Pay Day Super legislation has been passed and will take effect on 1 July 2026. This is an extension of the original Single Touch Payroll legislation. Under the new rules employers have an obligation to make superannuation contributions on each employees pay day and for these payments to be allocated to the employees superannuation funds […]
With the end of the 2025/26 financial year fast approaching, it is again time to consider the rules concerning contributions made to your self-managed funds or other superannuation funds for this year. Please continue to guidelines regarding current rules and ATO requirements. […] CONTINUE READING
The ATO recognises that high fuel costs are affecting some businesses, and it will provide targeted support to eligible businesses that are unable to meet their payment obligations for three months, from 1 April 2026 to 30 June 2026. […] CONTINUE READING
Taxpayers can keep the same logbook for their car for five years, but there are circumstances where they may need a new one during that period. Relying on a logbook that no longer represents a client’s work-related travel may result in them claiming more, or less, than they are entitled to. […] CONTINUE READING
