What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Wakefield Business Group, 15 Beulah Road, Adelaide (2026)

We specialize in providing comprehensive taxation and accounting services tailored for small to medium businesses. With a rich history dating back to 1973, Wakefield Business Group (WBG) has established itself as a trusted and reliable partner. Led by our founder, Prem Singh, a highly experienced Chartered Accountant with over 45 years of expertise, including four years in a renowned 'Big4' accoun

ting firm and 40 years as a successful sole practitioner, we bring a wealth of knowledge to the table. At WBG, we take pride in offering a diverse range of services to our clients, ensuring their financial well-being. Our services encompass Accounting, Financial Planning, Finance Broking, and Bookkeeping, making us a one-stop shop for all your financial needs. Whether you are an individual or a small business, we are dedicated to assisting you and effectively managing your financial affairs in line with your unique goals and risk profile. Our commitment to delivering personalized solutions sets us apart and ensures your financial success.

17/07/2026

**𝗣𝗮𝘆𝗱𝗮𝘆 𝗦𝘂𝗽𝗲𝗿 𝗶𝘀 𝗵𝗲𝗿𝗲. 𝗜𝘀 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗿𝗲𝗮𝗱𝘆?**

From 1 July 2026, quarterly super contributions are gone. Employers across Australia are now required to pay superannuation on every single payday — no exceptions.

This is more than a payroll tweak. It's a fundamental shift in how your business manages compliance and cash flow. More frequent contributions mean tighter timelines, less flexibility, and zero room for oversight. If your payroll processes, systems, or cash flow planning haven't been reviewed, now is the moment to act.

The lead time is short. The consequences of getting it wrong — ATO penalties, missed obligations, reputational risk — are not. Every Australian business with employees is affected.

📌 Start with our quick guide below.

09/06/2026

Federal Budget 2026-27: Key Announcements

23/04/2026

𝗔𝗿𝗲 𝗬𝗼𝘂 𝗔𝘄𝗮𝗿𝗲 𝗼𝗳 𝗠𝗼𝗻𝗲𝘆 𝗟𝗮𝘂𝗻𝗱𝗲𝗿𝗶𝗻𝗴 𝗥𝗶𝘀𝗸𝘀?

The way businesses are expected to identify and prevent money laundering is evolving rapidly. With stricter Anti-Money Laundering (AML) regulations and
increased scrutiny from regulators, staying compliant is no longer optional it’s essential. Authorities are placing greater emphasis on transparency, reporting, and
accountability across all industries.

These changes are already underway, so now is the time to review your processes and strengthen your controls.

𝗞𝗻𝗼𝘄 𝗬𝗼𝘂𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 (𝗞𝗬𝗖):
Businesses must properly verify customer identities and understand the nature of their transactions. This applies not only to new clients but also requires ongoing monitoring of existing relationships.

𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗠𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴:
Unusual or inconsistent financial activity must be identified and reviewed. Large cash movements, complex transaction chains, or payments that don’t align with a client’s profile can all be red flags.

𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗢𝗯𝗹𝗶𝗴𝗮𝘁𝗶𝗼𝗻𝘀:
Suspicious matters must be reported promptly to the relevant authorities. Delays or failure to report can lead to significant penalties and reputational damage.

𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝘀:
Regulators are increasing enforcement actions, with heavier fines and stricter penalties for non-compliance. Businesses are expected to maintain clear records
and demonstrate active risk management.

𝗪𝗵𝗮𝘁 𝘁𝗼 𝗱𝗼 𝗻𝗼𝘄?
Review your internal policies, train your staff to recognise warning signs, and ensure your systems are capable of detecting and reporting suspicious activity. Taking proactive steps today will help protect your business and keep you compliant in an increasingly regulated financial environment.

Address

15 Beulah Road
Adelaide, SA
5067

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+61884108999

Website

https://www.wbgsa.com.au/

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