Category: Uncategorized

  • 2026-27 Federal Budget — A Night of Significant Change

    The 2026-27 Federal Budget, delivered by Treasurer Jim Chalmers on the evening of 12 May 2026, is one of the most significant overhauls of the Australian tax system in nearly three decades. In a single budget, the Government has made changes to capital gains tax, negative gearing, trust distributions, superannuation, electric vehicles, research and development,…

  • Super Contribution Caps likely to increase from 1 July 2026

    The concessional contribution (CC) cap is indexed in line with Average Weekly Ordinary Time Earnings (AWOTE), as published by the Australian Bureau of Statistics (ABS). Based on the latest AWOTE figures released for the November 2025 reference period, and extrapolating from the May reference period data, there is a strong indication that the superannuation contribution…

  • Payday Super Is Coming – What Employers Need to Know Before 1 July 2026

    From 1 July 2026, Australia’s superannuation system is changing in a big way. Under the new Payday Super rules, employers will no longer be able to pay Super Guarantee (SG) quarterly. Instead, super contributions will generally need to be paid within 7 business days of each payday. For many businesses, this will be one of…

  • Understanding Fringe Benefits Tax (FBT) in Australia

    What Small Businesses Need to Know Fringe Benefits Tax (FBT) is one of the most commonly misunderstood areas of Australian tax law for small businesses. Unlike income tax, FBT applies when employers provide non-cash benefits to employees as part of their remuneration. If your business provides vehicles, reimburses private expenses, or offers perks such as…

  • Payday Super: Major Changes to Superannuation Payments Coming from 1 July 2026

    The long-anticipated Payday Super reforms are now one step closer to reality.On 4 November 2025, the Federal Government’s payday super legislation successfully passed both houses of Parliament — marking one of the most significant shifts to the superannuation system in decades. What Is Changing From 1 July 2026, all employers will need to pay their…

  • Super Update December 2025

    Below is a round-up of some superannuation changes and key developments that may be relevant to you, as trustee of your SMSF. It is important that you know what changes are coming, so you can effectively understand how they may affect you and the members of your SMSF. We intend to regularly provide you with…

  • Upcoming lodgement dates

    December 2025 21 December Monthly BAS due (November 2025) January 2026 21 January Monthly BAS due (December 2025) 28 January Super guarantee due for Q2 (Oct–Dec 2025) February 2026 21 February Monthly BAS due (January 2026) March 2026 21 March Monthly BAS due (February 2026) April 2026 21 April Monthly BAS due (March 2026) 28…

  • New Portable Long Service Leave Scheme for NSW Community Services Workers

    Effective 1 July 2025, the NSW Government is introducing a new portable long service leave scheme for the community services industry. What is the new scheme about? Traditionally, long service leave entitlements only applied when a worker remained with the same employer for 10 or more years. In the community services sector, where many employees…

  • Important ATO Changes Coming for Holiday Homes: What You Need to Know

    The Australian Taxation Office (ATO) has released new draft guidance that changes the way deductions will work for holiday homes that are also used for private purposes. These changes could affect many people who rent out their beach house, mountain getaway, Airbnb, farm stay, or any short-stay accommodation they also enjoy personally. These changes will…

  • Land Tax: Key 31 December Deadline for Trusts Holding Property in NSW, Victoria and the ACT

    As the end of the year approaches, trustees and their advisers should review any trust structures that hold property in New South Wales, Victoria or the Australian Capital Territory before the 31 December land tax assessment date.Timely action now can help manage risk and avoid unnecessary tax exposure — especially in relation to foreign person…