WLM Accounting

02/09/2026

Own an SMSF, or thinking about one?

The control is the appeal. The compliance is the catch: financial statements prepared and an annual return lodged with the ATO, every financial year.

We handle both, from set-up to lodgement, and work with your financial adviser on the strategy.

How our SMSF service works: https://ap1.hubs.ly/H01kKfp0

26/08/2026

The 2026-27 car limit is $69,883 - the maximum value you can use for depreciation deductions on business vehicles, regardless of what you pay. The GST credit is capped at $6,353. Luxury Car Tax applies above $80,809 (or $91,661 for fuel-efficient vehicles). Before committing to a purchase, model the after-tax cost with your accountant. Details at the link.

https://ap1.hubs.ly/H01j24x0

Business car tax thresholds: Understand the 2026–27 thresholds, depreciation caps, GST credits, and luxury car tax. for vehicle purchases in your business.

25/08/2026

The High Court handed down a significant decision on trust distributions in June. Unpaid distributions to corporate beneficiaries are no longer automatically treated as Division 7A loans - removing compliance burdens for many private business groups. Existing loan agreements still need minimum repayments, and other integrity rules still apply. The Government has also proposed a 30% minimum tax on trusts from 1 July 2028. Full breakdown at the link.

https://ap1.hubs.ly/H01j1ZL0

The High Court's decision clarifies unpaid distributions in discretionary trusts, easing compliance burdens for businesses amidst proposed tax reforms.

24/08/2026

Ten years ago Charley Tarchichi joined WLM as a Senior Accountant. Today he is a Director, and still the first call for clients who have been with him since the start.

A decade with the same clients, in the same firm, is not luck. It is the way he works.

Congratulations Charley.

20/08/2026

SMSF borrowing rules changed in June - and the "residential property ban" framing misses the nuance. The Business Real Property test is about usage, not zoning. Some residential properties can qualify. Some commercial ones may not. Existing LRBAs continue. If your SMSF is considering a property purchase, get specific advice before assuming anything. Full breakdown at the link.

https://ap1.hubs.ly/H01j1_j0

SMSF borrowing rules changed on 26 June 2026. Property bought through an LRBA must now meet the business real property test. Here is what it means for your fund.

19/08/2026

Buying a property with a business partner? The 2026 Federal Budget changed the tax rules on property, super and trusts, and the structure you choose affects how much tax you pay, how you borrow and how you exit. Our free guide walks through the options and what the changes mean for you.

Download it here: https://ap1.hubs.ly/H01j0N00

Buying a property with a business partner: Learn how the 2026 Federal Budget impacts optimal structures, tax implications, and exit strategies.

18/08/2026

What do business owners really want? Meaning in their data - not a monthly bill just to process transactions. On the latest Under the Ledger, Charley Tarchichi says automate the mundane, repetitive work that adds no value, so your team can spend its time interpreting the numbers and forecasting a vision for the future. Watch Charley's full take.

https://ap1.hubs.ly/H01h1qL0

14/08/2026

Not every accountant understands insurance underwriting. Dan McGrath has built his career on it. A Director and CEO at WLM, Dan has acted for the Underwriting Agencies Council, the industry's peak body, since 2013, and he explains it all in plain English.

If you are in insurance underwriting or financial services, meet the team who knows your world: https://ap1.hubs.ly/H019Hx60

13/08/2026

Will AI replace your accountant? No. AI takes the grind - the data entry, the reconciliations, the manual processing - so your accountant can be the partner who makes sense of your numbers. You get your information faster, and better advice with it.

Watch Charley's full answer: https://ap1.hubs.ly/H01gnKj0

04/08/2026

ASIC deadlines, board minutes, share transfers, statutory registers - governance admin adds up fast. A company secretary keeps it all in order, and outsourcing the role is often the cost-effective way to do it.

WLM acts as named Company Secretary for Australian businesses and handles the compliance behind the scenes.

Talk to our team: https://ap1.hubs.ly/H019GQB0