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The ATO focus on businesses that use cash to avoid obligations.
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From 1 July, you’ll need to calculate super contributions based on qualifying earnings instead of ordinary time earnings.
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Don’t miss the deadline! Be sure to make your minimum payment from your pension account by 30 June.
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How tax professionals can register to attend webinar sessions for the ATO app.
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Ask yourself these questions before you apply for lodgment deferrals.
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What the Super Fund Lookup (SFLU) compliance status means and how it affects your SMSF.
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From 1 June, study and training loan balances will be indexed at 2.8%. Indexation applies to the outstanding balance and is based on the lower of the Consumer Price Index or the Wage Price Index. Now is a timely opportunity to remind clients they can reduce their loan balance before indexation applies.
To ensure a voluntary repayment is processed in time, clients need to factor in payment processing. The ATO recommend that all voluntary repayments are made by 26 May. BPAY or credit card are the quickest and most reliable methods for meeting the deadline.
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Use the ATO’s business benchmarks to compare your clients’ performance with others in their industry. You and your clients can access the benchmarks via the ATO app’s business performance check tool.
Our 2025 benchmarks calculator has been updated with these new figures.
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The ATO’s latest media release explains recent changes to super fund stapling and what employers should consider when onboarding new employees.
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The ATO is emailing employers, encouraging them to act now to prepare for Payday Super. If your employer clients contact you about this, encourage them to view their new web content, which supports them during this critical changeover period by explaining what to do, how to plan ahead, and how to avoid issues when Payday Super begins.
