Our latest insights

Explore the recent announcements on Payday Superannuation reforms and the Superannuation Guarantee (SG) changes set to take effect from July 2026. This page outlines the new requirements for employers regarding Ordinary Time Earnings (OTE), details on late payment penalties, and key compliance strategies to prepare for these changes.

The USA is preparing reforms to its de minimis exemptions, a change that could significantly affect Australian retailers selling goods manufactured in China and exporting to the USA. With higher tariffs and stricter customs regulations on the horizon, businesses may face increased costs and compliance challenges, requiring a reassessment of supply chain strategies.

As we approach the end of Q1 FY25, it’s important consider how new and existing government grant programs could help your business achieve bigger, better, and faster outcomes.

The aged care overhaul is here, with major reforms shaping the future of care for older Australians. From funding shifts to enhanced home care options, these changes will require careful planning from businesses in the sector. Find out how the $5.6b investment into the quality, viability, and accessibility of aged care services and related reforms will affect providers and why strategic planning is crucial for the year ahead.

On 9 August 2024, the ATO sought to appeal a decision exempting PepsiCo from RWHT, highlighting its focus on taxing embedded royalties, IP, and applying DPT.

The Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2024 was passed by Parliament and received Royal Assent on 28 June 2024.

The Victorian Supreme Court of Appeal has confirmed the Commissioner’s assessment of stamp duty on an ‘arrangement’ involving the acquisition of shares by unrelated investors in a land holding SPV.

The Australian Taxation Office (ATO) continues its commitment to tax transparency and encouraging voluntary compliance by beginning to publishing data on R&D Tax Incentive claim outcomes.

The new financial year brings many changes and thresholds that trustees and members of a Self-Managed Super Fund (SMSF) need to be aware of.

Treasury is taking steps to ensure fairer tax treatment for foreign resident investors by tightening Australia's foreign resident Capital Gains Tax (CGT) regime. Proposed changes aim to broaden the CGT base and enhance integrity, impacting infrastructure, energy, agriculture, and more.

The Taxation Ruling TR 2023/4DC1 has been updated to include a draft appendix that expands the definition of ‘employee’ specifically for superannuation guarantee purposes.

On Tuesday 25 June 2024, Chief Minister Andrew Barr handed down the Territory’s Budget. A predicted $830.8m deficit for 2023-24 will likely return to an estimated surplus of $179.5m by 2027-28.