Double the Super? Late payment offset removed for June 2026 quarter
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 […]
Payday Super – The hidden traps in changes to Maximum Contribution Base
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 […]
Will AI change the way customers choose their pharmacy?
Key points AI should support pharmacists, not replace them. Digital convenience will become a baseline customer expectation. Big groups may lead in AI enabled retail, but not necessarily personalised care. The future battleground is not just technology, it is convenience versus care. Artificial intelligence is no longer just a technology issue. For community pharmacy owners, […]
Employee share schemes and payroll tax: what Australian employers need to know
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 payroll tax dispute heads to the High Court of Australia
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 Vehicle (EV) tax concessions under review: what employers need to know
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 […]
R&D Tax Incentives: Getting the accounting right
Key points The refundable/non‑refundable distinction is the starting point for determining whether R&D offsets are accounted for as grants (AASB 120) or income taxes (AASB 112). Refundable offsets are usually accounted for as government grants, while non‑refundable offsets are typically treated as income tax. The most common problems are premature recognition, inconsistent policies and thin […]
Deal Pulse: Queensland M&A 2026
Pitcher Partners is pleased to present its 12th annual Deal Pulse, titled “Stay and play”, highlighting Queensland’s Merger & Acquisition (M&A) activity for calendar year 2025. Queensland recorded 264 transactions, marginally down from 272 deals in the prior year. Whilst volumes softened slightly, activity remained resilient and was anchored by industries supporting Queensland’s rapidly growing […]
Payday Super is here: 3 steps to ready your business
Key points From 1 July 2026, employees must receive their super within seven business days of payday Businesses should act now to review and update relevant internal processes to ensure compliance Strong internal controls and test pay cycles help prevent penalties and audit risks before go-live Superannuation Guarantee is a staple in payroll administration and the biggest shake-up in years is around the […]