Employee Share Schemes (ESS) are one of the effective tools to attract, retain and motivate talents. But when it comes to payroll tax, the rules can catch employers off guard, especially when an ESS that looks favourable for income tax purposes still triggers a payroll tax liability. Here’s what you need to understand, and how to stay ahead of any surprises. What is an […]
Uber’s long–running payroll tax dispute has entered a new phase. The High Court of Australia is set to consider whether payments made to rideshare drivers fall within the scope of the payroll tax contractor provisions, a decision with far-reaching consequences for platform-based businesses and the gig economy. Background: what is the Uber payroll tax dispute? The dispute centres on […]
Australia’s Electric Car Discount has been a game-changer for EV adoption since it was launched on 1 July 2022. Now, Australian Commonwealth Treasury has commenced a statutory review of the concessions. While no immediate changes are proposed, it is worth understanding what is being examined and why it matters for your business. What is an […]
Key points Climate reporting under AASB S2 is about starting from your current position and improving over time Proportionality enables Group 1, 2 or 3 entities to apply the requirements in a way that is proportionate to their circumstances “Minimal Viable Compliance” is not the same as proportionality and should not be the finish line […]
Key points BAS reporting is compliance; management reporting is decision-making Late visibility leads to late decisions which leads to underperformance and underinvestment Key value drivers to monitor monthly are margins, productivity, and working capital When a pharmacy fails, it rarely does so suddenly. Most failures are slow. Profits look acceptable. Sales may even be growing. […]
To mark International Women’s Day, Partners Sylvia Wallace, Jyotika Rangel and Melissa Alexander come together for an honest conversation on leadership, partnership and the future of accounting. From breaking down myths about making partner to exploring how the profession is evolving, they share what it really means to lead with purpose and grow your career. […]
Land tax assessment notices for the 2026 land tax year have started being issued by the State Revenue Office of Victoria. Land Tax for the 2026 land tax year is assessed based on the total taxable value (site value/unimproved value) of Victorian land owned by landholders as at 31 December 2025. Vacant Residential Land Tax, introduced last land tax […]
In the recent Full Federal Court’s decision in Commissioner of Taxation v S.N.A Group Pty Ltd [2026] FCAFC 10 (“S.N.A Group”), the ATO was successful in challenging the deductibility of intragroup service fees. In this case, payments described as ‘service fees’ continued to be paid after a written agreement between related parties to pay for […]
Key points Businesses providing certain real estate, legal and accounting services will be required to comply with AML/CTF Tranche 2 requirements from 1 July 2026 where these services are deemed to be ‘designated services’ under the Act. The reforms will also impact clients of these firms, who may be required to provide additional information before […]
Key points From 1 July 2026, employers must ensure superannuation contributions are received by employees’ funds within seven business days of each payday (Qualifying Earnings day). The ATO has released PCG 2026/1, setting out a risk-based compliance approach for the first year of the new regime (1 July 2026 – 30 June 2027). Businesses should […]
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