Nine Advisory Small Business Tax Update July 2026

Nine Advisory Small Business Tax Update July 2026

Sam Musgrave

This month we focus on several significant developments affecting employers, investors, business owners and SMSF trustees. 

While the Federal Budget was only handed down in May, the Government has already announced some changes to key proposals and we take a look at the latest developments. We highlight the commencement of Payday Super from 1 July 2026 and what employers need to do now to ensure they comply with more frequent superannuation payment obligations. We also examine the ATO’s increased scrutiny of personal services income arrangements and the practical steps business owners can take to reduce the risk of anti-avoidance rules applying. We explore the sharp rise in complaints to the Tax Ombudsman, including important developments around tax debt interest and penalty remission. Finally, we provide a practical checklist for SMSF trustees as a new financial year begin

Nine Advisory Payday Super Update

Sam Musgrave

From 1 July 2026, every pay run triggers a super obligation. Payday Super is now law - and it changes how every Australian employer handles superannuation. Here's what's changing, what it means for your cash flow, and exactly what you need to do before the deadline.

Nine Advisory Small Business Tax Update November 2025

Nine Advisory Small Business Tax Update November 2025

Sam Musgrave

This month brings a mix of tax reform, real-world lessons, and practical planning insights. We unpack the Government’s latest announcements on the proposed overhaul of the super tax rules that will reshape strategies for those with balances above $3 million. A recent tribunal decision also serves as a reminder that it is difficult to access tax relief for medical expenses, even when tied to income from a disability pension. For small businesses, proposed legislation extends the $20,000 instant asset write-off and introduces new transparency measures for companies and charities. And finally, we look at the rising threat of cybercrime — and what every business can do to strengthen its defences

Nine Advisory Small Business Tax Update July 2025

Nine Advisory Small Business Tax Update July 2025

Sam Musgrave

Division 296 is a proposed superannuation tax that would impose an extra 15% on earnings from balances over $3 million, potentially starting 1 July 2025. If legislated, individuals with large super balances should prepare by reviewing asset values, planning liquidity, and seeking tailored advice.

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