Content Travel records under the microscope $21 billion in lost super is waiting “Widow tax” fixed Reviewing your fund’s investment strategy This month we look at several practical issues that could affect your tax and superannuation position. The ATO’s expanded passenger movement data-matching program means international travel records could come under greater scrutiny, particularly where…
Content Discretionary trusts and the proposed 30% minimum tax New reasonable travel and overtime meal rates Penalty units increase from 1 July 2026 SMSF and property – preparing for a smooth audit This month we look at several important developments and practical compliance issues affecting individuals, businesses, trusts and SMSF trustees. The Government’s proposed 30%…
Content Updates to Budget Measures and New Developments Payday Super Has Arrived – What Employers Need to Know ATO Cracks Down on Personal Services Income Arrangements: Is Your Business at Risk? Tax Ombudsman Sees 127% Surge in Complaints: What It Means for You Get Ready for 2026–27: Practical Steps SMSF Trustees Must Take Now This…
Content Key 2026–27 Federal Budget tax reforms: What they mean for you Ending card surcharges: What you need to know before 1 October 2026 Government to wind back electric vehicle FBT exemption in three stages SMSF year end reminder — what to check before 30 June This month we unpack some of the most controversial…
Summary Payday Super (PDS) comes into effect from 1 July 2026 which will require employers to pay employee superannuation contributions earlier than the previous quarterly deadlines to ensure they are received by the employee’s superannuation fund no later than 7 business days after the qualifying earnings day. Employers need to allow time for superannuation contributions…
Content DPN Review: A Wake-Up Call for Business Owners on Personal Tax Risks Navigating CGT on Your Home: New ATO Clarity for Home-Based Businesses ATO Update on Inherited Homes: What it Means for Your Family’s Wealth Keeping Your Self-Managed Super Fund Compliant This month we focus on key developments and practical guidance for business owners,…
Content Holiday Homes Under the Microscope: What the ATO’s New Guidance Means for You Electric Car Discounts Under Review: What It Means for Your Business (and What You Should Do Now) AI Tax Tips: Helpful Shortcut or Costly Trap? Downsizer Contributions and the Main Residence Exemption This month we look at the ATO’s sharpened compliance…
Content Super on Payday: Fundamental Changes for Employers Unlocking Tax Savings: Can Your MBA (or Other Studies) Pay Off at Tax Time? Cash is Making a Comeback – Is Your Business Ready to Take It? Know the Rules Before You Break Them: Why SMSF Education Matters More Than Ever From payroll reform to professional development,…
Content Government Review of Supermarket Unit Pricing Accessing Superannuation Funds for Medical Treatment or Financial Hardship Super Tax Shake-Up: Big Balances Beware When Medical Bills Meet Tax Rules – Lessons from a Heartbreaking Case Proposed Extension of the Instant Asset Write-Off and Other Tax Measures Cyber in Accounting: Safeguarding Financial Data in a Digital Age…
Content Superannuation Guarantee Reminders & Updates A win for those carrying student debt ATO Interest Charges Are No Longer Deductible – What Can You Do Trust Resolutions – Why Timing and Evidence Matter Non-compete clauses: the next stage Superannuation Guarantee Reminders & Updates On 1 July 2025 the superannuation guarantee rate increased to 12%, marking…