News

Archive for the "News" Category

  • Congratulations Nathan, Top of Tasmania

    Posted on July 27th, 2022 by WLF

    The Partnership is extremely proud to congratulate Nathan Percey on receiving two awards from Chartered Accountants Australia and New Zealand (CAANZ) earlier this month.
    As a CA firm, all WLF accountants undertake the CA qualification after completing their university degree. The program consists of nine subjects in conjunction with three years of Mentored Practical Experience, providing a comprehensive professional learning qualification.  
    Nathan was formally recognised by CAANZ for achieving the highest mark in Tasmania for two subjects: Tax (94%) and Fina…

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  • Celebrating and recognising our team

    Posted on July 6th, 2022 by WLF

    For more than 130 years WLF has been supporting Tasmanian businesses and families, helping them plan for success and achieve their financial goals. This longevity can be directly attributed to our people, who continually deliver excellent service and provide advice and solutions for our clients.
    The Partnership is delighted to announce that eight of our WLF team members were recognised with promotions at the start of this month, in an acknowledgement of their ongoing contribution to the firm.
    Holly Wiggins and Agnes Gondek were promoted to Advisor, and Jay Bowden was promo…

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  • Helping empower Tasmanian women with our Friday Fundraising

    Posted on July 6th, 2022 by WLF

    Dress for Success Hobart was the focus of our most recent Friday Fundraising campaign, and we were delighted to welcome CEO Amanda French to our office to receive the large $1000 cheque, which was handed over by WLF Partner (and recent Dress for Success donor) Marg Marshall.
    An affiliate of Dress for Success Worldwide, Dress for Success Hobart is all about empowering Tasmanian women to achieve economic independence through a range of support services.
    If you’re a regular Facebook ‘scroller’ you’ve probably seen the interview and employment styling service offered by Dr…

    Posted in News
  • Chase McConnon

    Welcome Chase McConnon to the WLF Partnership

    Posted on June 29th, 2022 by WLF

    We are delighted to announce that Chase McConnon has joined the WLF Accounting & Advisory Partnership,  effective 1 July 2022.
    As someone who has been actively involved in team sports for most of this life – including as a player, an official and in club governance – Chase is someone with a natural ability to lead and inspire teams. He is a firm believer that contributing to team success is the best type of reward, and this is an approach he applies throughout his professional career as well. 
    Chase joined WLF in 2009, following graduation from the University of Tasm…

    Posted in News
  • Superannuation changes from 1 July – what do you need to know?

    Posted on June 28th, 2022 by Jay Bowden

    There are two important changes that come into effect this Friday, 1 July 2022, regarding payment of employees superannuation. These changes will impact on all businesses paying superannuation to staff.The following provides an overview of the changes, as well as the actions you will need to take within your organisation. 
     
    Removal of $450 minimum threshold for Superannuation Guarantee
    As part of the bill passed by the Federal Government (Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021) on…

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  • 2022 Tax Planning Guide for Individuals and Families

    Posted on June 5th, 2022 by WLF

    Now’s the time to review what strategies you can use to minimise your tax before 30 June 2022.
     
    SUPERANNUATION CONTRIBUTIONS
    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.
     
    DEDUCTIBLE SUPER CAP OF $27,500 FOR EVERYONE
    The tax-deductible super contribution limit (or “cap”) is $27,500 for all individuals under age 75. Individuals need to pass a work test if over age 67.
    To save tax, cons…

    Posted in News
  • 2022 Tax Planning Guide for Business

    Posted on June 5th, 2022 by WLF

    Here’s a guide to the strategies you can use to minimise your business tax.
    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 than $10 million and be operating a business for all or part of the 2022 year.
     
    REDUCTION IN COMPANY TAX RATES
    The 2022 company tax rate for businesses with less than $50 million turnover…

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  • Extended family hiking towards lake

    What does the 2022/2023 Federal Budget mean for you?

    Posted on March 29th, 2022 by WLF

    Last night’s budget was a cautious budget. Amid a backdrop of almost full employment, natural disasters, the war in Ukraine and the ongoing COVID-19 pandemic, the Treasurer has focussed on Australia’s strong economy and emphasised the need for temporary measures to assist with cost-of-living pressures. Many of the announcements in the budget are adjustments or extensions to existing measures.  

    We are pleased to provide you with this brief summary of the main impacts for you, and as always, welcome your questions to our team.

     Individuals

    The low…

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  • WLF presenting cheque to IIT and BCT

    Helping to make inclusion mainstream

    Posted on March 25th, 2022 by Jo Bailey

    We were delighted to welcome Inclusive Innovations Tasmania and Blind Cricket Tasmania to our office this week to hand over a $1000 donation from our Fundraising Friday program.
    WLF Partner Paul Lyons was joined by Phillip ‘Sunny’ Drury, CEO of Inclusive Innovations Tasmania (IIT), Vaughn Bennison, Ambassador for Blind Cricket Tasmania and Ross Copping, Chair of IIT for a chat about the how the donation will assist.
    IIT was established in Hobart in 2020, and WLF is very proud to have been working with them from the start. 
    “IIT’s vision to develop an inclusive cul…

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  • Take me to your board – NFP podcast series

    Posted on March 21st, 2022 by WLF

    If you’re involved with governance for a Not-for-Profit entity, either as a Board Director or an Executive, we highly recommend you listen to the ‘Take Me To Your Board’ podcast series from TasCOSS.
    Our team at WLF has had the privilege of working with TasCOSS for many years and are strong supporters of their vision for a Tasmania free of inequality and poverty.  As such, we were very proud to have WLF Partner Alicia Leis feature in one of the ‘Take me to your board’ podcasts, where she joins Bridget and Cameron to talk about Risk Management.
    Tune into Series 1,…

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