# Allan Hall — Full AI Guidance > Allan Hall Business Advisors Official site: https://allanhall.com.au/ Generated: 2026-08-11 02:05:53 UTC ## Purpose This file gives AI assistants a fuller Markdown-readable overview of public site content. ## Primary URLs - [Home](https://allanhall.com.au/) - [Posts](https://allanhall.com.au) - [Sitemap](https://allanhall.com.au/sitemap.xml) ## Topics - [Audit](https://allanhall.com.au/auditor/) — Audit and Assurance - [Bookkeeping](https://allanhall.com.au/bookkeeping/) — Bookkeeping - [Business Advisory](https://allanhall.com.au/business-advisors/) — Business Advisory - [Chartered Accounting](https://allanhall.com.au/chartered-accounting/) — Chartered Accounting - [Financial Planning](https://allanhall.com.au/financial-planning-and-advice/) — Financial Planning - [Financial Services](https://allanhall.com.au/financial-services/) — Financial Services - [HR Services](https://allanhall.com.au/hr-services/) — Human Resources - [International Services](https://allanhall.com.au/international-services/) — International Services - [Our Community](https://allanhall.com.au/our-community/) — Our Community - [SMSF](https://allanhall.com.au/smsf/) — SMSF – Self Managed Super Fund - [Tax](https://allanhall.com.au/tax-accounting/) — Tax Accounting ## Content index - [Coming back to their forever home](https://allanhall.com.au/coming-back-to-their-forever-home/) — Post - [Client Managers](https://allanhall.com.au/client-managers/) — Page - [Our International Services Team](https://allanhall.com.au/international-business-strategy/international-services-team/) — Page - [Strengthening International Relationships in Bali](https://allanhall.com.au/strengthening-international-relationships-in-bali/) — Post - [Current Internal Vacancies](https://allanhall.com.au/careers/current-vacancies/) — Page - [Minimum Wages Increase from 1 July 2026](https://allanhall.com.au/minimum-wages-increase-from-1-july-2026/) — Post - [2026 A SpaceX Odyssey](https://allanhall.com.au/2026-a-spacex-odyssey/) — Post - [Sign my documents](https://allanhall.com.au/client-portal-login/fusesign/) — Page - [Northern Beaches Business to Business Grants now open](https://allanhall.com.au/northern-beaches-business-to-business-grants-now-open/) — Post - [Australian Tax Reform Update](https://allanhall.com.au/australian-tax-reform-update/) — Post - [SMSF Residential Property Borrowing Ban](https://allanhall.com.au/smsf-residential-property-borrowing-ban/) — Post - [Temporary Fuel Excise Relief extended throughout July](https://allanhall.com.au/temporary-fuel-excise-relief-extended-throughout-july/) — Post - [Australian Accounting Awards Photo Highlights](https://allanhall.com.au/australian-accounting-awards-photo-highlights/) — Post - [Contact Us](https://allanhall.com.au/contact-us/) — Page - [Capital Gains carve-outs announced for small businesses, startups](https://allanhall.com.au/capital-gains-carve-outs-announced-for-small-businesses-startups/) — Post - [Fuel tax credit rates change](https://allanhall.com.au/fuel-tax-credit-rates-change/) — Post - [Allan Hall Business Advisors celebrates dual honours at accounting awards](https://allanhall.com.au/allan-hall-business-advisors-celebrates-dual-honours-at-accounting-awards/) — Post - [Important year-end superannuation considerations for 2025-26](https://allanhall.com.au/important-year-end-superannuation-considerations-for-2025-26/) — Post - [Awards](https://allanhall.com.au/awards/) — Page - [Home](https://allanhall.com.au/) — Page - [ACT NOW Ensure your super is in order before 30 June 2026](https://allanhall.com.au/ensure-your-super-is-in-order-before-30-june-2026/) — Post - [June Super Contributions and Payday Super](https://allanhall.com.au/june-super-contributions-and-payday-super/) — Post - [Instant asset write-off now permanent for small business](https://allanhall.com.au/instant-asset-write-off-now-permanent-for-small-business/) — Post - [The Giga-IPO Shockwave: How Fast-Track Index Rules Could Spark a Trading Frenzy](https://allanhall.com.au/the-giga-ipo-shockwave-how-fast-track-index-rules-could-spark-a-trading-frenzy/) — Post - [Electric Car Discount changes ahead](https://allanhall.com.au/electric-car-discount-changes-ahead/) — Post - [Our Directors](https://allanhall.com.au/our-directors/) — Page - [Current Vacancies With Our Clients](https://allanhall.com.au/careers/current-client-vacancies/) — Page - [Current Vacancies with Allan Hall](https://allanhall.com.au/careers/current-vacancies-jobber-archive/) — Page - [What the Proposed Negative Gearing & CGT Changes Could Mean for Property Investors](https://allanhall.com.au/what-the-proposed-negative-gearing-cgt-changes-could-mean-for-property-investors/) — Post - [Trust Distribution Reminder 30 June 2026](https://allanhall.com.au/trust-distribution-reminder-30-june-2026/) — Post - [2026–27 Federal Budget Highlights](https://allanhall.com.au/2026-27-federal-budget-highlights/) — Post - [Allan Hall renews LocalKind partnership](https://allanhall.com.au/allan-hall-renews-localkind-partnership/) — Post - [Payday Super compliance drives HR, Payroll rethink](https://allanhall.com.au/payday-super-compliance-drives-hr-payroll-rethink/) — Post - [Super Contribution Caps increase 1 July 2026](https://allanhall.com.au/super-contribution-caps-increase-1-july-2026/) — Post - [SMSFs urged to get ready for Payday Super](https://allanhall.com.au/smsfs-urged-to-get-ready-for-payday-super/) — Post - [Client Alert: Division 296 Super Tax Legislation Passed](https://allanhall.com.au/client-alert-division-296-super-tax-legislation-passed/) — Post - [ATO Role in the National Fuel Security Plan](https://allanhall.com.au/ato-role-in-the-national-fuel-security-plan/) — Post - [Why Payday Super Raises the Stakes for Company Directors](https://allanhall.com.au/why-payday-super-raises-the-stakes-for-company-directors/) — Post - [SG Calculations are Changing with Payday Super](https://allanhall.com.au/sg-calculations-are-changing-with-payday-super/) — Post - [FBT pressure points: where employers are getting caught](https://allanhall.com.au/fbt-pressure-points-where-employers-are-getting-caught/) — Post - [Good Debt vs Bad Debt: When Not to Pay Off Your Debt](https://allanhall.com.au/good-debt-vs-bad-debt-when-not-to-pay-off-your-debt/) — Post - [Payday Super: The Cash Flow Shift Every Business Needs to Prepare For](https://allanhall.com.au/payday-super-the-cash-flow-shift-every-business-needs-to-prepare-for/) — Post - [Payroll is about to get busier with Payday Super](https://allanhall.com.au/payroll-is-about-to-get-busier-with-payday-super/) — Post - [Allan Hall Recognised in 2026 Client Choice Awards](https://allanhall.com.au/allan-hall-recognised-in-2026-client-choice-awards/) — Post - [Payday Super Penalty Framework and What’s at Stake for Employers](https://allanhall.com.au/payday-super-compliance-and-penalties/) — Post - [Our Superannuation team](https://allanhall.com.au/self-managed-super-funds/our-smsf-team/) — Page - [Superannuation](https://allanhall.com.au/self-managed-super-funds/) — Page - [Moving Super Payments Before SBSCH Switches Off](https://allanhall.com.au/moving-super-payments-before-sbsch-switches-off/) — Post - [The Iran War & Markets: March Update](https://allanhall.com.au/the-iran-war-markets-march-update/) — Post - [Q&A Impact of the US-Iran war on economies and markets](https://allanhall.com.au/qa-impact-of-the-us-iran-war-on-economies-and-markets/) — Post - [The 6 Payday Super Changes that could Hit Your Cash Flow Hardest](https://allanhall.com.au/the-6-payday-super-changes-that-could-hit-your-cash-flow-hardest/) — Post - [Payday Super July 2026: How Your Business Needs to Prepare Now](https://allanhall.com.au/payday-super-july-2026-how-your-business-needs-to-prepare-now/) — Post - [Reminder that Wage Theft Offences Now in Force](https://allanhall.com.au/reminder-that-wage-theft-offences-now-in-force/) — Post - [ANZAC Day 2026: What NSW Employers Need to Know About the New Monday Public Holiday](https://allanhall.com.au/anzac-day-2026-what-nsw-employers-need-to-know-about-the-new-monday-public-holiday/) — Post - [Payday super proposed](https://allanhall.com.au/payday-super-proposed/) — Post - [Payday Super legislation introduced](https://allanhall.com.au/payday-super-legislation-introduced/) — Post - [Payday Super receives Royal Assent](https://allanhall.com.au/payday-super-receives-royal-assent/) — Post - [RBA lifts cash rate as inflation stays stubborn](https://allanhall.com.au/rba-lifts-cash-rate-as-inflation-stays-stubborn/) — Post - [Proposed Super Tax to squeeze Professionals and High Net-Worth Households](https://allanhall.com.au/proposed-super-tax-to-squeeze-professionals-and-high-net-worth-households/) — Post ## Public content details ### Coming back to their forever home URL: https://allanhall.com.au/coming-back-to-their-forever-home/ Type: Post Updated: 2026-08-04 Summary: Discover how Allan Hall Finance helped returning Australians navigate foreign income lending challenges to secure their forever family home. How careful planning and persistence helped an Australian family secure finance after more than a decade overseas After spending more than a decade living overseas, our clients had decided it was time to bring their family home to Australia and wanted to buy their forever family home. They had built successful businesses abroad, were financially secure and were ready for the next chapter and whilst it seemed straightforward for them, in reality, it was anything but. Although they had strong incomes through their overseas businesses, they had no recent Australian employment history. As self-employed business owners earning foreign income, they quickly discovered that most Australian lenders simply wouldn't consider their situation and the ones that do, didn't allow them to borrow what they needed. We focused on building a strategy and put a plan in place that would position the clients as strongly as possible before they even returned to Australia. We discussed timelines, mapped out the steps ahead and continually reviewed their circumstances as things evolved. "Throughout the process over several months, we spoke with multiple lenders, workshopped their unique scenario and explored policy exceptions," said Allan Hall Finance Mortgage Broker Mitchell Cleary. "Time after time we heard 'no' from lenders whose policies simply didn't accommodate their situation and then, eventually, we identified a lender that understood the strength of the clients overall financial position and was willing to look at the application and take a common sense approach." Because the groundwork had already been done, our clients were able to obtain a pre-approval and move quickly on the property that they eventually purchased. From our first conversations through to settlement, the journey spanned six years. There were changing circumstances, evolving lender policies and plenty of challenges to navigate but throughout the process the focus remained the same, helping our clients achieve their long term goals. At Allan Hall Finance, we want to understand where the clients want to be in five, ten or even 20 years time and work towards that. In this example, we're already working together on securing finance for their first investment property. We are focused on building long standing relationships with all our clients and not treating each loan as a one-off transaction. Planning your return to Australia? If foreign income, self-employment or limited Australian employment history is making finance more complex, speak with Allan Hall Finance. We’ll take the time to understand your long-term goals, explore the available options and build a lending strategy to help you move forward. CONTACT ALLAN HALL FINANCE ### Client Managers URL: https://allanhall.com.au/client-managers/ Type: Page Updated: 2026-07-29 Summary: Client Managers Liu He Senior Client Manager, Business Services Full profile » Anita Hudson Senior Client Manager, Business Services Full profile » Sunil Chawla Senior Client Manager, Superannuation… Client Managers Liu He Senior Client Manager, Business Services Full profile » Anita Hudson Senior Client Manager, Business Services Full profile » Sunil Chawla Senior Client Manager, Superannuation Full profile » Michael Tung Client Manager Full profile » Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. Alliott Global Alliance is a dynamic network of accounting and law firms worldwide. As members, we collaborate with peers across jurisdictions to support and guide our clients expanding their businesses locally and internationally.  Read more ### Our International Services Team URL: https://allanhall.com.au/international-business-strategy/international-services-team/ Type: Page Updated: 2026-07-21 Summary: Our International Services Team Local team, global vision If you are considering entering the Australian market or expanding your business offshore, Allan Hall has a highly skilled and… Our International Services Team Local team, global vision If you are considering entering the Australian market or expanding your business offshore, Allan Hall has a highly skilled and experienced team in International Services. Contact our International Services team: Phone +61 2 9981 2300 Email allanhall@allanhall.com.au Scott Jago Director Full profile » Paris Barns Associate Director Full profile » Belinda Burne Director Full profile » ### Strengthening International Relationships in Bali URL: https://allanhall.com.au/strengthening-international-relationships-in-bali/ Type: Post Updated: 2026-07-20 Summary: Allan Hall joined international accounting and legal professionals at the Alliott Global APAC Conference in Bali to strengthen cross-border connections and share insights on key International Business issues. APAC Regional Meeting and APAC Leadership Academy Allan Hall Director Scott Jago and Associate Director and International Tax Manager Paris Barns attended the Alliott Global Alliance APAC Regional Conference in Bali this month. The conference brought together 37 representatives from 21 member firms, providing an opportunity to strengthen existing relationships and establish new connections with accounting and legal professionals across the region. “Not only was it a fantastic opportunity to meet again with APAC member firms, but we also developed some new key relationships, and attended workshops on navigating change in our industry, cross border business updates, impact of AI, tools for managing stress and performing under pressure,” Scott and Paris said. The