Business Tips: Using forecasting to help your decision-making
Good-quality forecasting can be just as useful, giving you an informed view of the future of your business and finances. Read More…
We want to empower our clients with useful financial and business resources. In this section you will find tools and information to make impactful financial decisions. The resources here will be helpful in business and your every day life.
To help you get your documentation prepared for your individual tax return.
A selection of helpful calculators to help you stay on top of your finances.
Our Vlog will keep you up-to-date on important business topics.
A quick reference guide for key ATO due dates.
Business Tips: Using forecasting to help your decision-making
Good-quality forecasting can be just as useful, giving you an informed view of the future of your business and finances. Read More…
Deductions for Primary Producers
If you're a primary producer in Australia, you probably know that most capital expenses—like farm buildings, equipment, and infrastructure—are depreciated over multiple years. Read More…
How to optimise your business: Build on those customer relationships.
Customers are the bedrock of your business, and building better relationships with your customers is a keyway to optimise your business for the future Read More…
How to optimise your business; get proactive with your finances
Keeping on top of your finances is a critical part of keeping your business on track. But are you doing everything you can to optimise your financial management? Read More…
Five big business challenges in 2025
Uncertainty has been a defining phrase within businesses. We’ve highlighted five business challenges for 2025. Read More…
The value of cashflow forecasting for your business
Remaining in control of the cash coming into (and going out of) the business is the real focus, so you can accurately predict your financial position and can resolve any issues. Read More…
Could the surcharge ban on card transactions help your business?
Paying the required surcharges on debit card transactions made by your customers is an operational cost that many business owners would love to see disappear. The Government is proposing banning these surcharges from January 2026. Read More…
How can small businesses compete with the big chains?
How can your small business compete with the big multinationals? Here’s how to maximise your boutique appeal to retain existing customers and draw in new ones. Read More…
Dealing with uncertainty – tips for business owners
Inflation may be down, but there’s still real uncertainty for business owners. So how do you get more clarity for your future plans? Read More…
Christmas Parties and Gifts that are FBT Free
Christmas is just around the corner, many businesses are planning end of year functions and gifts for employees and valued clients. There are a number of tax implications that need to be considered. Read More…
Planning for seasonal dips in income
Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. Read More…
When should your business be passed to the next generation?
You’ve spent a lifetime building up your family business, growing the company and creating a lasting legacy for your nearest and dearest. What are the signs that it’s time to step down? And what’s the best time to put your succession plan into action and to pass the reins to your successor? Read More…
How to add value and secure your future when selling your business
Thinking of selling your business? It’s vital to plan ahead and to add value to the company, prior to a sale. Here are five key areas of value to focus on as part of your exit strategy. Read More…
Key numbers to focus on in your business now
For many businesses, priorities have changed, customer behaviours have mutated, and revenue streams have had to evolve and pivot to maintain a profitable business model. Read More…
Keeping your tax and expenses in check when you are self-employed.
Working for yourself or running your own business? Setup robust systems for expenses & tax requirements so you can focus on your important tasks. Read More…
The ATO's top tips for running a small business
The ATO has set up a new advice portal for small business owners, giving you tips and advice on your finances and business taxes. Read More…
Your employees have the right to disconnect
Did you know your employees now have a legal ‘right to disconnect’ from after hours work calls and emails? Read More…
In honor of Scam Awareness Week, please find five tips and resources to help you, and your small business stay vigilant against scams and boost your cybersecurity. Read More…
6 Powerful Reasons to Watch your Financial Reports
Making time to look over your financial reports each month is an important task for any business owner. We have 6 reasons why we recommend you should start. Read More…
Are you meeting your SMSF Governance Requirements?
Opting for a self-managed superannuation fund (SMSF) may give you more control over your investment strategy and allow you to be more agile as a fund in the market Read More…
Do you have a plan for where you are heading with your business? It is never too early to think about your exit strategies. See our latest blog for ideas to start your planning. Read More…
8 ways to save time (and money) in your business
When time really is money, it’s worth finding ways to reduce tedious and repetitive admin tasks – and better tech is usually the answer. Ready to automate jobs, digitise data and free up time? We can help. Read More…
Xero Health Check: Ensure Your Financial Year Starts Right
As we head into the new financial year, it's the perfect time to review your Xero file. Xero is a fantastic business tool and can be easy to navigate, but with so many responsibilities as a business owner, things can slip through the cracks. Read More…
Congratulations Gillian and Katy
We are delighted to announce the promotion of two of our senior team, Gillian Hayward and Katy Day, to Directors of WDF Accounting + Advisory, effective 1st July 2024. Read More…
DIY Accounting vs Hiring an Accountant
From spreadsheets to strategies: Discover if DIY accounting or hiring pro suits your business best! Read More…
What are your business goals for the year ahead?
