RA Advisory Business Accountants

Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12 May 2026 there has been a significant amount of commentary on some of the more controversial proposals, including the decision to replace the CGT discount with an indexation system and impose a 30% minimum tax rate on discretionary trusts.

Read more: https://raadvisory.com.au/news/updates-to-budget-measures-and-new-developments/

Updates to Budget Measures and New Developments - RA Advisory Business Accountants Updates to Budget Measures and New Developments   Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12 May 2026 there has been a significant amount of commentary on some of the more controversial proposals, including the decision to replace the CGT discount with an indexation sy...

Employers must pay their super obligations each payday from 1 July. If your business is not ready, the risks include:

- Delays in super payments, as they must reach your employee’s super fund within 7 business days of payday. This timeframe isn't extended if there's an error or rejected payment.
- Impacts to cash flow from more frequent super payments.
- Issues with systems and processes, as making late changes to payroll systems and processes increases the likelihood of errors and delays.

Read more: https://raadvisory.com.au/news/dont-risk-being-unprepared-act-before-payday-super-starts/

raadvisory.com.au

When earning income through digital platforms or apps, you may need to include it in your tax return.

Money you earn through digital platforms or apps is sharing economy income, and you need to report it in your tax return.

Read more: https://raadvisory.com.au/news/how-to-report-all-income-you-earn-online-when-you-lodge/

How to report all income you earn online when you lodge - RA Advisory Business Accountants How to report all income you earn online when you lodge   When earning income through digital platforms or apps, you may need to include it in your tax return. Money you earn through digital platforms or apps is sharing economy income, and you need

The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), following recommendations from the Statutory Review of the Electric Car Discount released in May 2026.

Read more: https://raadvisory.com.au/news/government-to-wind-back-electric-vehicle-fbt-exemption-in-three-stages/

Government to wind back electric vehicle FBT exemption in three stages - RA Advisory Business Accountants Government to wind back electric vehicle FBT exemption in three stages   The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), following recommendations from the Statutory Review of the Electric Car Discount released in May 2...

The end of the financial year is fast approaching. For SMSF members and trustees, a few timely checks now can avoid headaches later and help preserve valuable tax and contribution opportunities. Below is a checklist of the things members and trustees should consider before 30 June.

Read more: https://raadvisory.com.au/news/ending-card-surcharges-what-you-need-to-know-before-1-october-2026/

Ending card surcharges: What you need to know before 1 October 2026 - RA Advisory Business Accountants Ending card surcharges: What you need to know before 1 October 2026   The Reserve Bank of Australia (RBA) has confirmed that all surcharges on credit and debit card payments — across eftpos, Mastercard and Visa — will be banned from 1 October 2026. This represents one of the most significant up...

The end of the financial year is fast approaching. For SMSF members and trustees, a few timely checks now can avoid headaches later and help preserve valuable tax and contribution opportunities. Below is a checklist of the things members and trustees should consider before 30 June.

Read more: https://raadvisory.com.au/news/smsf-year-end-reminder-what-to-check-before-30-june/

SMSF year end reminder — what to check before 30 June - RA Advisory Business Accountants SMSF year end reminder — what to check before 30 June   The end of the financial year is fast approaching. For SMSF members and trustees, a few timely checks now can avoid headaches later and help preserve valuable tax and contribution opportunities. Below is a checklist of the things members and...

The ATO has announced a significant update that will affect anyone using electric vehicles (EVs) or plug-in hybrid electric vehicles (PHEVs) for work or fleet purposes and where the vehicle is charged at the relevant individual’s home.

From 1 April 2026 (for FBT purposes) or from 1 July 2026 (for income tax purposes), the ATO’s standard home-charging electricity rate will increase from 4.20 cents per kilometre to 5.47 s.

Read more: https://raadvisory.com.au/news/ato-updates-ev-home-charging-rate-what-it-means-for-you/

ATO Updates EV Home Charging Rate: What It Means for You - RA Advisory Business Accountants ATO Updates EV Home Charging Rate: What It Means for You   The ATO has announced a significant update that will affect anyone using electric vehicles (EVs) or plug-in hybrid electric vehicles (PHEVs) for work or fleet purposes and where the vehicle is charged at the relevant individual’s home. Fr...

From 1 July, you’ll need to calculate super contributions based on qualifying earnings instead of ordinary time earnings.

As an employer, you currently have to calculate and pay super based on your employees' ordinary time earnings (OTE).

Read more: https://raadvisory.com.au/news/qualifying-earnings-the-new-way-to-calculate-super/

Qualifying earnings: the new way to calculate super - RA Advisory Business Accountants Qualifying earnings: the new way to calculate super From 1 July, you’ll need to calculate super contributions based on qualifying earnings instead of ordinary time earnings. As an employer, you currently have to calculate and pay super based on your employees' ordinary time earnings (OTE). However...

Deputy Commissioner Emma Rosenzweig busts some Payday Super myths. With just 3 months to go until Payday Super begins, she has been hearing a lot of questions from employers, and a few common myths too.

Read more: https://raadvisory.com.au/news/fact-or-fiction-what-you-can-expect-with-payday-super/

Fact or fiction? What you can expect with Payday Super - RA Advisory Business Accountants Fact or fiction? What you can expect with Payday Super Deputy Commissioner Emma Rosenzweig busts some Payday Super myths. With just 3 months to go until Payday Super begins, she has been hearing a lot of questions from employers, and a few common myths too. Let’s clear up a few of the biggest misc...