System overhauls for secure data
Walshs Blog
November 29, 2018

System overhauls for secure data

A breach in your security systems or failure to backup could jeopardise your business’ productivity and profitability. Every year you should take time to secure your data to prevent panic should your computer systems fail. The effectiveness of backups relies…
Read More
Renewing your lease
Walshs Blog
November 20, 2018

Renewing your lease

Avoid leaving your business’ future in the dark by understanding your rights when your lease is up for renewal. A retail or commercial lease is a legally binding contract between a landlord and a tenant of a retail shop that allows…
Read More
Small Business Superannuation Clearing House
Walshs Blog
October 29, 2018

ATO issues Small Business Superannuation Clearing House (SBSCH) reminder

The Australian Tax Office (ATO) is reminding employers using Small Business Superannuation Clearing House (SBSCH) to check their employee details are accurate when making payment. Submitting incorrect employee details can risk their super fund rejecting your payment and returning the amount…
Read More
Super death benefit
Walshs Blog
October 25, 2018

How is the super death benefit taxed?

When it comes to how the super death benefit is paid out, there are specific tax implications involved which affect the amount a nominated beneficiary will receive. In a situation where super is paid out after an individual has passed,…
Read More
Family trusts and SMSFs
Walshs Blog
October 22, 2018

How to choose between a family trust and SMSFs

Family trusts and self-managed super funds (SMSFs) have a lot to offer Australians as wealth transfer and management tools. Family trusts and SMSFs carry their own benefits and disadvantages in providing a way to transfer and manage your family’s wealth.…
Read More
Self-managed super funds
Walshs Blog
October 19, 2018

Acquiring assets legally in a self-managed super fund

Strict investment rules govern how trustees can acquire assets through self-managed super funds (SMSF) from related parties. When it comes to acquiring an asset from a related party, a trustee must ensure it is an ‘arm’s length transaction’, in other…
Read More
Walk with Walshs
Walshs Blog
October 15, 2018

Walk with Walshs will be back in 2019 with a bigger fundraising target

Following a tour of the Leukaemia Foundation’s ESA Village in August, CEO Michael Walsh has announced Walk with Walshs will now become an annual event. The second annual Walk with Walshs will be held on 17 – 19 May 2019.…
Read More
Walshs App update GPS Logbook
Walshs Blog
October 10, 2018

Track accurate journeys with Walshs powerful GPS Logbook

We launched the new Walshs App just last month and now we have made our first update, with a state-of-the-art GPS Logbook, using advanced GPS technology to accurately track both your business and personal trips. We’ve added this enhancement so you can use the…
Read More
Claiming the $20,000 instant asset write-off
Walshs Blog
October 1, 2018

Can you claim the $20,000 instant asset write-off?

Businesses with an annual turnover less than $10 million (from 1 July 2016) can claim the $20,000 instant asset write-off. If you buy an asset and it costs less than $20,000, you can write off the business portion in your tax…
Read More
GST and new residential property
Walshs Blog
September 30, 2018

GST and new residential property

The Australian Taxation Office (ATO) has announced changes to the way GST is collected at settlement. According to the ATO, if you are purchasing new residential premises or potential residential land you are required to withhold part of the purchase…
Read More