There are many ways in which taxpayers can save tax by deferring income, maximising deductions and taking advantage of other tax planning initiatives to manage their taxable incomes. But the key is to start early, no later than early May. Of course, those undertaking tax planning should be aware of the potential application of anti-avoidance provisions. 

Last year’s tough budget has been followed up with a budget aimed squarely at growing the economy. According to Federal Treasurer Joe Hockey, this is a “responsible, measured and fair” budget with generous tax cuts for small business and a range of youth unemployment and infrastructure spending initiatives designed to stimulate growth.

Wednesday, May 13, 2015

Xero, awarded the “most innovative growth company in the world” by Forbes, is a simple and smart online business and accounting software which provides fast online invoicing and real time cash flow view.

WLM is pleased to announce that Amanda Rogers, FCPA, has joined us as an Associate Director. Amanda brings to WLM extensive experience across a broad range of small to medium business from medical to restaurants, share traders, wholesalers, importers, primary production, whiskey distillery, architecture, media & journalism, real estate, dentists, machine shop and IT to name a few. She works with clients to bring business improvement across tax, strategy, human resources, process efficiencies and marketing.

With official cash rates at rock bottom, now is the time to get ahead with your home loan.

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, effective 6 May 2015.