conference was followed by Alliott Global’s inaugural APAC Leadership Academy, the first program of its kind for the alliance in the Southern Hemisphere. Allan Hall team members Michael Tung and Laila Franzen joined 16 emerging leaders for the intensive two-day program, which was delivered with assistance from Allan Hall Human Resources. The Academy focused on leadership capability, cultural intelligence, building an international profile and preparing the next generation of advisers to support increasingly global clients. Local expertise, global reach for international business For businesses expanding overseas, entering Australia or managing employees across borders, access to coordinated international advice can make a significant difference. Allan Hall Business Advisors’ International Services team helps businesses and individuals navigate complex cross-border tax, reporting, employment and regulatory requirements. This includes support for: International businesses establishing or operating in Australia Australian businesses expanding into overseas markets Cross-border business structures and transactions Global mobility, expatriate tax and employee obligations Australians living or working abroad International reporting and compliance requirements Our clients benefit from a local Allan Hall relationship backed by trusted accounting, legal and advisory expertise worldwide. Rather than leaving businesses to find and manage separate advisers in each jurisdiction, Allan Hall can connect you with the appropriate specialists and help coordinate advice across borders. Contact Director Scott Jago or Associate Director and International Tax Manager Paris Barns for specific details on how Allan Hall Business Advisors can assist. Discuss Your International Business Plans with Allan Hall International Services Since 2002, this capability has been supported by Allan Hall’s membership of Alliott Global Alliance, an international alliance of independent accounting, legal and advisory firms. With 237 member firms across 103 countries, including 44 firms throughout the Asia-Pacific region, Alliott Global provides access to professionals with the local knowledge required to address country-specific tax, legal, employment and commercial matters. Learn more about Allan Hall’s International Services and discuss your international business needs » CONTACT ALLAN HALL… ### Current Internal Vacancies URL: https://allanhall.com.au/careers/current-vacancies/ Type: Page Updated: 2026-07-06 Summary: Current internal vacancies Internal Vacancies We are not currently advertising any internal roles at Allan Hall Business Advisors. However, we are always on the hunt for highly-skilled and… Current internal vacancies Internal Vacancies We are not currently advertising any internal roles at Allan Hall Business Advisors. However, we are always on the hunt for highly-skilled and motivated accounting professionals, from Graduates to Senior Client Managers, looking to grow a career in a highly professional environment. If you would like to know more, please contact us using the form opposite or Submit Your Resume via our Careers page » Submit Your Details Allan Hall: Multi-award winning firm Allan Hall Business Advisors continues to be recognised by our industry and peers with individual, network and firm-wide awards and accolades. For full details including a complete list of our recent awards, please click below. Read more Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. The Alliott Global Alliance is a growing alliance of over 200 accounting and law firms across more than 90 countries globally. As part of this group, we can connect with like-minded members of Alliott Global Alliance in other jurisdictions to support and advise our clients who are wishing to explore and develop business opportunities both locally and internationally. Read more Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. Alliott Global Alliance is a dynamic network of accounting and law firms worldwide. As members, we collaborate with peers across jurisdictions to support and guide our clients expanding their businesses locally and internationally.  Read more ### Minimum Wages Increase from 1 July 2026 URL: https://allanhall.com.au/minimum-wages-increase-from-1-july-2026/ Type: Post Updated: 2026-07-06 Summary: Now is the time to review your payroll, award classifications and compliance practices, as new rates apply. What Employers Need to Know Changes to minimum wages and award rates can have a direct impact on your business - from payroll costs through to compliance obligations. The Fair Work Commission has now confirmed the latest increases to the National Minimum Wage and all modern award minimum wage rates, effective from 1 July 2026. Now is the time to review your payroll, award classifications and compliance practices, as new rates apply. Key Changes 1. National Minimum Wage Increase From 1 July 2026, the National Minimum Wage is: $26.44 per hour $1,004.90 per week (based on 38 hours per week) This represents an increase of 5.97% and will apply to employees not covered by a modern award or enterprise agreement. The increase will apply from the first full pay period starting on or after Wednesday 1 July 2026. 2. Modern Award Minimum Wage Increase From 1 July 2026, if employees are covered by a modern award the following changes apply: Minimum award wages increase by 4.75% Applies to all classifications across modern awards Additional updates include: Special entry-level (first 6 months only) minimum award rate: $25.74 per hour / $978.10 per week (based on 38 hours per week) The lowest minimum award rate applying to ongoing employment beyond the first 6 months will be the same as the National Minimum Wage IE $26.44 per hour/$1,004.90 per week (based on 38 hours per week)) Provisions for juniors, apprentices, trainees and employees with a disability will be in accordance with the award criteria. These increases will also apply from the first full pay period starting on or after Wednesday 1 July 2026. What This Means for Employers Increased Labour Costs Employers should expect a direct increase in labour costs, particularly where: Employees are award-reliant Workforce includes lower classification roles Compliance Risks This annual change is a common source of underpayment risk, especially where: Award coverage or classifications are incorrect Business systems are not updated in time Enterprise agreement rates fall below new minimums Employers must ensure that base rates of pay meet or exceed updated award or minimum wage levels. Practical Steps for Employers To stay compliant and prepared, employers should: Review Award CoverageConfirm which modern award(s) apply to your workforce. Check Employee ClassificationsEnsure employees are correctly classified under the relevant award levels. Update Pay RatesApply the new minimum wage or award rates from the correct pay period. Audit Business SystemsConfirm payroll software reflects updated rates and calculations. Review Enterprise AgreementsEnsure base pay rates are not below new award minimums. Communicate ChangesInform managers and employees of updated pay rates and timing. Monitor High-Risk AreasPay close attention to: Entry-level roles Casual employees Industries with heavy