News

Baby Give Back Charity

WMS is proud to be an active supporter of Baby Give Back with Partner, Stephen Holmes

WMS ranked 53rd in the Financial Review Top 100 Accounting Firms for 2019

We are pleased to announce WMS was ranked the 53rd largest accounting firm in the Australian Financial Review Top 100. We are extremely grateful to our...

ATO Steps-up Enforcement Action On Super Guarantee Compliance

The ATO announced last week that they are undertaking a targeted letter campaign against employers who have not met their SG obligations. This involves sending letters to...

State of Superannuation Issues – Post Election

Now that we have had more than a week to allow the surprise election result to sink in, we thought we would recap on the current state of play specifically around the...

Australian Federal Budget 2019

The latest 2019-20 Federal Budget was announced last night on Tuesday, 2 April by the Treasurer Mr Josh Frydenberg. This year’s Budget has been framed with voters in mind and the approaching federal election. The primary area of focus is

Single Touch Payroll – Will you be compliant before 30 June 2019?

Single Touch Payroll (“STP”) is the most significant change in ATO reporting obligations since the introduction of GST. There are some steps that employers, who are not already reporting under STP, need to be take in order to be ready

Thinking of borrowing in Super? – Have you missed your chance?

Borrowing inside your SMSF to purchase property has been a popular strategy since the SIS Act was amended allowing clients to do so. Yesterday the WBC Group advised it will withdraw its product at the end of this month. NAB withdrew its product for...

Downsizer Contribution

Australian Federal Budget 2018

The latest Federal Budget was announced last night, Tuesday, 8 May 2018 by the Treasurer Mr Scott Morrison. The government is proposing measures which focus on strengthening the economy as well as taking further steps to repair the budget over the medium term.

Business as Usual for the Games

We are excited and proud that our city is hosting the Commonwealth Games from Wednesday 4th April until Sunday 15th April 2018. The games themselves will bring...