This month we step through the newly enacted Division 296 superannuation tax—what it means for those with large super balances, how it will operate in practice, and the planning opportunities now available. We also bring a clear message for business owners and high-wealth individuals: long-standing assumptions are being tested, with the ATO and courts setting […]
We’re writing to make sure you’re aware of a significant change to how superannuation must be paid, starting 1 July 2026. Currently, super guarantee (SG) contributions can be paid quarterly (within 28 days of the end of each quarter). Under the new Payday Super rules, you’ll be required to pay super at the same time […]
This month we focus on key developments and practical guidance for business owners, property holders, and SMSF trustees navigating complex tax obligations. We begin with a deep dive into Director Penalty Notices (DPNs), highlighting the Tax Ombudsman’s review in response to a 136% surge in notices and the personal risks directors face if company taxes […]
This month brings a mix of tax reform, real-world lessons, and practical planning insights. We unpack the Government’s latest announcements on the proposed overhaul of the super tax rules that will reshape strategies for those with balances above $3 million. A recent tribunal decision also serves as a reminder that it is difficult to access […]