ATO Focuses on FBT Compliance: What Employers Need To Know
The Australian Taxation Office (ATO) continues to prioritise compliance with fringe benefits tax (FBT), using data-matching and risk-based reviews to reduce the FBT gap and correct non-compliance. Employers should be aware that vehicle benefits and related documentation are key areas of scrutiny going into the 2026 FBT year. The ATO’s own guidance highlights the importance […]
Payday Super: What Employers Need To Know Ahead of 1 July 2026
From 1 July 2026, Payday Super will require employers to pay superannuation at the same time as wages. This replaces the current system, where super can be paid monthly or quarterly. For employers who already make monthly super contributions, the change is unlikely to have a significant impact. However, for businesses that currently pay super […]
End of FBT Year: Tips for Minimising Fringe Benefits Tax
With the end of the FBT year fast approaching on 31 March 2026, now is the time for employers to review benefits, confirm records, and plan any last‑minute actions. Careful planning can help ensure you achieve the best outcome. Review employee benefits FBT can apply to a wide range of benefits provided to employees or […]
Why QBCC Covenants Matter — The Risks of Self-Reporting and the Importance of Professional Guidance
Meeting your QBCC financial covenants specifically Net Tangible Assets (NTA) and Current Ratio has never been more crucial for builders and construction businesses in Queensland. The Queensland Building and Construction Commission (QBCC) uses these metrics to assess the financial viability and compliance of your business with its licensing conditions. For Categories 1 to 7 licence […]
Voice for Victims Foundation Launch
Voice for Victims Foundation grew out of a grassroots movement started by Ben Cannon in 2021, after he was himself the victim of a violent crime. That movement sought to highlight shortcomings in a system that too often appeared to prioritise the rights of offenders over the needs of victims. Working with, and standing alongside, […]
Artificial Intelligence in Business: Opportunities and Considerations
Artificial intelligence has moved rapidly from experimental novelty to everyday business tool. Across industries, businesses are finding practical applications that streamline operations, reduce administrative burden, and free up time for higher-value work. But alongside the opportunities come genuine risks that need careful attention. Where AI is Making a Difference The most common uses of AI […]
Reviewing Your 2025/26 FY Business Goals: A Mid-Year Check-In
We’re now six months into the financial year, making this the perfect time to review your business goals and assess what’s working and what needs adjusting. A strategic mid-year review can determine whether you coast to June or finish strong. Why January Matters The start of the calendar year coincides with the midpoint of the […]
Payday Super: Less Than 6 Months to Prepare
From 1 July 2026, Australian employers must pay superannuation contributions at the same time they pay their employees’ wages. The legislation passed parliament in November 2025, giving businesses less than six months to prepare for a fundamental shift in how super is paid. Currently, employers pay super quarterly, with contributions due 28 days after quarter […]
Understanding GST & BAS Lodgement
Understanding Business Activity Statement lodgement requirements is fundamental to staying compliant and maintaining healthy cash flow. Getting your BAS timing right affects both your compliance standing and your working capital. The Basics: What Goes in Your BAS Your BAS reports and pays several key obligations to the ATO including GST collected and paid, PAYG withholding […]
Managing The Quarterly to Monthly Cash Flow Shift
The shift from quarterly to monthly thinking is where many businesses struggle. You might lodge quarterly, but your cash flow needs daily management. Treating your quarterly GST liability as a monthly obligation helps smooth out the lump-sum nature of quarterly payments. If your quarterly GST is typically $30,000, consider setting aside $10,000 per month. This […]