News Directory

THURSDAY, NOVEMBER 8, 2012 – The Walker Wayland network is Australia’s fastest-growing accounting organisation according to the latest rankings of accounting firms by national business magazine BRW.

The network’s Australian members recorded 73.7 percent revenue growth in the past year to post total revenues of $36.1 million.

The growth spurt helped the network jump five places since last year to 27th in BRW’s annual Top 100 rankings.

Walker Wayland Australasia chair Grant Allsopp said the group is continuing to grow with acquisitions since the survey closed and more planned over the next few months.

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As payroll management becomes increasingly complex, requiring even greater expertise, timeliness and attention to detail, we can assist you in calculating, processing and managing…

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The buzzing, fast-paced lifestyle of Hong Kong is one many Australians have experienced as tourists.

But having the chance to live and work in that environment has been the domain of ex-pats and employees of multinational organisations. Choosing to work for a local firm with all the benefits of easy access to senior management and working directly with clients at an early stage has meant sacrificing the overseas option.

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The Australian Federal government released its mid-year economic fiscal outlook (MYEFO) on 22 October 2012, somewhat earlier that would be expected.

The MYEFO contained a number of key tax-related announcements, including the following:

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International accounting group expands in Australia

MONDAY, SEPTEMBER 24, 2012 – International accountancy network Walker Wayland Australasia has announced further expansion as two independent firms joined the community in September.

The network has grown by more than 50 percent in the past year and now includes 13 mid-tier accounting firms across Australia and New Zealand.

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Accounting firm sees better service by networking

Kothes Chartered Accountants has moved to bolster services and resources for its clients throughout south-east New South Wales with a tie-in to an international business network.

The network, Walker Wayland Australasia, is a fast-growing community of mid-tier accounting firms across all mainland states of Australia and New Zealand.

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Walker Wayland Australasia provides international boost for Toowoomba businesses

MONDAY, SEPTEMBER 3, 2012 – Many businesses in the Toowoomba region of south-east Queensland are gaining an international boost in their financial support following a move by local accounting firm Power Tynan.

Business owners and managers in the region can now draw on the extensive resources and experience of the expanding Walker Wayland Australasia accounting and business services network following the announcement that Power Tynan is now a part of the group.

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New contractor tax reporting requirements

A Change to the reporting requirements for businesses in the building and construction sector is about to become a reality from June 1, 2012. The new ‘Taxable Payments Report’ will require operators to report on certain payments made to contractors. The Tax Office says data from the Taxable Payments Report will improve compliance and detect contractors who have either not lodged returns or not included all of their income.

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WEDNESDAY, MAY 16, 2012

Accountancy group Walker Wayland Australasia has completed a restructure to prepare for an aggressive growth phase in the region.

According to Walker Wayland Australasia chairman Grant Allsopp, “Our focus is to become the pre-eminent mid-tier accountancy network in the region.”

He said the network now includes 11 mid-tier accounting firms across Australia and New Zealand. Three have joined since the restructure.

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The Federal Government is set to introduce the draft legislation in respect of the Living Away From Home Allowance (LAFHA) changes in the upcoming sitting of the Parliament. Advice from Treasury indicates they propose to issue a LAFHA Exposure Draft in May 2012.

The proposed Tax Laws Amendment (2012 Measures No 3) Bill 2012, which includes the provisions first proposed by the Consultative Paper released in November 2011 will be introduced into the Parliament after the 2012 Federal Budget, which is to be handed down on 8 May 2012.

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