Division 296 and SMSFs with unlisted assets
The new Division 296 super tax will apply from 1 July 2026, increasing tax on earnings for individuals with super balances above $3 million. While the changes are […]
Death and Taxes
Updated rules came into effect in late 2025 with the ATO regarding deceased individuals impacting both the Executor or Legal Personal Representative (LPR) and the Registered Tax Agent. […]
Default Super
Employers must select a default nominated super fund for employees who don’t have a chosen super fund. As an employer, you are required to select a default super […]
Crackdown on Super Guarantee Non-payment
The Association of Superannuation Funds of Australia (ASFA) has called on the Federal Government to better fund the tax office to audit businesses for unpaid superannuation entitlements. ASFA […]
$20,000 Instant Asset write off Now Law
The Government announced the extension of the $20,000 immediate write off for small businesses prior to the election, however, this only became law in December 2025 (Talk about […]
Reconciling Invoices and Spend Money in Xero
Reconciling invoices and spend money in Xero is a key step in keeping your business finances accurate and up to date. Reconciliation ensures that the transactions recorded in […]
What’s New for SMSFs in 2026
Several important changes are shaping the SMSF landscape in 2026, and trustees should stay informed. The biggest development is the proposed Division 296 tax, which will apply to […]
Big Changes from January 1
As the fireworks signaled the start of a new year, a host of new laws, guidelines and price changes quietly came into effect. These are the big changes […]
Help to Protect your Business
The Secure Communities Partnership Program funds safety measures to deter crime against small businesses and create safer business areas. It aims to protect small businesses from crime and […]
QBCC Embraces Technology
Great news for Queensland tradies. They can now access their QBCC licence digitally through the Queensland Digital Licence app. This new feature allows licence holders to securely store […]