Recent indications from the ATO and Government regarding Division 296 reflect a meaningful recalibration from the original draft framework. Walsh Accountants welcomes certain key pivots, while noting that the revised measures continue to present intricate challenges and planning opportunities for high-balance superannuation clients. Division 296 – Notable Improvements and Strategic Opportunities No tax on unrealised gains In […]
READ MORESMSF Checklist: 6 Key Steps for the 2025-26 Financial Year
The beginning of a new financial year in July is the perfect time for trustees of a self-managed super fund (SMSF) to review, plan, and set the stage for success. Proactive administration now can save you significant time and ensure you remain compliant and are maximising your strategy. Here are six key checklist items from […]
READ MOREWalsh Accountants Know Your Numbers Masterclass 2025
Empowering Women in Business: Highlights from the 2025 Know Your Numbers Masterclass On Wednesday 14th May, we proudly hosted the second annual Know Your Numbers Masterclass—an event designed to give women in business the financial tools and insights they need to make confident, informed decisions. Delivered in partnership with the Gold Coast Women in Business […]
READ MOREWalsh Accountants Now Participating in Synergy Boards
Strategic Guidance. Local Support. Backed by Walsh Accountants. Now participating in Synergy Boards. At Walsh Accountants, we are delighted to announce our involvement with Synergy Boards – a local peer-to-peer advisory board network designed specifically for business owners. This initiative creates a powerful space where growth-minded founders come together monthly to share insights, tackle challenges, […]
READ MOREATO Update: Structuring Tax Affairs in Professional Services Firms
You need to make sure you are not in their RED zone before 30 June 2025. The ATO has updated its approach to assessing tax compliance for professional service firms, focusing on income redirection and profit allocation to associated entities. Their concern is that some firms use complex structures to significantly reduce tax liabilities without […]
READ MOREEssential Tax Planning Strategies for Business Owner’s and Non-Business Entities
As the 30th June deadline fast approaches, we’re pleased to share the latest edition of our tax planning resources — carefully tailored for both business owners and non-business entities. Below, you’ll find downloadable guides outlining our top tips to help reduce your tax liability for the 2025/2026 financial year. These essential resources are designed to […]
READ MOREWhen Overseas Workers Are Considered Australian Employees
The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer. You may be curious how a foreign national living in the Philippines, who had an ‘independent contractors’ agreement with an Australian company, could be classified as an Australian employee by the Fair Work Commission? […]
READ MOREStrategies to Ensure Prompt Payment Over the Holiday Season
Although you may hate to admit it, the holiday season is almost upon us. Depending on the industry that you are operate in, the holiday season may either present you with a range of advantages, or challenges (or both!). Businesses often encounter unique cash flow challenges over the holiday period due to the seasonal nature […]
READ MOREHow to Address Insufficient Net Tangible Assets for QBCC License Holders
As a QBCC (Queensland Building and Construction Commission) license holder, understanding the concept of tangible assets and how they impact your ability to meet financial requirements is crucial to maintaining your license and ensuring your business’s financial stability. This article, written by Senior Manager Jack Green, will cover what tangible assets are and explore options […]
READ MOREWalsh Accountants Celebrate Dual Award Wins
Celebrating Local Business Excellence We are thrilled to announce that Walsh Accountants has been honoured with not one but two prestigious awards this October! First, we proudly accepted the Outstanding Professional Services Award at the Local Gold Coast Business Awards. Celebrating excellence across the local business community, this recognition highlights our unwavering commitment to delivering […]
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