award reliance (e.g. retail, hospitality, care sectors) How Allan Hall HR Can Help Our team can support your business to: Conduct an HR compliance audit Review award coverage and classifications Update employment contracts and pay structures Assist with enterprise agreement compliance… ### 2026 A SpaceX Odyssey URL: https://allanhall.com.au/2026-a-spacex-odyssey/ Type: Post Updated: 2026-07-06 Summary: We outline the implications of the record-breaking SpaceX IPO, including index inclusion, valuation, investor risks and what Australian investors should be watching next. The Key Numbers SpaceX listed on the Nasdaq on 12 June 2026 under the ticker SPCX. The largest IPO in history. SpaceX priced its initial public offering at a fixed US$135 per share, implying a pre-listing valuation of approximately US$1.77 trillion. The offer attracted exceptionally strong investor interest, with demand reaching roughly four times the amount available by the time the books closed. Since its trading debut, SpaceX stock has continued to climb, trading at around US$192per share as of 15 June. The gains have lifted SpaceX's market capitalisation to approximately US$2.51 trillion, keeping the company among the ten most valuable listed companies in the world. What is SpaceX? SpaceX was founded in 2002 by Elon Musk as a rocket and satellite company. In February 2026, it broadened its reach considerably by acquiring Musk's artificial-intelligence company, xAI. Today, the company can be broken down into three key businesses. How does the IPO rank against history? At roughly US$75 billion raised, SpaceX is the largest IPO ever, nearly three times the previous record, Saudi Aramco’s US$29.4 billion in 2019, and more than triple Alibaba’s US$25.0 billion in 2014. Despite the scale of the raise, only 4.3% of SpaceX's shares are currently available to trade on the open market. Private investors cashing in? Nearly all of SpaceX's existing shareholders were unable to sell into the IPO and will remain restricted from doing so for some time under lock-up arrangements. Some investors will be permitted to sell up to 20% of their restricted shares following the company's second-quarter earnings, with further incremental sales scheduled between 70 and 135 days after listing. Elon Musk, who holds the majority of SpaceX's shares, will be required to wait 366 days from the IPO before he is able to sell. Index inclusion: when and how much? S&P 500 — not yet, and not automaticallyS&P Global retained its profitability requirement and, citing SpaceX's substantial 2025 loss, declined to grant the company fast-track entry. As a result, index funds and ETFs benchmarked to the S&P 500 are not mechanically obliged to acquire SpaceX shares. Nasdaq-100 — likely within weeksNasdaq introduced a "fast entry" rule, effective 1 May 2026, permitting very large new listings to join the Nasdaq-100 after as few as 15 trading sessions, provided they rank among the 40 largest constituents by market capitalisation, a threshold SpaceX comfortably exceeds. Holders of Nasdaq-100 products, such as Invesco's QQQ or BetaShares' NDQ on the ASX, would therefore gain exposure within weeks, albeit at a weighting that analysts estimate at under 1% of the fund. FTSE Russell — June 26, 2026SpaceX will be added to the Russell 1000, Russell Top 200 and other Russell US indices, effective after the close on June 26, 2026, under the new fast-entry rules, alongside eligibility for the FTSE Global Equity Index Series. MSCI — June 29, 2026MSCI announced on June 8 that it will apply its existing early inclusion rules for SpaceX's to be included in its Global Standard Indexes. SpaceX is expected to be added to the indexes roughly ten trading days after it starts… ### Sign my documents URL: https://allanhall.com.au/client-portal-login/fusesign/ Type: Page Updated: 2026-07-03 Summary: Electronic Signing with FuseSign Allan Hall uses a streamlined, easy-to-use electronic signing platform via FuseSign One of our highest priorities is getting documentation out to our clients as… Electronic Signing with FuseSign Allan Hall uses a streamlined, easy-to-use electronic signing platform via FuseSign One of our highest priorities is getting documentation out to our clients as quickly and securely as possible and with FuseSign we can achieve both of these effortlessly while providing you with the best experience possible. What does this mean for Allan Hall clients? Within FuseSign we will set you up with your contact details including your mobile number. Mobile numbers are important in the FuseSign process as this acts as your authenticator when signing your documentation. Once we have prepared your document bundle within the new platform there are a few simple steps to review and sign. Follow these steps for using FuseSign Digital Signing via FuseSign is a quick, simple way to deliver and have you approve and sign documents: 1. You receive a document bundle link via email. This comes from a FuseSign email address on behalf our office. 2. In the body of the email there will be a link to open your secure document bundle. 3. You will then be presented with an online view of your documents to review and digitally sign. 4. Click the Sign Document button and, to validate you are signing the documents, you will receive a personal SMS verification code to your mobile number for you to enter. Once your documents have been authorised and signed, you will receive an automated email as soon as all parties have finalised their signing actions in the bundle. Still have questions? If at any time you are unsure how to proceed with signing your document bundle, have any questions about the information you’ve supplied please contact our team and we’ll be more than happy to assist.  Relating reading How to spot a phishing email »   https://www.youtube.com/watch?v=AAyndvmqA-A&pp=ygUIZnVzZXNpZ24%3D Allan Hall: Multi-award winning firm Allan Hall Business Advisors continues to be recognised by our industry and peers with individual, network and firm-wide awards and accolades. For full details including a complete list of our recent awards, please click below. Allan Hall Business Advisors is an Australian Top 100 Accounting Firm.  Read more Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. Alliott Global Alliance is a dynamic network of accounting and law firms worldwide. As members, we collaborate with peers across jurisdictions to support and guide our clients expanding their businesses locally and internationally.  