Federal Budget 2021-2022: Securing Australia’s Recovery
2021/22 Federal Budget Last night the Federal Treasurer, Mr Josh Frydenberg, handed down the 2021–22 Federal Budget. The deficit of $161 billion is $52.7…
Xero acquires workforce management platform Planday
The cloud-based accounting software company Xero is a favourite among SMEs in Australia and New Zealand. Xero has a known strategy of acquiring complimentary…
Removal of Special Purpose from Financial Statements
In March 2020, the Australian Accounting Standards Board (AASB) issued an amending standard that removes the ability of certain for-profit private entities to prepare…
Cash is King!
Payment Times Reporting Scheme The phrase Cash is King was mentioned repeatedly in boardrooms across the country in 2020 as our Nation’s Government, Economy…
Increase in Super Guarantee from 1 July 2021
With the announcement of the 2021 Budget, changes have been made to the compulsory superannuation system implemented by the Australian government. Currently employers are…
Loss carry back regime
Various tax and income support measures are in place to support individuals and business taxpayers to weather the impact of the COVID-19 outbreak. One…
COVID-19 updates – extensions to COVID relief schemes
In recognising the ongoing financial difficulty faced by businesses throughout Australia, the government are providing extensions to a number of key stimulus packages for…
NSW Budget 2020/2021
The latest budget from the NSW Government has responded to one of the most challenging periods in our lifetimes, after facing severe drought, the…
Walker Wayland NSW Achieves Certified Carbon Neutrality!!!
The partners at Walker Wayland NSW, are proud to announce that as of October 2020, the firm has achieved Carbon Neutral Status with the…
What is the role of a SMSF Fund auditor?
Before you submit your annual tax return – the last step in the process is the auditing phase. The job of an SMSF Auditor…