Other Budget Measures for Small Business: Instant Write-Offs, $1,000 Deductions and Cash-Flow Support
Not every Budget change is about CGT and trusts The 2026-27 Federal Budget includes several measures that are directly relevant to small business owners, companies, partnerships, sole traders and start-ups. While the CGT and trust changes have attracted much of the attention, there are also measures aimed at deductions, depreciation, business losses, PAYG instalments and […]
Trust Changes: What the New 30% Minimum Tax Means for Family Trusts
A major change for discretionary trusts Discretionary trusts, including family trusts, have long been a common structure for small business owners, family groups, investors and professional practices. They are often used for asset protection, succession planning and flexible income distribution. The 2026-27 Federal Budget proposes a major change to that flexibility. From 1 July 2028, […]
CGT Changes: What Small Business Owners and Property Investors Need to Know
The biggest CGT change in years The 2026-27 Federal Budget proposes a significant change to the way capital gains tax is calculated for individuals, trusts and partnerships. From 1 July 2027, the current 50% CGT discount for assets held for more than 12 months will be replaced with cost base indexation, together with a 30% […]
FBT and Electric Vehicles: What the Budget Changes Mean for Employers
EV benefits remain attractive, but the full exemption is being wound back Electric vehicles have become a popular employee benefit, particularly through novated leases and employer-provided vehicles. For many employees, the existing fringe benefits tax concession has made an EV significantly more affordable. For employers, it has also been a useful way to offer a […]
Payday Super starts on 1 July 2026: what employers need to do now
From 1 July 2026, the way employers pay superannuation guarantee will change significantly. Under the new Payday Super rules, employers will generally need to pay employees’ super at the same time as wages, rather than paying super quarterly. With the start date now only weeks away, this is no longer a future planning issue. Employers […]
Trusts Explained Simply: When Do They Make Sense?
Trusts are frequently discussed in business and family conversations, yet they are often not clearly understood. For some, they seem complex and legalistic. For others, they are assumed to be automatic tax-saving tools. In reality, a trust is neither mysterious nor magical. It is simply a structure – and like any structure, it works well […]
Superannuation Guarantee Obligations: What Employers Need to Get Right
For many employers, superannuation guarantee (SG) contributions are simply part of payroll. The percentage is calculated, payments are processed, and the process repeats each quarter. Yet we often find that superannuation compliance is not as straightforward as it first appears. Errors usually don’t arise from avoidance. They arise from misunderstanding – particularly around eligibility, timing, […]
The ATO’s New Guidance on Personal Services Businesses: what it means, and what to do
The Australian Taxation Office (ATO) has released new guidance explaining how it looks at personal services businesses (PSBs) and when the general anti-avoidance rules – known as Part IVA – might apply. The aim isn’t to ‘catch people out,’ but to set clearer expectations so taxpayers and advisors can make well-informed, sustainable decisions. If you […]
Gentle New Year Resolutions for your Business (Without Switching Back On Yet)
The period between Christmas and New Year can feel like a strange in-between space. You are not quite in holiday mode, but you are not ready to fully switch back into business mode either. This is actually a perfect time for gentle reflection – the kind that sets your mindset up for a strong year […]
How Business Owners Can Genuinely Switch Off Over the Christmas Break
For many business owners, Christmas isn’t just a holiday – it is a tug-of-war between wanting to rest and feeling responsible for everything you are stepping away from. Whether you are closing for two weeks or only taking the public holidays, switching off is less about how long you are away and more about how […]