Read more https://www.youtube.com/watch?v=AAyndvmqA-A&pp=ygUIZnVzZXNpZ24%3D ### Northern Beaches Business to Business Grants now open URL: https://allanhall.com.au/northern-beaches-business-to-business-grants-now-open/ Type: Post Updated: 2026-07-03 Summary: Northern Beaches small businesses can apply for grants to support growth and local collaboration. Applications close 27 July 2026 — find out if you're eligible and apply today. Grants of up to $2,000 available for Northern Beaches small businesses Northern Beaches Council is offering Business to Business (B2B) Grants of up to $2,000 (excluding GST) to help local small businesses invest in growth while supporting other local businesses. The program is open to small businesses (1–19 employees) and sole traders based on the Northern Beaches. To be eligible, applicants must engage another Northern Beaches business to deliver the funded goods or services, helping strengthen the local economy. Projects may include: Website or e-commerce development Branding and marketing SEO and digital campaigns Business coaching or training Booking or POS system setup Product development Professional photography or video Customer activations and in-store improvements. The grant cannot be used for ongoing operating expenses such as rent, wages, utilities or software subscriptions, and applicants must provide at least two quotes for each proposed product or service. Applications close 3pm Monday 27 July 2026, with projects to be delivered by 31 December 2027. If you're considering applying, now is the time to start gathering quotes and preparing a strong application that clearly demonstrates how the project will benefit both your business and the local Northern Beaches economy. For more information and applications visit https://www.northernbeaches.nsw.gov.au/council/grants/business-to-business-b2b-grants CONTACT ALLAN HALL BUSINESS ADVISORS ### Australian Tax Reform Update URL: https://allanhall.com.au/australian-tax-reform-update/ Type: Post Updated: 2026-06-29 Summary: CGT reform legislation has passed both Houses of Parliament. Learn more about the proposed Working Australians Tax Offset, capital gains tax, negative gearing and discretionary trust changes. Proposed Tax Cuts, Capital Gains Tax, Negative Gearing and Trust Changes explained Working Australians tax offset From 2027–28, the government will introduce a $250 Working Australians Tax Offset. This new offset builds on: three tax cuts already legislated the $1,000 instant tax deduction. For a worker on average earnings, the combined benefit of these five tax cuts could be up to $2,816 each year, relative to 2023–24 tax settings. Capital gains tax From 1 July 2027, the government will: replace the 50 per cent Capital Gains Tax (CGT) discount with a discount based on inflation introduce a minimum 30 per cent tax rate on capital gains. These changes mean investors will only pay tax on their real capital gains, after inflation. The new arrangements will only apply to capital gains that accrue from 1 July 2027 when they are realised. Investors who buy new builds can choose either: the existing 50 per cent CGT discount, or the new inflation‑based arrangements and the minimum tax. Negative gearing From 1 July 2027, negative gearing of residential property will be limited to new builds. This change is designed to direct tax support towards new housing supply. Properties held before announcement (7:30pm AEST 12 May 2026) will be exempt from these changes. New builds can continue to be negatively geared before and after 1 July 2027. Investors who buy established housing after 12 May 2026: can deduct losses against other income from residential properties, including capital gains can carry forward excess losses to future years cannot deduct losses against non-residential income, such as wages. Discretionary trusts From 1 July 2028, the government will introduce a minimum tax rate of 30 per cent for discretionary trusts, with some exceptions. To support small businesses and others who want to restructure, rollover relief will be available for three years from 1 July 2027. The precise scope of the reforms will depend on the final legislation, and further detail is expected once the draft laws are released. Visit our Budget summary for more detail: https://allanhall.com.au/2026-27-federal-budget-highlights/ CONTACT ALLAN HALL SUPERANNUATION Source: Australian Government Treasury. (2026) Budget 2026–27 tax system changes. Australian Government Treasury. (treasury.gov.au) ### SMSF Residential Property Borrowing Ban URL: https://allanhall.com.au/smsf-residential-property-borrowing-ban/ Type: Post Updated: 2026-06-29 Summary: The Government has announced plans to ban new SMSF limited recourse borrowing arrangements for residential property acquisitions. Existing arrangements are expected to be grandfathered, while commercial property LRBAs… This week, the Government announced that it has agreed to support planned changes that would ban new limited recourse borrowing arrangements (LRBAs) used by self‑managed superannuation funds (SMSFs) to buy residential property.  The ban is expected to be implemented 45 days after royal assent however the final commencement date will depend on the passage of legislation and when royal assent occurs.   This is a major development however existing LRBAs should not be affected and any transactions already in progress will have time to be completed before the expected start date in mid‑August 2026.  It is not yet clear at what stage a transaction in progress needs to be before the commencement date, it may not just be limited to a property contract having been signed.  So it will be important for SMSFs to progress an existing purchase / loan arrangement as far as possible before the commencement date. Importantly, the proposed changes are directed at new limited recourse borrowing arrangements used to acquire residential property through self-managed superannuation funds. Based on the information released to date, they do not extend to LRBAs involving commercial property. The precise scope of the reforms will depend on the final legislation, and further detail is expected once the draft laws are released. CONTACT ALLAN HALL SUPERANNUATION Source: Albanese, A. and Chalmers, J. 23 June 2026, Government another step closer to delivering tax reforms, media release, Australian Government. (pm.gov.au) ### Temporary Fuel Excise Relief extended throughout July URL: https://allanhall.com.au/temporary-fuel-excise-relief-extended-throughout-july/ Type: Post Updated: 2026-06-22 Summary: Fuel costs remain in focus with the temporary extension of Australia's fuel excise relief. Learn what the July 2026 changes could mean for motorists and businesses. Additional fuel excise relief for the month of July The Federal Government will extend fuel excise relief for another month, making petrol and diesel 16 cents per litre during July, saving Australians around $11 per tank. The Federal Government has announced a one-month extension of its temporary reduction in fuel excise, with the discounted rate to apply from 1 July to 2 August 2026. Under the extension, fuel excise will remain 16 cents per litre lower, providing continued short-term relief for motorists and businesses while fuel markets continue to stabilise. For a typical 65-litre tank, the measure is expected to reduce fuel costs by around $11 compared with the full excise rate. The temporary reduction will be accompanied by a 16-cent reduction in the Heavy Vehicle Road User Charge over the same period, providing additional support for the road transport sector. The extension follows the three-month fuel excise reduction introduced earlier this year in response to heightened global fuel price volatility. The Government said the phased approach is intended to support households and businesses while allowing a gradual return to normal fuel taxation arrangements. Related reading https://allanhall.com.au/ato-role-in-the-national-fuel-security-plan/ The Australian Competition and Consumer Commission (ACCC) will