Unlock Funding for Your Business with Recycle Rewards Grants

The Recycle Rewards initiative is here for small Tasmanian beverage producers, and with it comes an opportunity to secure funding that can help your business transition smoothly into Tasmania’s new container refund scheme.

The Small Producer Assistance Grants provide financial support for administrative costs related to container approvals, barcodes, and label updates/printing. With up to $1,000 (excluding GST) available per business, this grant can ease the burden of compliance and ensure your products are ready for the new refund system.

Applications are open now…

Celebrating Inclusion Through Workplace Giving

We’re proud to share a special moment from our workplace giving program — a meaningful meeting with Sunny from Inclusive Innovations Tasmania, an organisation dedicated to making inclusion mainstream across Tasmania.

Inclusive Innovations Tasmania is promoting innovation through human-centred solutions that empower people living with disability, disadvantage, or disruption. Their work spans inclusive sports, creative recognition, accessible technologies, and more — all designed to build a stronger, more inclusive community.

We had the pleasure of connecting …

WLF joins Committee for Greater Hobart

WLF Accounting & Advisory is now a proud Corporate member of the Committee for Greater Hobart.

We are committed to contributing to the growth and development of our beautiful city. By joining this committee, we aim to collaborate with other local leaders to drive positive change and create a brighter future for Hobart.Stay tuned for updates on how we are working to make a difference in our community. Together, we can achieve great things! 

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Changes Ahead: Payday Super is Coming!

 
Starting 1 July 2026, Australian businesses will experience a significant shift in how they manage their employees’ superannuation guarantee obligations.
The new Payday Super system will require employers to deposit superannuation payments guarantees within seven days of each payday, replacing the current quarterly contribution schedule.  
 
 
This change is designed to benefit employees by ensuring their super contributions are more promptly deposited. However, it also introduces new operational and financial considerations for businesses.   
What is Payday …

Navigating the Journey to Your First Home:

 
 
 
 
 
 
 
 
James Day, Manager within our Business & Personal Advisory division, recently presented at a Bendigo Bank first home buyer evening with tax tips for those purchasing their first home.  James spoke about some useful tips from an income tax perspective, which are summarised below.
Understanding Capital Gains Tax (CGT)
For many first-time homebuyers, their first home is also their first major Capital Gains Tax (CGT) asset that they will own. CGT is the income tax payable on the capital growth of assets when yo…

What does the 2025-26 Federal Budget mean for you?

The Federal Treasurer, Dr Jim Chalmers, delivered the 2025–26 Federal Budget at 7:30 pm (AEDT) on 25 March 2025.  
Guided by five main priorities, including tackling the cost-of-living crisis, boosting housing supply, and investing in education, the Budget introduces new personal tax cuts for all Australian taxpayers, raises Medicare levy thresholds, bans foreign individuals from buying existing homes, and proposes a reduction in student debts. 
 
 
With the next federal election looming, several previously announced tax measures have been postponed. The Treasure…

It pays to use the correct bank account

It’s been said many times – payroll is a complicated beast. Keeping up with all the various regulatory requirements including awards, Fair Work requirements, ATO obligations, superannuation, workers compensation (the list is long) is a full-time job for many employers.
What if you’re doing all of that, but somehow still falling foul of the rules?  A single misstep can be deadly. The complex rules for payroll and taxation hide many traps, and one false move could bring everything crashing down which is exactly what happened for one business earlier this year resultin…

Upcoming Changes to Fringe Benefits Tax for Plug-In Hybrid Electric Vehicles

As we approach April 1, 2025, significant changes to the Fringe Benefits Tax (FBT) exemptions for plug-in hybrid electric vehicles (PHEVs) are set to take effect. At WLF, we are dedicated to keeping you informed and prepared for these updates. Here’s what you need to know to stay ahead and make the most of your vehicle benefits. 
Key Changes to FBT Exemptions 
Starting April 1, 2025, PHEVs will no longer qualify for the FBT exemption under the Electric Car Discount scheme. This change means that while battery electric vehicles (BEVs) will continue to enjoy FBT …

Fabian Natoli Honoured with Spirit of WLF Award 2024

WLF Accounting & Advisory is proud to announce that Fabian Natoli has been awarded the prestigious Spirit of WLF Award for 2024. This accolade recognizes Fabian’s exceptional dedication, mentorship, and positive impact on both our team and clients.
Fabian exemplifies the core values and culture that define WLF. His outstanding work ethic ensures client satisfaction and team success, while his proactive approach to client development has brought in new clients and generated strong fees. As a mentor, Fabian is always ready to lend his time and expertise, helping …

Spreading Some Christmas Joy with Home Base Tasmania🎄

As the festive season approaches, our team at WLF is delighted to share the joy of giving through our annual giving drive this year we collaborated with Home Base Tasmania. This year, our efforts have been focused on collecting toys for their annual Christmas day lunch.
To celebrate this initiative, we hosted a heartwarming morning tea attended by Home Base Tasmania’s Angela Abbott, COO, and Monique Langridge, Finance Manager. It was a wonderful opportunity to reflect on the impact of our contributions and the difference these toys will make in the lives of many children …