Taxopia

Taxable Payments Annual Report (TPAR) is due 28 August.

If you pay subcontractors in building and construction, cleaning, courier or road freight, information technology, or security, this may apply to you. Businesses offering a mix of services can also be caught.

If you are not sure whether it applies to your business, consider speaking with your accountant.

Full article here: https://taxopia.com.au/blog/behind-on-tax-what-ato-interest-penalties-and-director-exposure-now-cost-you/

Carrying an ATO debt now costs more than many people realise. The interest is no longer deductible, it compounds daily, and a payment plan does not pause it.

The article covers what that means for a tax debt, plus a separate exposure directors should know about.

Read the full article here: https://taxopia.com.au/blog/end-of-financial-year-compliance-checkpoint-what-employers-and-business-owners-should-confirm-before-30-june/

The 2026 financial year closes on 30 June, and a few employer obligations tend to land at once. Superannuation contributions need to reach the fund, not just be paid, if you want the deduction this year. The Small Business Superannuation Clearing House also closes for good on 30 June, so anyone still using it needs a new arrangement in place. Add WorkCover declarations, payroll tax, and Single Touch Payroll finalisation, and there is a fair amount to confirm before the deadline.

We have set it all out in one place, including a quick reference table.

If you are unsure how any of this applies to your business, consider speaking with your accountant before 30 June.

https://taxopia.com.au/blog/superannuation-payment-timing-before-30-june-what-employers-need-to-know/
If your business uses the ATO Small Business Superannuation Clearing House to pay employee super, there is something to act on before 30 June.

The clearing house closes permanently on 30 June 2026. The final quarterly super payment for April to June cannot be processed through it after that date, and the replacement needs to be in place before then.

The article covers the fourth-quarter deadline, what changes under Payday Super from 1 July, and the steps employers should take before the financial year ends.

Read the full article: https://taxopia.com.au/blog/superannuation-payment-timing-before-30-june-what-employers-need-to-know/

Read the article: https://taxopia.com.au/blog/end-of-financial-year-cash-flow-planning-what-business-owners-should-review-before-30-june/
Before making business decisions ahead of 30 June, it is worth checking whether your cash flow can support them.

End of Financial Year planning is not only about deductions. Business owners should also review unpaid invoices, payroll, superannuation, supplier payments, Australian Taxation Office obligations, stock and planned spending.

See what to review before year-end.

If your company employs staff, unpaid or late superannuation can create risk for directors personally. Read the article here: https://taxopia.com.au/blog/payday-super-and-director-risk-why-superannuation-payment-timing-matters/

From 1 July 2026, employers will need to pay Superannuation Guarantee contributions closer to payday, rather than relying on the current quarterly payment cycle.

For company directors, this is not just a payroll administration issue.

In 2023 to 2024, the Australian Taxation Office issued 8,710 Director Penalty Notices relating to unpaid Superannuation Guarantee Charge, involving 6,500 companies.

This does not mean every late superannuation payment will result in a Director Penalty Notice. However, it does show that unpaid superannuation is already an active compliance area.

The practical question for employers is simple: can your business reliably calculate, fund, pay and check superannuation each pay cycle?

If you are unsure, consider speaking with your accountant before 1 July 2026.

The 2026–27 Federal Budget includes several tax, business, property and cost-of-living measures that may be relevant for small businesses, investors, family groups, employers and individuals.

Key areas to review include:

• the permanent $20,000 instant asset write-off
• proposed changes to negative gearing
• proposed capital gains tax changes from 1 July 2027
• the proposed 30% minimum tax for discretionary trusts from 1 July 2028
• the $1,000 instant deduction for work-related expenses
• PAYG instalment flexibility
• fuel, freight and supply chain measures that may affect business costs

The impact will depend on your structure, income, assets, timing and eligibility.

Read the full article here: https://taxopia.com.au/blog/2026-27-federal-budget-key-tax-and-business-measures/

Before making business, tax, property or investment decisions, consider speaking with your accountant.

The new $3 million super tax rules have attracted a lot of attention, but the change is narrower than many headlines suggest.

From 1 July 2026, Division 296 applies an additional tax to certain earnings linked to the portion of a person’s total superannuation balance above $3 million.

For most people, this will not apply.

For those who may be affected, the key issue is not panic or quick decisions. It is about understanding how the rules work, how the calculation is made, and whether there may be any tax or cash-flow implications based on the assets held in super.

We have prepared a short article explaining what has changed, who may need to review their position, and what this does not mean in practice.

https://taxopia.com.au/blog/3-million-super-tax-changes-what-higher-balance-members-need-to-know/

FBT lodgement dates are coming up for the year ended 31 March 2026.

If you are an employer and have provided non-cash benefits to employees or their associates, such as motor vehicle use, entertainment, parking, or other fringe benefits, now is the time to review whether an FBT return is required.

For most employers, the key due date is 21 May 2026.

If your registered tax agent lodges electronically and the relevant lodgement requirements are met, the due date may extend to 25 June 2026.

It is also a good time to check your records, confirm any reportable fringe benefits, and review whether exemptions or concessions may apply.

For general information only. Your lodgement obligations may depend on your circumstances.

Around 1 in 5 employees have experienced superannuation being paid late or not in full at some point.

This is the basis of the “20%” figure often referenced in discussions about Payday Super.

In many cases, this is not intentional. It can result from payroll timing, processing errors, or systems built around quarterly payment cycles.

From 1 July 2026, the rules change.

Superannuation will be required to be paid on each payday, rather than quarterly.

This shifts super from a periodic obligation to a real-time payroll requirement, reducing the ability to correct delays after the fact.

For employers, this may require changes to payroll processes and systems.

For employees, it changes when super contributions are expected to be received.