Key points: Having an ABN does not automatically exempt musicians and entertainers from superannuation, with hotels, pubs and clubs often required to pay SG contributions even when performers invoice as contractors. With Payday Super now requiring contributions to be made within seven business days of payment, venues need processes in place to identify and manage […]
Key points: NFPs face rising demand, funding pressure and workforce strain, making AI-enabled capacity essential. AI can improve fundraising, reporting and operations without replacing human relationships. Strong data foundations and readiness assessments are critical before scaling AI across organisations. Australia’s not-for-profit sector stands at an inflection point, one that will separate organisations that thrive over […]
Key points: The rules have changed. Australia’s landmark CGT reforms are now law and will reshape how capital gains are taxed from 1 July 2027. The impact extends far beyond property. Business owners, family trusts and investors should all be assessing how the new regime could affect their long-term plans. The opportunity to act is […]
Key points: Many for-purpose organisations rely heavily on grant funding, yet few have a clear plan for what happens if that funding is delayed, reduced or not renewed. Boards play a critical role in understanding funding dependency and ensuring the organisation can respond when funding assumptions change. Simple reporting, scenario planning and contingency strategies can […]
Key points: The Federal Budget’s changes to negative gearing and capital gains tax are likely to accelerate a shift away from tax-driven property investing and toward investments that deliver stronger underlying returns. With fewer tax benefits available on loss-making properties, investors will place greater emphasis on rental yield, cash flow and the ability of an […]
Key points: A successful retirement isn’t defined by maximising your sale price – it’s about creating the freedom, flexibility and time to enjoy the life you’ve worked so hard to build. Delaying succession planning can reduce business value and limit exit options, making early preparation essential for achieving the outcome you want. Business owners need […]
Key points: The Late Payment Offset will not be available for the June 2026 quarter under the Payday Super transitional rules, meaning employers who miss the SG deadline face paying super twice; once to the employees’ super fund and again as a non-deductible SGC liability to the ATO, with both amounts being non-deductible. Employers should verify […]
Key points: From 1 July 2026, the Maximum Contribution Base moves from a quarterly cap of $62,500 to an annual cap of $270,830, with corresponding increase in the concessional super contribution cap from $30,000 to $32,500. Super contributions may be front-loaded earlier in the financial year rather than spread evenly across quarters, with the financial […]
Key points: Under new ATO guidance, properties used mainly for private holidays or recreation may be treated as a leisure facility, even if rented out for part of the year. If a property is classified as a leisure facility, most ongoing deductions can be denied, with only direct rental-related expenses generally remaining deductible. A transitional compliance approach applies until 1 […]
As the end of the financial year nears, it’s time to review your year-end tax planning strategies. In this webinar, Tax Advisory Partners Greg Nielsen and Yina Tang are joined by Client Director Chanel Palmer to share practical insights that will help you prepare for 30 June and beyond. Greg, Yina, and Chanel step through key […]
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