Forty Two Advisory

The rules changed on 1 July 2026, and your compliance calendar needs to catch up.

Super is now due every payday, not quarterly, and must reach your employees' funds within 7 business days. The late lodgement penalty has risen to $364 per 28-day block. And interest on ATO debt is no longer tax-deductible, so an overdue BAS costs more than it used to.

We have updated our full guide to every ATO due date for 2026-27: quarterly BAS (and the extra month you get through a tax agent), income tax returns, FBT, TPAR, payday super and trust distribution deadlines, all in one calendar.

Read the updated guide: https://42advisory.com.au/42-advisory-blog/key-ato-due-dates-bas-payg-fbt-super-tpar

Choosing the right business advisor is one of the biggest decisions an owner makes. The right one helps you grow. The wrong one quietly costs you time and money.
With business exits in Australia at a four-year high, the quality of advice around you matters more than ever.
The problem? "Business advisor" means something different at every firm. So before you commit, compare them on five things:
✔ Service fit. Do they offer what you need now and as you grow?
✔ Advisor access. Who actually handles your account?
✔ Industry relevance. Have they worked with businesses like yours?
✔ Pricing transparency. Will they give you a fixed, written quote?
✔ Ongoing support. Do they review your numbers regularly, or only at year end?
And one step most people skip: check they are registered with the Tax Practitioners Board. It takes seconds and it protects you.
Our new guide breaks down the full framework, including a credentials checklist and the exact questions to ask in your first meeting.
Read it here 👉

How to Choose a Strategic Business Advisor in Australia Compare strategic business advisory firms in Australia on service fit, advisor access, pricing and support. A practical guide for SME owners and founders.

Service Trust Structures for Medical Practices: 2026 Guide How service trusts work for medical practices in 2026. ATO benchmarks under PCG 2025/5 compliance risks & practical review checklist. Melbourne CPA advisor

Tax-Effective Benefits for Business Owners and Directors Tax-effective employee benefits for SMEs, directors and owners. Learn how EVs, minor benefits and structure can reduce FBT and improve after-tax outcomes.

Sole Trader Structure in Australia: Pros, Cons and Tax Implications Sole trader structure in Australia explained. Learn the pros, cons, tax implications, and when to restructure as your business grows.

Revenue Recognition Rules for SaaS: How to Stay Compliant Most SaaS founders misstate revenue under AASB 15. Learn how to recognise recurring income correctly, stay ATO-compliant, and build investor confidence.

The Ultimate Guide to Accounting for SaaS & IT Businesses in Australia A practical guide to accounting for SaaS and IT businesses in Australia. Covers subscription revenue, GST, payroll, cashflow and scaling in 2026.

Property Tax Accountant Melbourne | Avoid ATO Traps Melbourne investors — avoid costly ATO property tax mistakes. Learn how a property tax accountant helps maximise your after-tax returns.

E-Commerce Accounting Mistakes That Cost You Money Avoid costly e-commerce accounting mistakes. Learn how Australian online businesses fix chargebacks, GST, inventory & tax with expert ecommerce accountants

How to Set Up Xero for Shopify (Australia Guide 2026) Step-by-step guide for Australian e-commerce stores to set up Shopify & Xero. Manage GST, BAS, and automation with Melbourne e-commerce accounting experts.