Watson Corporate in the Community

One of the many things we take great pride in here at WCS, are our long-standing partnerships with a number of community groups and sporting organisations.  One such partnership is with the team at Manly Warringah Football Association and Manly United Football Club. John has a strong history with Manly Warringah Football Association, and Manly United Football… Read More

Estate Planning

Protecting Your Family and Your Legacy Estate planning is the process of arranging your assets and financial affairs in a way that ensures the transfer of your assets to your beneficiaries in accordance with your wishes and in a tax-effective manner. Although it may seem like a clinical and objective process, the aim of estate… Read More

Transfer Balance Caps and Reporting Obligations

Self-Managed Super Funds (SMSF’s) have new reporting obligations. This is due to the new Transfer Balance Cap measures and event based reporting framework. The Transfer Balance Cap Report (TBAR) that is used to report is separate from the SMSF Annual Return (SAR). The TBAR enables the ATO to record and track an individual’s balance for… Read More

Single Touch Payroll

The Australian Taxation Office is enforcing a change from employers to provide Payroll information on their employees on a regular monthly basis. All employers will be required to ensure that their payroll providers can provide them with software that meets single touch Payroll requirements as required by the Australian Taxation Office. The purpose of the… Read More