The following outlines common types of deductible expenses claimed by individual taxpayers, such as employees and rental property owners, and some strategies for increasing their deductions for the 2026 income year. […] CONTINUE READING
From 1 July 2026, Payday Super applies. Employers will need to pay super to an employee’s nominated super fund each payday, and it must reach the fund within 7 business days after payday (unless a longer timeframe applies, such as for new employees). […] CONTINUE READING
The ATO is providing information that employers need to know to manage the changeover from quarterly super to Payday Super from 1 July 2026 (i.e., when employers will begin paying super with each payday under the Payday Super changes). […] CONTINUE READING
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 […]
