Archive for the "News" Category
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Connecting with our future accountants, auditors and advisors
Posted on October 5th, 2023 by Jo BaileyLast month we had the pleasure of hosting Tasmanian University Business and Economics Society (TUBES) students for a morning of conversation, presentations and an office tour. It was a great opportunity to share a bit about WLF, including our background, range of services and the foundations that launching a career with WLF can provide.
The morning started with Dean Johnson, a Partner in our Business and Personal Advisory division, and Agnes Gondek, Manager speaking with the group about what their standard work-day entails –highlighting that in fact there isn’t actuall…
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Welcome John and Jackie from S2B
Posted on June 15th, 2023 by Jo BaileyThe Partnership is excited and proud to welcome our new colleagues John Oliver and Jackie Ikin, who have joined our WLF team through a merger with Solutions to Business.
John is a well-known Chartered Accountant who established Solutions to Business (S2B) in November 2000 and has continually been working with and supporting clients across all sectors right around Tasmania. Jackie joined S2B in June 2005 as Senior Accountant and has been instrumental in building and maintaining relationships with clients, while also overseeing the administrative functions of S2B.Both Joh…
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2023 Tax Planning Guide for Business
Posted on May 11th, 2023 by Matthew KiernanWith the end of the financial year fast approaching, it’s a good time to review the strategies you have in place that can ensure you are responsibly minimising your business tax.
We have provided a quick reference guide below to help get you started, and we will be discussing many of these opportunities in further details with our business clients in our end of financial year meetings.
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 h… -
2023 Tax Planning Guide for Individuals and Families
Posted on May 4th, 2023 by Matthew KiernanAs we move closer to 30 June 2023 it’s important to take some time to review what strategies you have in place, or can implement now, to responsibly minimise your tax.
Just imagine what you could do with tax savings: reduce your mortgage, upgrade your car, top up your super, pay your children’s education fees, and more. However, it is important to remember that there is no point in spending money on something to get a tax deduction unless the purchase will result in something useful to you!
HOME OFFICE EXPENSES
If you have been working from home, you may have expens… -
What does the 2023/2024 Federal Budget mean for you?
Posted on May 4th, 2023 by Jo BaileyThe Federal Treasurer, Dr Jim Chalmers, handed down the 2023–24 Federal Budget at 7:30 pm (AEST) on 9 May 2023.
As promised, no changes were announced to the Stage 3 personal income tax cuts legislated to commence in 2023–24.
As part of the measures introduced for small business, a temporary $20,000 threshold for the small business instant asset write-off will apply for one year, following the end of the temporary full expensing rules.
The government aims to lower the tax related administrative burden for small and medium businesses by providing additional fun… -
ESG reporting – what is it, and what do I need to do?
Posted on April 6th, 2023 by Jo BaileyThe scope of good governance is continually evolving, driven by changes and developments in legislation, social norms, the domestic and international economies and more.
Several years ago, following the Royal Commission into the banking and finance sector, it became apparent that boards across Australia needed to be including a focus on organisational culture on their agenda. Now, a handful of years later, many directors would tell you that the idea of not thinking strategically about culture is completely ridiculous!More recently, ESG is becoming a major focus for many…
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Evolving, not changing
Posted on April 6th, 2023 by Jo BaileyOver the past six months we have been undertaking some gradual changes to our internal structure at WLF. We like to think of it as an evolution – we’re adapting things inhouse to make sure we don’t change any of the things that our clients really value and need.
Our WLF team has been joined by Georgina Gillow, who has taken on the new role of Chief Operating Officer for the firm. Georgina is a Chartered Accountant who has worked in senior management roles across a number of sectors including for a large Tasmanian commercial organisation and a local not-for-profit com…
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Danny McCarthy, Marg Marshall and Holly Wiggins recognised at CA ANZ awards
Posted on March 29th, 2023 by Jo BaileyIt was a night of celebration for WLF at the recent Chartered Accountants Australia and New Zealand (CA ANZ) dinner in Hobart, with three of our colleagues receiving awards and recognition.
Partner Marg Marshall was awarded for her 25 years’ service as a Chartered Accountant, recognising the significant contribution she has made, and continues to make, to the profession.
Holly Wiggins was awarded her Chartered Accountant qualification, having recently completed her CA.
The highlight of the evening was the conferral of a Meritorious Service Award, received by Danny McCa…
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Cyber security – hints and tips to protect yourself and your business
Posted on March 29th, 2023 by Jo BaileyWe continue to see reports of national and international cyber-attacks on big businesses, and many of these have impacts on individuals and families around Australia.
The methods used by scammers to target people are continually evolving, so we want to remind you to remain vigilant in protecting yourself, your family and your business from scams or ‘phishing’.
Here are a few useful tips:
Don’t share your password with anyone;
Turn on two-factor or multi-factor authentication where you can, particularly on your email account – this applies for business and personal … -
WLF office hours over Easter
Posted on March 29th, 2023 by Jo BaileyThe WLF Accounting & Advisory office will be closed for the Easter break from 5.15pm on Thursday 6 April 2023.
We will re-open at 8.45am on Tuesday 11 April.
The office will also close on Anzac Day, Tuesday 25 April 2023.
The Partners and team at WLF wish all our valued clients a happy Easter, with plenty of time to relax with family or friends….