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Posts Tagged ‘accounting’
Budget Progress Report | Discretionary Trust Minimum Tax: New Relief Proposed
September 18th, 2026Australia’s proposed 30% discretionary trust minimum tax has taken another significant step towards becoming law, with Treasury releasing exposure draft legislation on 3 September 2026. First announced as part of the 2026/27 Federal Budget, the measure is intended to introduce a minimum 30% tax rate on certain income earned through discretionary trusts from 1 Julyread more
Does Your Business Accountant Do More Than Tax Returns?
August 20th, 2026For many Australian business owners, their accountant is someone they hear from at tax time. Financial statements are prepared, tax returns are lodged, compliance obligations are met, and another financial year comes to a close. While these services remain essential, they represent only one part of what a modern accounting relationship should deliver. Today's businessread more
Can R&D Tax Incentives Strengthen Cash Flow?
July 8th, 2026Innovation is one of the biggest drivers of business growth, but it often comes with a significant upfront cost. Whether you're developing new software, refining a manufacturing process, creating a prototype, or investing in research, the journey from concept to commercial success can place considerable pressure on your cash flow. For many Australian businesses, the Australianread more
Budget Progress Report | Tax Reform Implementation for Small Business and Startups
June 24th, 2026The 2026 Federal Budget introduced one of the most significant packages of business tax reform in recent years. While the Budget outlined the Government's intentions, it is important to remember that Budget announcements do not become law immediately. Proposed measures must progress through consultation, be drafted into legislation and pass Parliament before they become legallyread more
Your 2025-26 Tax Time Preparation Guide
May 14th, 2026Tax time has a habit of creeping up quickly and for many Australians, the end of the financial year can feel stressful especially when important documents are difficult to find. The good news is that strong tax time preparation can make the entire process significantly easier while also helping ensure you do not pay moreread more
Get Your Business Ready for Payday Super
March 11th, 2026If you’re used to paying super quarterly, Payday Super will be one of the most significant payroll changes your business has faced in years. From 1 July 2026, superannuation contributions must be paid at the same time as your employees’ wages and received by their super fund within seven business days. For many business owners,read more
Design an Employee Share Scheme (ESS) That Actually Works
March 5th, 2026In today’s competitive labour market, retaining high-performing people is one of the greatest challenges facing Australian business owners. Salary alone is rarely enough. Senior leaders and high-potential employees increasingly want a stake in the business they’re helping to build. An Employee Share Scheme (ESS) can be a powerful way to align performance with long-term value,read more
Your 2025-26 Fringe Benefits Tax (FBT) Preparation Checklist
February 26th, 2026As we approach the end of the 2025–26 Fringe Benefits Tax (FBT) year on 31 March 2026, now is the time for preparation and to take control of your obligations. FBT can become complex for some businesses, especially where vehicles, travel, entertainment, hybrid work arrangements and employee reimbursements, or a mix of these, are involved.read more
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