Tax | SmartCompany

“Postcode lottery”: Tax experts call for stamp duty certainty in trust tax proposal

David Adams — Thu, 09 Jul 2026 22:45:11 +0000

Experts fear the federal government's trust tax reforms, detailed in a new consultation paper, could disrupt small businesses.

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COSBOA rallies against trust tax reforms amid $50,000 restructuring fee warning for small businesses

David Adams — Tue, 07 Jul 2026 05:35:03 +0000

Trust tax reforms could force mum-and-dad entrepreneurs into restructures they can ill afford, says the Council of Small Business Organisations Australia.

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Deep tech sector warns R&D tax incentive changes will damage the industry

Tegan Jones — Tue, 07 Jul 2026 01:23:07 +0000

Australia's biotech, medtech and deep tech sectors are urging Treasurer Jim Chalmers to consult on the two proposed R&D tax incentive reforms announced in the budget.

The post Deep tech sector warns R&D tax incentive changes will damage the industry appeared first on SmartCompany.

ATO to set new small business debt targets to reduce $35.9 billion shortfall

David Adams — Wed, 01 Jul 2026 00:51:03 +0000

The Australian Taxation Office will set new targets for reducing collectable small business debt, after the national auditor found its current strategy is only "partly effective."

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Your next pay run must meet payday super rules

David Adams — Mon, 29 Jun 2026 23:52:45 +0000

Pay runs past July 1 must be payday super compliant, meaning employers have less than 24 hours to prepare their payroll systems.

The post Your next pay run must meet payday super rules appeared first on SmartCompany.

Making a last-minute business purchase before EOFY? Read the fine print first

David Adams — Mon, 29 Jun 2026 05:53:27 +0000

Business advocates say those looking to use the $20,000 instant asset write-off should read the fine print before spending big.

The post Making a last-minute business purchase before EOFY? Read the fine print first appeared first on SmartCompany.

What happens if you overpay payday super? The ATO has answers

David Adams — Mon, 29 Jun 2026 01:45:56 +0000

With payday superannuation just days away, the ATO on Friday confirmed employers will not be able to 'claw back' those overpayments.

The post What happens if you overpay payday super? The ATO has answers appeared first on SmartCompany.

Why payday super could trigger more ATO director penalty notices

Mrinaal Datt — Mon, 29 Jun 2026 01:04:19 +0000

The ATO issued a record number of director penalty notices last financial year, and new payday super rules from July 1 could significantly increase that figure.

The post Why payday super could trigger more ATO director penalty notices appeared first on SmartCompany.

July 1 changes Australian business need to know about

David Adams — Fri, 26 Jun 2026 05:26:18 +0000

Payday super, minimum wage rises, SMS sender ID rules and tax changes. Here's every July 1 change Australian businesses need to know.

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Chalmers hails “victory for workers” as CGT, negative gearing bill passes into law

David Adams — Fri, 26 Jun 2026 00:40:09 +0000

After weeks of heated debate, major reforms to capital gains tax and negative gearing have passed both houses of Parliament.

The post Chalmers hails “victory for workers” as CGT, negative gearing bill passes into law appeared first on SmartCompany.