continue monitoring fuel prices to encourage the lower excise rate to be reflected at the bowser. The announcement forms part of a broader package of fuel security and cost-of-living measures introduced in recent months, including investments in fuel reserves, supply security, domestic production initiatives and infrastructure supporting alternative transport technologies. Fuel prices have eased significantly since their earlier peaks, although the Government noted that many households and businesses continue to experience cost pressures. CONTACT ALLAN HALL BUSINESS ADVISORS Source: Department of Climate Change, Energy, the Environment and Water (DCCEEW) 21 June 2026, Joint media release: Additional fuel excise relief for the month of July, Australian Government ### Australian Accounting Awards Photo Highlights URL: https://allanhall.com.au/australian-accounting-awards-photo-highlights/ Type: Post Updated: 2026-06-21 Summary: Go behind the scenes at the Australian Accounting Awards 2026 as we share photos, celebrations and memorable moments from an unforgettable evening of national recognition. Australian Accounting Awards Sydney 2026 Allan Hall Business Advisors Secures Dual Honours at the 2026 Australian Accounting Awards Allan Hall Business Advisors has been recognised with two national honours at the 2026 Australian Accounting Awards, receiving Multiservice Firm of the Year and SMSF Firm of the Year. The Australian Accounting Awards are regarded as one of the profession's premier recognition programmes, celebrating firms and professionals that demonstrate excellence, innovation and leadership across the Australian accounting sector. Each year, thousands of submissions are received, with only a small proportion progressing to finalist status. The Multiservice Firm of the Year award recognises Allan Hall's strategic commitment to delivering integrated professional services beyond traditional accounting. Over recent years, the firm has expanded its capabilities across areas including international tax and global mobility, financial planning, lending, HR compliance consulting, self-managed superannuation, estate planning and integrated financial management, enabling clients to access coordinated advice through a single trusted adviser. Director Scott Jago said: "Winning Multiservice Firm of the Year is a wonderful acknowledgement of the direction we have deliberately taken as a firm. We have invested in building genuine depth across multiple disciplines so our clients can access the advice they need from one trusted team." The firm was also recognised as SMSF Firm of the Year, reflecting the strength of its specialist self-managed superannuation practice and its commitment to delivering comprehensive, accurate and timely advice in an increasingly complex regulatory environment. Accepting the award for SMSF Firm of the Year, Associate Director Nicole Woolley said: “Love this team and the long term relationships we build with our clients — that’s always been the focus. We don’t just process SMSFs, we actually get involved and add real value.” "To also be recognised as SMSF Firm of the Year highlights the technical capability and dedication of our specialist team in an area where experience, precision and trusted advice are critical," Scott added. The dual awards follow a period of strategic transformation for Allan Hall Business Advisors, with growth driven by deeper advisory relationships and an integrated service model designed to meet the evolving needs of clients. Reflecting on the recognition, Scott said: " These awards reflect the quality of our people. They recognise the expertise, collaboration and client-first mindset that our team brings to work every day, and we thank our clients for the trust they continue to place in us." The latest honours build on another significant achievement earlier this year, when Allan Hall Business Advisors was named Winner – Best Business Advice Firm (<$30m) and Finalist – Best Accounting & Consulting Services Firm (<$30m) in the 2026 Beaton Client Choice Awards. Based entirely on independent client feedback, the Beaton awards recognise excellence in client experience and service delivery, complementing the Australian Accounting Awards' focus on innovation, technical… ### Contact Us URL: https://allanhall.com.au/contact-us/ Type: Page Updated: 2026-06-21 Summary: Contact Us Contact Details The office of Allan Hall Business Advisors is located in the Lifestyle Working Building in the heart of Sydney’s Northern Beaches. Situated directly behind… Contact Us Contact Details The office of Allan Hall Business Advisors is located in the Lifestyle Working Building in the heart of Sydney’s Northern Beaches. Situated directly behind the stylish Warringah Mall in Brookvale, our work environment incorporates modern, light-filled offices with open air meeting spaces, a pool, gym and café, encouraging innovation and vitality in our workplace and a great place to meet with our clients.  Visitor parking is located underneath the building. Public transport can be accessed via buses to Warringah Mall. Please contact us using the details below or via our contact form. Opening Hours Monday to Friday 8.30AM - 5.30PM Street Address Level 1 Suite 126 117 Old Pittwater Road Brookvale NSW 2100 Australia Postal Address Locked Bag 6340 Frenchs Forest DF NSW 2086 Australia Phone +61 2 9981 2300 Email allanhall@allanhall.com.au Follow Us Contact Form Find us ### Capital Gains carve-outs announced for small businesses, startups URL: https://allanhall.com.au/capital-gains-carve-outs-announced-for-small-businesses-startups/ Type: Post Updated: 2026-06-19 Summary: The Federal Government has announced further tax reform details, including a proposal to expand the 50% active asset CGT reduction by lifting the small business turnover threshold from… Tax reform implementation for small business and startups The Federal Government is announcing further implementation details for its tax reform package, following an intensive first round of post-Budget consultation. The details provide more clarity and confidence to investors, more support for small businesses and more incentives for innovation.  Further CGT concessions have been announced for small businesses and startups, and retaining the original intent of policies. This means all 2.7 million active small businesses and 98% of all active businesses will be eligible for generous CGT concessions. Having completed a substantial amount of the consultation already flagged in the Budget papers, the government is now releasing a consultation paper on startups while also providing further implementation details around Australia's tax reforms, including:  Announcing an increase to the turnover threshold for the existing small business 50% active asset CGT reduction from $2 million to $10 million. This will mean all 2.7 million active small businesses and 98% of all active businesses will be eligible for this concession. Releasing a consultation paper on the design of a new Innovative Business CGT Concession that would provide a 50% CGT discount to early-stage investors including founders and employee share scheme participants of innovative start-up businesses. Confirming that income from all types of testamentary trusts will be exempt from the minimum tax, including future discretionary testamentary trusts, with implementation details included in further consultation. Confirming amendments will be made to the legislation in the Senate rather than in legislative instruments, to provide certainty on as much of the implementation details of the Government’s tax reforms as possible. Small businesses concessions As outlined in the Budget, the Government will retain the existing four small business CGT concessions which allow small businesses to reduce, defer or completely eliminate their capital gains tax liability when they sell active business assets.  