Articles

New identity verification requirements – Anti Money Laundering Rules from 1 July 2026

New identity verification requirements – Anti Money Laundering Rules from 1 July 2026

As of 1 July 2026, new Australian anti-money laundering and counter-terrorism financing (AML/CTF) laws apply to many of the services provided by all accounting firms. Similar to banks, we may now need to verify your identity and, in some cases, ask additional questions about ownership structures, the source of funds, or the purpose of certain […]

Payday Super is Coming – how to prepare

Payday Super is Coming – how to prepare

From 1 July 2026, employers will need to pay super at the same time as wages instead of quarterly. Super contributions will need to be received by employee super funds within 7 business days of payday. This means businesses should start preparing now by: Checking payroll software supports Payday Super Confirming employee super fund details […]

Budget Update – Proposed (BIG!) Tax Changes Explained

Budget Update – Proposed (BIG!) Tax Changes Explained

The 2026-27 Federal Budget includes some of the most significant proposed tax changes seen in decades. Many of them will have significant impact for business owners and non-business owners. In the words of our CEO, “It’s just unbelievable.” Most of these measures still need to pass through Parliament before becoming law. As that happens, we’ll […]

Important update:  The Small Business Super Clearing House (SBSCH) will be closing from 1 July 2026

Important update: The Small Business Super Clearing House (SBSCH) will be closing from 1 July 2026

What this means for you as an employer: From 1 July 2026: The SBSCH will no longer be available You will need to adopt an alternative super clearing solution Your super obligations remain unchanged (timing, accuracy and reporting) Your Options Moving Forward We’ve outlined the available options in the attached ‘SBSCH Closure – Super Clearing […]

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