There were no major superannuation measures in the Budget, however the Division 296 ($3m super balance tax) legislation enacted in March 2026 will commence from 1 July this year. Clients should therefore consider the broader policy announcements and their potential implications for superannuation structures and long-term planning. Capital Gains Tax reform Changes to the Capital […]
The Budget continues the Government’s focus on tax system integrity, with new funding to strengthen the prevention, detection and response to fraud across the tax and superannuation systems. The Government will provide $86.3 million over four years from 1 July 2026, with ongoing funding of $9.7 million per year from 2030–31, to deliver Phase 2 […]
Victoria’s election-year Budget offers handouts but dodges hard choices Victorian Treasurer, Jaclyn Symes handed down her second Budget earlier today. It provides targeted cost of living relief but fails to address the increasing cost of doing business in Victoria or provide any relief from the significant tax burden that is now borne by Victorians, particularly […]
Welcome to Pitcher Perspective, where we cut through the noise and go in-depth on topics important to Australians. Want to be smarter about tax planning before year-end? In this episode, Wealth Partner Jordan Kennedy and Private Business Advisory Partner Ankit Sharma explore various beneficial tax planning options ranging from understanding superannuation contribution caps to business […]
Ali Suleyman, Elena Bogomolova, Peejade Cheng and Gary Matthews from Pitcher Partners Melbourne, present the annual Fringe Benefits Tax (FBT) Update. This session is designed to support you in preparing and lodging your FBT return for the year ended 31 March 2026. Our experts will help you refresh your knowledge in relation to key principles […]
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 […]
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 […]
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 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 […]
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