 —  7 min read

### [Minimise your personal tax: 2024 tax planning guide](https://insights.wlm.com.au/blog/minimise-your-personal-tax-2024-tax-planning-guide-0)

Now's the time to review what strategies you can use to minimise your tax before 30 June 2024. 

[Read more](https://insights.wlm.com.au/blog/minimise-your-personal-tax-2024-tax-planning-guide-0)

[![Guide to Business Tax Planning 2024](https://insights.wlm.com.au/hubfs/2024%20Business%20Tax%20Planning%20Guide.png)](https://insights.wlm.com.au/blog/2024_business_tax_planning_guide)

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

**Amanda Rogers**

 09 April 2024 —  8 min read

### [Guide to Business Tax Planning 2024](https://insights.wlm.com.au/blog/2024_business_tax_planning_guide)

Imagine what you could do with tax saved? 

[Read more](https://insights.wlm.com.au/blog/2024_business_tax_planning_guide)

[![](https://insights.wlm.com.au/hubfs/iStock-1164533893-1-1.jpeg)](https://insights.wlm.com.au/blog/20k-deduction-for-electrifying-your-business)

![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**

 30 October 2023 —  3 min read

### [$20k deduction for ‘electrifying’ your business](https://insights.wlm.com.au/blog/20k-deduction-for-electrifying-your-business)

Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction!

[Read more](https://insights.wlm.com.au/blog/20k-deduction-for-electrifying-your-business)

<https://insights.wlm.com.au/blog/tag/tax-planning/page/5> [1](https://insights.wlm.com.au/blog/tag/tax-planning/page/1) [...](https://insights.wlm.com.au/blog/tag/tax-planning/page/1) [4](https://insights.wlm.com.au/blog/tag/tax-planning/page/4) [5](https://insights.wlm.com.au/blog/tag/tax-planning/page/5) [6](https://insights.wlm.com.au/blog/tag/tax-planning/page/6) [7](https://insights.wlm.com.au/blog/tag/tax-planning/page/7) [8](https://insights.wlm.com.au/blog/tag/tax-planning/page/8) <https://insights.wlm.com.au/blog/tag/tax-planning/page/7>

### 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)

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