LIFE CHANGES. HAS YOUR STRUCTURE KEPT UP? Investment structures are often established for good reasons. A trust may offer flexibility. A company may suit a growing business. Superannuation may support a retirement plan. The challenge is that structures can remain unchanged long after the reasons behind them have shifted. A review does not assume something…
July often feels like an avalanche of deadlines and updates, and it is easy to respond by either ignoring everything or trying to do it all at once. A simple triage approach helps you focus on the obligations that genuinely matter in July, while scheduling the rest for when your year end information is complete…
You can lodge your tax return from 1 July. However, for most Australians, doing it too early is one of the quickest ways to end up with the wrong refund, delays and avoidable ATO attention. Tax time is not a race Once 1 July rolls around, it can feel like a race to be first…
Many people think EOFY tax planning is only about finding more deductions. However, without professional review, you may miss important compliance issues or planning opportunities that the ATO could flag in an audit. Issue 1 Family Trust Distribution Tax (47% FTDT) If your trust has made a Family Trust Election (FTE), distributions outside the nominated…
The end of the financial year (EOFY) is approaching, and for many Australians, it means scrambling to gather receipts or worrying they have left thousands of dollars on the table. However, the most financially astute individuals and business owners do not wait until 29 June. They schedule a tax planning session now, in late April…
If you claim fuel tax credits (FTCs), your last three BAS lodgements might just have set off a silent alarm at the ATO. Here’s why On 1 April 2026, the ATO slashed FTC rates by 32 cents per litre to reflect the federal fuel excise cut. Thousands of businesses, especially in transport, logistics and trades,…
The Middle East conflict has sent diesel and petrol prices soaring, and the flow on effects are hitting transport, logistics, trades and every business that relies on a vehicle. The good news? The ATO and federal government have rolled out three immediate, cash flow positive measures specifically designed to keep SMEs afloat until 30 June…
Payday Super’s payday timing grabs the headlines, however here’s what most business owners miss: the ATO’s new ‘super ledger’ will track every employee’s entitlement in real time, creating a compliance microscope you’ve never faced before. The hidden shift… From quarterly to individual tracking Under Payday Super, the ATO isn’t just checking if you paid super…
Payday Super in a nutshell From 1 July 2026, super is moving to payday. That means your business will need to pay super at the same time as wages. And your employees’ super must reach their fund within 7 business days of each pay run. Quarterly super is on the way out – and this…
HOW THE 5% DEPOSIT GUARANTEE AND EXPANDED SHARED EQUITY PROGRAMS WORK The Australian government’s new 5% deposit guarantee and expanded shared equity programs are game changers for aspiring first home buyers, aiming to lower the entry barriers to homeownership amid soaring property prices. These high leverage initiatives enable buyers to grab a foothold in the…