Welcome Leanne Lynam

We would like to welcome to our team, Leanne Lynam. Leanne loves helping clients to understand their business. She has been passionate about accounting and finding great solutions for her clients since the early 1980’s. Leanne has extensive experience in all...

Changes to CPA’s Limited Liability Scheme

Effective from 8th October 2017 the Limited Liability scheme Wardle Partners Pty Ltd (Wardle Partners) has been a participant in ended. It is envisaged that a new scheme will commence in the near future, which will be communicated to clients at the appropriate time....

ATO to Enforce Superannuation Entitlements

Yesterday the Government confirms extra funding to the ATO to enforce employees are paid their 9.5% Superannuation Guarantee entitlements. This will involve reviews and audits, and employers who are found to have breached their obligations will be subject up to a 200%...

Tax Debts Will Be Disclosed to Credit Reporting Bureaus

From the 1 July 2017, the Government will allow the Australian Taxation Office (ATO) to disclose to credit reporting bureaus the tax debt information of businesses that have not effectively engaged with the ATO to manage these debts. The ATO does not currently provide...

Self Managed Super Funds

Self-Managed Superannuation Funds are to pay at least the minimum annual pension payments by 30 June 2017. All trustees have been advised of the minimum amounts previously in the 2016 annual management letter we provided.  If you are unsure of what your minimums are,...

Minimum Wage To Increase

The Fair Work Commission has decided to increase the National Minimum Wage by 3.3%. The same increase will also be applied to the minimum rates in each Modern Award. The 3.3% increase will take effect from 1 July 2017. The Full Bench of the Fair Work Commission cited...

We’re Moving to a New Office

Wardle Partners, Compass Financial Solutions and Blue Label Finance are excited to announce we are moving to a new office centrally located at 8 Otranto Avenue at the end of July. We’re not moving far – just one block. We are well underway on fitting out...

9 Tips To Reduce Tax for Small Business

1. Physically pay as much of your employees superannuation as possible prior to 30 June 2017. NOTE: the fund must receive it prior to 30 June 2017.  Super stream payments need to be made no later than 25 June 2017 to ensure the fund receives contribution before 30...

Are you eligible for a tax write off?

The Federal Governments tax laws allowing small businesses to immediately claim a deduction for assets purchased costing less than $20,000 will now end on the 30th June 2018. There is no limit on the number of assets the business can claim in a year as long as each...

Federal Budget Summary 2017-18

The Federal Treasurer, Mr Scott Morrison, handed down his second Budget (the government’s first of its three-year term) on Tuesday 9th May 2017. Mr Morrison said the Budget is focused on boosting the economy and households, so that “we live within our...