News

Archive for the "News" Category

  • Federal Budget Update presentations

    Posted on May 17th, 2017 by WLF

    Our Federal Budget Update, presented in collaboration with UNICA Wealth, was held on Wednesday 10 May and it was a great opportunity to catch up with valued clients, share some expert commentary on the budget announcements and finish the day with some refreshments and a chat.

    For those unable to attend, the presentations from WLF Partner Marg Marshall and UNICA Wealth Managing Director Dominic Mulcahy are now available to watch below:

    As we mentioned on the day, the Q&A session was not recorded to ensure clients felt free to ask questions relating to their per…

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  • WLF joins Australia’s Biggest Morning Tea

    Posted on May 17th, 2017 by WLF

    Our team took a quick break from their desks today to join in Australia’s Biggest Morning Tea, and raise funds for cancer research, support services, prevention programs, and advocacy.

    Thanks to all our colleagues who took time to do some baking, came along for a chat, and help raised money for such a great cause.

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  • EY Financial Reporting Update & Surviving the New Paradigm for NFPs – presentations available

    Posted on May 17th, 2017 by WLF

    Our annual EY Financial Reporting Update was held at The Stables on Tuesday 2 May, and we were delighted to welcome Chantelle Duffy and Georgina Dellaportas from EY to share their expertise on key issues across accounting standards, corporate governance and financial reporting. Chantelle and Georgina have kindly made their presentation available for any of our valued clients who were unable to attend on the day. Click here to view.

    The EY seminar was followed by an afternoon dedicated to the not for profit sector, where we welcomed valued clients and visitors from within…

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  • What the 2017 Federal Budget means for you

    Posted on May 10th, 2017 by WLF

    Treasurer Morrison brought down his second budget last night. The measures propose to bring the budget to surplus by 2020-21. We are pleased to present you with some highlights that will impact you, our valued clients.

    The $20,000 asset write-off for small business has been extended for one year however there are otherwise limited changes impacting small businesses and no news on tax reform. A crack down on the deductions available for rental property owners is offset somewhat by an increase in the CGT discount for investment in qualifying affordable housing.

    The high…

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  • 2017 Business Tax Planning Guide

    Posted on May 5th, 2017 by WLF

    Here’s a guide to the strategies you can use to minimise your business tax.
    Imagine what you could do with tax saved?

    Reduce your home loan
    Top up your super
    Have a holiday
    Deposit for an Investment Property
    Upgrade your Car

     

    1.  IS YOUR BUSINESS A “SMALL BUSINESS ENTITY”?

    Small businesses can access a range of tax concessions from the ATO. To qualify as a “Small Business Entity”, the business must have an aggregated turnover (your annual turnover plus the annual turnover of any business connected / affiliated with you) of less th…

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  • 2017 Personal & Families Tax Planning Guide

    Posted on May 5th, 2017 by WLF

    The biggest super and tax changes in the last 10 years will affect you in 2017 and 2018. Now’s the time to review what strategies you can use to minimise your tax before 30 June 2017.
     
    Key Superannuation Changes
    While you might not be flush with cash now and able to put large amounts into superannuation, it’s important that you are aware of what is possible to maximise your super balance and possibly reduce your tax at the same time.

     

    1. LOWERING OF CONCESSIONAL CONTRIBUTION CAP TO $25,000 FROM 1 JULY 2017

    The concessional (tax deductible) super co…

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  • Federal Budget Update – Presented by WLF & UNICA Wealth

    Posted on April 26th, 2017 by WLF

    Every year our Specialist Tax Advisory team work throughout federal budget night to compile an overview of the key points brought down in the budget, and how they will affect our valued clients.

    This year we are also inviting our valued clients to join us in person for an update on the budget, including expert commentary a Q&A session and a relaxing glass of wine. 

    WLF Partner Marg Marshall will share her thoughts and commentary on the budget for the year ahead, in particular the impact on tax for individuals and businesses.

    Marg will be joined by Dominic M…

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  • The growth & success of award winning Redlands Distillery

    Posted on April 11th, 2017 by WLF

    It’s fair to say the team at Redlands Distillery feel like they are growing and finding new surprises every day. Since establishing the business on 30 March 2012 they’ve moved locations, sought equity funding to expand operations and acquire new distilling equipment and even changed their name!

    Yet despite a busy start this young business is well and truly making its mark in the Tasmanian Whiskey industry.

    The team at Redlands Distillery have embraced the challenges and changes that come with setting up a business. Emma Alessandrini, one of the original employees …

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  • The benefits of internal auditing – a client’s perspective

    Posted on April 11th, 2017 by WLF

    Risk management is becoming increasingly critical to organisations as they navigate the complexities of strategy, performance and compliance. Boards and executive teams have never been more aware of the need to identify and prioritize risks, as well as implement control mechanisms to mitigate against possible problems and issues that can impact on business goals.

    An ideal way to ensure your organisation is effectively managing risk is through an internal audit. This provides an independent review and assessment of an organisation’s business operations in terms of risk …

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  • New WLF team members: David Garnsey, Emily Rooke, Emma Turner, Monica Orrego, Max Heerey, Shaun Gray

    Continuing to grow the local industry

    Posted on April 11th, 2017 by WLF

    February 2017 saw some desk juggling in the office with five new accountants and a bookkeeper joining the firm. Five came to us through our Graduate Accountant Program.

    We have also recently held applications for our 2018 Graduate Program and received some very high calibre applications from students in the final year of their Accounting degree.

    “All the Partners are proud that we can continue to grow the WLF team, and provide opportunities for the finest Accounting graduates coming through UTAS” says Joanne Doyle, Partner and Chair of our Human Resources Group….

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