Compliance Updates

2026–27 Federal Budget – Discretionary Trusts Fact Sheet

  Discretionary Trusts Fact Sheet What the Proposed Trust Minimum Tax Means for You 13 May 2026 The 2026–27 Budget includes a significant proposed change to the way discretionary trusts are taxed. This fact sheet explains what has been announced, what it means for you, and what — if anything — you should be doing […]

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2026–27 Federal Budget – Your Questions Answered

Your Questions Answered Plain-English Answers to the Questions We’re Hearing Most Prepared 13 May 2026  |  Based on Budget Paper No. 2, 2026–27 Last night’s Budget was one of the most significant in years. We know you will have questions — and we have put together this document to answer the ones we are hearing

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2026-27 Federal Budget – A Night of Significant Change

•  The $1,000 Instant Tax Deduction •  $250 Working Australians Tax Offset •  Changes to the Fringe Benefits Tax Exemption for Electric Vehicles •  Changes to the Capital Gains Tax Discount •  What the CGT Changes Mean for Business Owners •  Changes to the Taxation of Trust Distributions •  Changes to Negative Gearing – What

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Payday Super

Payday Super: 6 Things Every Small Business Needs to Know Before 1 July 2026

If you employ staff, one of the biggest changes to hit your business in years is coming on 1 July 2026. It’s called Payday Super, and it fundamentally changes how and when you pay superannuation.

Under the current system, you have until 28 days after the end of each quarter to pay your employees’ super. That’s about to end. From 1 July, you’ll need to pay super at the same time as wages, with contributions reaching your employees’ super funds within seven business days of each payday.

The total amount you owe doesn’t change. But the timing, the systems, the compliance rules, and the consequences of getting it wrong all do.

Here are the six key areas you need to understand.

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