The Government will introduce amendments to the legislation currently before the Senate to give effect to this change. Consultation on arrangements for innovative start-ups The Government will release a consultation paper on the design of a 50% CGT discount for early-stage investors including founders and employee share scheme participants of innovative start-up businesses.  The Innovative Business CGT Concession will provide individuals, partnerships and trusts holding eligible shares a choice between a 50% discount or indexation and the minimum tax for gains accrued from 1 July 2027. Subject to further consultation, eligible shares must be new equity issued by a company that is under 10 years old (or under 15 years in certain circumstances), under $50 million in turnover and meets principles-based innovation criteria, and must be held for five years before being sold, with a lifetime cap on the concession. This will ensure that early investors in innovative start-ups that start with a low or zero cost base still receive a significant discount on a future capital gain,… ### Fuel tax credit rates change URL: https://allanhall.com.au/fuel-tax-credit-rates-change/ Type: Post Updated: 2026-06-18 Summary: Could your business be missing out on valuable Fuel Tax Credits? If you operate transport vehicles, heavy machinery or equipment used off-road, you may be eligible to claim… From 1 July 2025 to 30 June 2026 Check the fuel tax credit rates for business from 1 July 2025 to 30 June 2026. Fuel tax credit rates You need to use the rate that applies on the date you acquired the fuel. Use the fuel tax credit calculator to easily work out the amount to report on your business activity statement (BAS). The following ATO tables contain the fuel tax credit rates for businesses from: Table 1: From 1 April to 30 June 2026 Table 2: From 2 February 2026 to 31 March 2026 Table 3: From 4 August 2025 to 1 February 2026 Table 4: From 1 July 2025 to 3 August 2025. Eligible fuel typeUsed in heavy vehicles for travelling on public roads (see note 1)All other business uses (including to power auxiliary equipment of a heavy vehicle) (see note 2)Liquid fuels – for example, diesel or petrolUnit: cents per litre20.6 (see note 5)20.6Blended fuels: B5, B20, E10Unit: cents per litre20.6 (see note 5)20.6Blended fuel: E85Unit: cents per litre8.870 (see note 5)8.870Liquefied petroleum gas (LPG) (duty paid)Unit: cents per litre6.7(see note 5)6.7Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid)Unit: cents per kilogram14.1 (see note 5)14.1B100Unit: cents per litre6.8 (see note 5)6.8 Eligible fuel typeUsed in heavy vehicles for travelling on public roads (see note 1)All other business uses (including to power auxiliary equipment of a heavy vehicle) (see note 2)Liquid fuels – for example, diesel or petrolUnit: cents per litre20.2 (see note 3)52.6Blended fuels: B5, B20, E10Unit: cents per litre20.2 (see note 3)52.6Blended fuel: E85Unit: cents per litre0 (see note 3)22.510Liquefied petroleum gas (LPG) (duty paid)Unit: cents per litre0 (see note 3)17.2Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid)Unit: cents per kilogram0 (see note 4)36.0B100Unit: cents per litre0 (see note 3)17.5 Eligible fuel typeUsed in heavy vehicles for travelling on public roads (see note 1)All other business uses (including to power auxiliary equipment of a heavy vehicle) (see note 2)Liquid fuels – for example, diesel or petrolUnit: cents per litre19.2 (see note 3)51.6Blended fuels: B5, B20, E10Unit: cents per litre19.2 (see note 3)51.6Blended fuel: E85Unit: cents per litre0 (see note 3)22.105Liquefied petroleum gas (LPG) (duty paid)Unit: cents per litre0 (see note 3)16.9Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid)Unit: cents per kilogram0 (see note 4)35.4B100Unit: cents per litre0 (see note 3)17.2 Eligible fuel typeUsed in heavy vehicles for travelling on public roads (see note 1)All other business uses (including to power auxiliary equipment of a heavy vehicle) (see note 2)Liquid fuels – for example, diesel or petrolUnit: cents per litre18.4 (see note 3)50.8Blended fuels: B5, B20, E10Unit: cents per litre18.4 (see note 3)50.8Blended fuel: E85Unit: cents per litre0 (see note 3)21.73Liquefied petroleum gas (LPG) (duty paid)Unit: cents per litre0 (see note 3)16.6Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid)Unit: cents per kilogram0 (see note 4)34.8B100Unit: cents per litre0 (see note 3)16.9 Notes Note 1: From… ### Allan Hall Business Advisors celebrates dual honours at accounting awards URL: https://allanhall.com.au/allan-hall-business-advisors-celebrates-dual-honours-at-accounting-awards/ Type: Post Updated: 2026-06-16 Summary: Allan Hall Business Advisors is proud to announce recognition with two prestigious national honours at the 2026 Australian Accounting Awards! 2026 Australian Accounting Awards Allan Hall Business Advisors is proud to announce it has been recognised with two prestigious national honours at the 2026 Australian Accounting Awards, taking home Multiservice Firm of the Year and SMSF Firm of the Year. The dual win reflects Allan Hall's commitment to providing integrated, high-quality advice that helps clients navigate increasingly complex financial and business challenges. “These awards reflect the quality of our people,” Director Scott Jago said. “They recognise the expertise, collaboration and client-first mindset that our team brings to work every day, and we thank our clients for the trust they continue to place in us.” Winning Multiservice Firm of the Year is a wonderful acknowledgement of the direction Allan Hall has deliberately taken as a firm. “We have invested in building genuine depth across multiple disciplines so our clients can access the advice they need from one trusted team.” Allan Hall has deliberately expanded its capabilities beyond traditional accounting to offer a comprehensive range of specialist services, including international tax and global mobility, financial planning, lending, HR compliance consulting, self-managed superannuation, estate planning and integrated financial management. “Our multiservice approach reflects the reality of modern business,” Scott added. “Clients increasingly want the convenience and confidence of working with one adviser who understands the bigger picture, rather than coordinating multiple external providers.” The recognition as SMSF Firm of the Year also highlights Allan Hall's technical expertise and longstanding commitment to helping trustees navigate an increasingly complex regulatory environment while planning confidently for the future. “To also be recognised as SMSF Firm of the Year highlights the technical