Practical Help for Businesses Impacted by Fuel Disruptions With global fuel supply chains still under strain from conflict in the Middle East, many Australian businesses are feeling the impact through higher operating costs, delayed deliveries and pressure on cash flow. To help stabilise affected sectors, Treasurer Jim Chalmers and the ATO have announced a package [...]
ATO Updates EV Home Charging Rate: What It Means for You The ATO has announced a significant update that will affect anyone using electric vehicles (EVs) or plug-in hybrid electric vehicles (PHEVs) for work or fleet purposes and where the vehicle is charged at the relevant individual’s home. From 1 April 2026 (for FBT purposes) [...]
The ATO Targets FBT on Work Vehicles: Don’t Let Assumptions Cost You The ATO is turning up the heat on employers who provide work vehicles for private use. Sophisticated data-matching means assumptions and shortcuts can quickly lead to audits, penalties, interest charges—and even reputational damage. You can see the latest ATO FBT audit warning here: [...]
Key Lessons from the Kilgour Case: Smarter Valuations in Business Sale Transactions When selling a business—or even a slice of one—how you value the assets involved can have a major impact on the tax bill. A recent Full Federal Court decision, Kilgour v Commissioner of Taxation [2025] FCAFC 183, offers timely guidance on how “market [...]
A Wake-Up Call for Family Businesses on Fringe Benefits Tax As Fringe Benefits Tax (FBT) lodgement season approaches, family businesses should carefully review the perks they provide to working directors and family members. A high-profile case involving luxury vehicles provided to three brothers who run a large business empire through a discretionary trust highlights the [...]
What the New Div 296 Tax Means for Individuals with Large Super Balances The Better Targeted Superannuation Concessions measure (known as the Division 296 tax) is now law and takes effect from 1 July 2026. For those with large super balances, it’s important to understand what the new tax does, why it’s been introduced, and [...]
Payday Super Hub: What You Need to Know (and How to Get Ready) Welcome to our Payday Super Hub - your central place for practical guidance, tools, and answers to help you prepare for the upcoming changes from 1 July 2026. Instead of paying super quarterly, employers will need to pay super at the same [...]
Payday Super Readiness Checklist From 1 July 2026, super must be paid at the same time as wages (not quarterly), increasing the importance of real-time payroll accuracy and cash flow planning. Use this checklist to see where your business stands, and where you might need help. How to use this: Work through each item. If [...]
Payday Super FAQs for Small Business Employers From 1 July 2026, the way employers pay super is changing. These FAQs explain what Payday Super means for your business, what’s different, and what you need to do to get ready. The Basics When does Payday Super start? 1 July 2026. From that date, employers must pay [...]
SG Calculations Are Changing - What “Qualifying Earnings” Means for Your Business Payday Super doesn’t just change when you pay super. It also changes how super is calculated. If you’re a small business owner, it’s important to understand these shifts — because they could affect how much you owe and for which employees. From OTE [...]