Marcos Advisory

What we're seeing right now: businesses treating ATO debt like it'll sort itself out.

It won't – and it just got more expensive to ignore. The ATO's general interest charge is no longer tax deductible, so any balance you're sitting on is compounding without even the small offset of a deduction to soften it.

If cash flow's tight this quarter, the earlier you talk to us about it, the more options are on the table – payment plans, restructuring, timing decisions. The version where you wait until it's a crisis is always the expensive one.

This is the CFO side of what we do, not just the compliance side. Come talk to us before it becomes a bigger problem than it needs to be. ⬇️

Has your SMSF just become more expensive to run?

Since 1 July 2026, self-managed super funds with balances over $3 million face a new tax under Division 296 – 30% on earnings between $3–10 million, 40% above $10 million. Both thresholds are indexed, so they'll move with inflation rather than staying fixed forever.

The good news: the original plan to tax unrealised gains was dropped. The tax is assessed on you as an individual, not the fund, and the first assessment year isn't until 30 June 2027 – so there's genuine time to plan properly, if you start now.

Not sure where your fund actually sits? Take our free 2-minute SMSF Health Check: https://form.typeform.com/to/b2v6nn3g

No obligation, just clarity.

New parents: your superannuation doesn't have to pause when you do.

If you've cared for a child born or adopted from 1 July 2025 and received Parental Leave Pay through Services Australia, the ATO now pays a super contribution on top of it automatically – no forms, no application. The rate lines up with the Super Guarantee, plus a bit of interest.

Employers don't wear any of the cost – it's fully government-funded – so there's nothing extra for businesses to manage here. It's a genuinely good-news change, and one a lot of families don't know exists yet.

We've broken down exactly how it works, who qualifies, and when payments land on our blog (link below). Worth a read before you assume your super's on hold during leave.



https://marcos.com.au/about-the-paid-parental-leave-super-contribution/

Payday Super is live – and the ATO doesn't care that it wasn't your fault.

Since 1 July, employers have just 7 business days to get super contributions into an employee's fund. Miss it – even because of a wrong USI, a mismatched name or an old TFN – and the Super Guarantee Charge kicks in. Daily interest. Admin penalties of up to 60%.

The fix is usually simple: check the rejection reason, verify the employee's fund details, and resubmit inside the window. The hard part is having a process that catches it before the deadline blows out.

One small win – the Super Guarantee Charge itself is now tax deductible. The penalties on top of it aren't.

Read the full breakdown on our blog, or get in touch if you'd rather we just bulletproof your payroll process for you. https://marcos.com.au/fix-rejected-payday-super-contributions/

How to Fix Rejected Payday Super Contributions | Marcos Advisory Rejected super contribution? Learn the common causes, how to correct errors quickly and meet Payday Super deadlines from 1 July 2026.

Juggling Multiple Jobs? How to Avoid a Tax Time Surprise

Working multiple jobs, freelancing, or earning gig economy income? Learn how the tax-free threshold, PAYG instalments, and HECS/HELP repayments can affect your tax return.

Juggling Multiple Jobs? How to Avoid a Tax Time Surprise - Marcos Advisory Working multiple jobs, freelancing, or earning gig economy income? Learn how the tax-free threshold, PAYG instalments, and HECS/HELP repayments can affect your tax return.

Thinking of lodging your tax return on 1 July? The ATO has a clear message this year: slow down and get your return right the first time.

Don’t rush to lodge too early this tax time! - Marcos Advisory Thinking of lodging your tax return on 1 July? The ATO has a clear message this year: slow down and get your return right the first time.

Today marks our hardworking Cassie's 19 year anniversary with the team!

🚨 Payday Super starts 1 July 2026 — are you ready?
From next year, employers will need to pay super on each payday, not quarterly. Contributions must reach employees’ super funds within 7 business days, and super will be calculated using a new concept called qualifying earnings (QE).

This change has major implications for:

✅ Payroll systems
✅ Cash flow
✅ Compliance risk

Now is the time for employers to review their processes and plan the transition.

Read our Employer’s Guide to Payday Super to learn what’s changing and how to prepare.

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Employer’s Guide to Payday Super | Changes coming 1 July 2026 - Marcos Advisory Payday Super starts 1 July 2026. Learn what employers must do, key dates, qualifying earnings, and how to prepare for the transition.

For the more than three million Australians with a student loan, there's welcome news that could significantly lighten your financial load.

Student loan debts: what you need to know about the latest changes - Marcos Advisory For the more than three million Australians with a student loan, there's welcome news that could significantly lighten your financial load.

Support for rebuilding after natural disasters – There’s help available if you’ve lost your home, property or business to a natural disaster.

Support for rebuilding after natural disasters - Marcos Advisory There’s help available if you’ve lost your home, property or business to a natural disaster.