The beginning of a new financial year is quickly approaching. What will you do differently this year to enable your business to thrive? Here are a few ideas to inspire your business planning for a positive start to the year! Read More…
A solid budget is the foundation for your company’s financial management and success. Here are 4 ways to stay in control of your business budgeting! Read More…
2024-25 Federal Budget Highlights
The 2024-25 Federal Budget is out! We’ve highlighted what you need to know for your financial year ahead… Read More…
Embracing the AI-Human Synergy
The emergence of AI-driven tools like OpenAI's ChatGPT has captured significant attention, particularly regarding their potential to streamline internal operations and bolster employee productivity. However, amidst this technological surge, does the ascent of AI foreshadow the redundancy of human staff? Read More…
Your guide to claiming working from home expenses for 2023-24 income year
Tax time 2024 is fast approaching and with many individuals still working from home partially or completely, this quick guide can assist you with completing the calculations for claiming the deduction. Read More…
Digging Deeper into Cloud Accounting
Using your cloud accounting software to just do the bookkeeping barely scratches the surface. Continue reading to find out how you can get more out of the cloud! Read More…
10 Steps to Business Continuity Planning
‘Business continuity’ is the process of planning out how your company can continue trading – when disaster hits. Keep reading to find out our top 10 steps to business continuity. Read More…
Are you hiring the best talent for your business culture?
Are you hiring the best talent for your business culture? When hiring a new starter, it is critical to assess that they will fit seamlessly into your business culture… Here’s 5 ways to make sure your next hire is a perfect fit! Read More…
Are you making the most of your business data?
Your app stack generates a goldmine of insightful data everyday. Are you getting the most out of what your data can provide for you? Read More…
Thank you Wagga Wagga & Riverina! We were able to successfully raise over $50,000 in funding for our three local non-profits at this year's Pitch Up Wagga Wagga. Read More…
Bookkeeping is a fundamental part of the financial process for any business. Without it, your accounting software has no data to work with. Keep reading for some tips to maximise your bookkeeping. Read More…
Lodge your overdue TPAR now to avoid penalties
The ATO is reminding businesses to lodge any overdue taxable payments annual reports for 2022-23 or prior years by 22 March to avoid being penalised. Read More…
Five Steps to Better Cash Flow
To maintain a healthy cash flow, you need more than just strong revenue. Improve your small business cash flow by implementing five simple rules. Read More…
How to prepare your business for an audit
Carrying out an audit of your business finances is a mandatory requirement for many companies. Read More…
Review your expenses - and save yourself money
Spend management is all about getting in control of your expenses – and, where possible, aiming to reduce the level of costs and overheads that you incur as a company. Read More…
Riding the waves of technological advancements
Technology is changing how we do business, adopting and integrating these new technologies is essential if you want to remain competitive. Read More…
Tax planning helps you do more with your money
Tax may be boring, but smart use of tax planning is a superb way to help you do more with your money. Read More…
Using testimonials and case studies to boost your business
You can spend all day telling people how wonderful and great your product or service is, but what they really want is proof. Ask your most loyal customers to send you a short statement on why they chose you, or what they like about your product or service. Read More…
Owning vs Renting your commercial premises for your business.
Are you tired of paying rent for your commercial premises and are considering buying property for your business? Owning a building works best if your business is well-established, you have money to invest, and you are taking a long-term approach. Read More…
Finding and retaining key talent for your business
Globally, 4 in 5 employers report difficulty finding the skilled talent they require. So, how do you find the people your business needs? Keep reading for five ways to maximise your prospects of finding the talent you need. Read More…
Setting goals for you and your business in 2024
With the new year comes new year’s resolutions. Whether you aim to grow your business or create more personal time, having a clear vision and actionable goals can help you achieve your long-term plans. Here are some tips to get you started. Read More…
We know how busy December gets for everyone, and it is no different at WDF. We make sure we find time to celebrate the year as it draws to a close. Read More…
Discover the untapped potential of Instagram for your business
From creating eye-catching content to using hashtags effectively, this guide will help you build an impactful presence on Instagram. Read More…
Holiday Cashflow for Your Small Business
As the holiday time of year approaches, it can be hard on small business. Is your business cashflow in good health to carry you through? Keep reading for tips to minimise the stress of cashflow over a holiday period so you can have a well deserved break. Read More…
Rules and entitlements during the end-of-year holiday season
As we head into the summer holiday period, we have some tips to help you navigate the sometimes confusing rules on entitlements for public holidays, shutdowns and leave provisions. Read More…
Next-Level Business Support: WDF now offers HR Services to further support you
As a business owner, you know best of all that running a business is like juggling a dozen balls at once. As your business grows, so do your HR needs. Now WDF can help with your HR requirements. Read More…