capability and dedication of our specialist team in an area where experience, precision and trusted advice are critical.” The awards follow a period of strategic transformation for Allan Hall Business Advisors. “Our growth has not been about adding services for the sake of it. It has been about creating meaningful value for clients by bringing complementary expertise together under one roof.” Allan Hall’s national recognition reinforces the firm’s commitment to delivering relationship-led advice and continuing to evolve alongside the changing needs of Australian businesses and families. About the Australian Accounting Awards The Australian Accounting Awards are widely regarded as a benchmark for excellence, recognising the firms and professionals leading the industry through innovation, expertise and outstanding client service. Allan Hall Business Advisors was awarded Multiservice Firm of the Year for an integrated approach to delivering complementary services that create greater value for clients, and SMSF Firm of the Year for specialist expertise and commitment to high-quality self-managed superannuation advice. Each year, thousands of submissions are made by accounting firms across Australia, yet only the top 8% progress to Finalist stage. See the full list of 2026… ### Important year-end superannuation considerations for 2025-26 URL: https://allanhall.com.au/important-year-end-superannuation-considerations-for-2025-26/ Type: Post Updated: 2026-06-16 Summary: Don't leave your super until the last minute. Review the key deadlines, contribution limits and compliance requirements before 30 June 2026 to make the most of EOFY opportunities. As the end of the financial year approaches, it's crucial to ensure your superannuation is in order. Here are the key points you need to be aware of before 30 June 2026: Personal Contributions For those wanting to maximise personal contributions in 2025/26, please carefully review the limits and information provided in our full article (link below). Note that there will be an increase in the contribution limits taking effect from 1 July 2026 as well as an increase in the Total Superannuation Balance threshold from $2m to $2.1m which will be relevant for making non-concessional contributions in 2026/27. Catch Up Concessional Contributions Your contributions must be received in your super fund before 30 June 2026 to ensure that: you are eligible to claim a deduction in 2025/26 for your contributions made; the contribution is counted against your limit in the correct financial year.   Please remember that 30 June 2026 falls on a Tuesday so please do not leave your contributions until the last minute. They need to be cleared in the fund’s bank account on 30 June. Please allow at least three days for any interbank transfer to occur. If making contributions to a retail or industry super fund please ensure your contributions are made by 19 June to ensure they are allocated to your member account by 30 June. Be sure to double check the amount of actual employer or personal contributions already received / due to be received in your super fund before making any top up contributions. Catch Up Concessional Contributions The ‘Catch Up’ contributions rules allow a person with a super balance of less than $500,000 as at 30 June 2025 to make a personal concessional contribution in 2025/26 equal to the unused amount of the concessional contribution limits applicable from 2020/21 to 2024/25. Please note that 2025/26 is the last year in which any unused contributions from 2020/21 can be claimed as they drop off after five years. Work Test Any person aged 67-74 must meet the work test before they can claim a tax deduction for a personal contribution. To satisfy the work test, you must work at least 40 hours in a consecutive 30-day period at some time during 2025/26.  Any person aged 75 or older is unable to make personal contributions, their super fund can only accept mandated employer contributions (i.e. superannuation guarantee amounts) on their behalf. Non-Concessional Contributions It is possible to ‘bring forward’ up to 3 years of contributions in 2025/26 if you were under age 75 on 1 July 2025 and your total superannuation balance at 30 June 2025 is within the thresholds noted in our contributions article (please see link to article below).Please note for planning purposes that the contribution limits and the bring forward thresholds will change on 1 July 2026 with effect for 2026/27. These changes are noted in the table provided in our contributions article: https://allanhall.com.au/super-contribution-caps-increase-1-july-2026/ Minimum Pension Payments If you are in pension phase, please check to ensure you have withdrawn your minimum pension for this financial year before 30 June 2026. Where these requirements… ### Awards URL: https://allanhall.com.au/awards/ Type: Page Updated: 2026-06-16 Summary: Awards Allan Hall’s Awards for Excellence 2026 Multiservice and SMSF Firm of the Year Allan Hall named Multiservice Firm of the Year and SMSF Firm of the Year… Awards Allan Hall’s Awards for Excellence 2026 Multiservice and SMSF Firm of the Year Allan Hall named Multiservice Firm of the Year and SMSF Firm of the Year at 2026 Australian Accounting Awards. Read more » 2026 Best Business Advice Firm Allan Hall named Best Business Advice Firm in 2026 Beaton Clients Choice Awards. Read more » 2025 Boutique Firm of the year Allan Hall named Boutique Firm of the Year (20+ Employees) at the Australian Accounting Awards. Read more » 2024 Best Business Advice Firm Allan Hall named Best Business Advice Firm in 2024 Beaton Clients Choice Awards. Read more » 2023 Best Business Advisory Firm Allan Hall awarded the prestigious title of Business Advisory Firm of the Year at the Australian Accounting Awards. Read full details » Allan Hall named 2023 Best Business Advisory Firm by Beaton's Client Choice Awards. Read full details » 2022 Wellness Program of the Year winners Allan Hall received another national award at the Australian Accounting Awards by winning the Wellness Program of the Year award. Read full story » Allan Hall named Client Choice multi-award winners Allan Hall Business Advisors has been named Winners in three Client Choice Award specialist categories for firms with up to $30M revenue: Best Business Advice Firm Best Self-Managed Super Fund Firm Best Auditing Firm FirmChecker Reviews are conducted as part of our annual client review process to canvass feedback on our performance across a range of criteria. The Client Choice Awards are open to firms of all sizes operating in Australia and New Zealand and are independently researched and judged by Beaton Research and Consulting. Read more » 2021 Australian Firm of the Year The events of 2020 proved that going the extra mile is more important than ever to clients and community as we navigate the uncertainties of an unprecedented health crisis. Executing and sustaining strategy in a marketplace of tough nationwide competitors were among the great challenges, and successes, of many firms in the Australian accounting industry. In recognition of this, Allan Hall Business Advisors was awarded 2021 Firm of the Year by 21 judges in a field of 621 submissions and 300 finalists across 34 award categories at The Star, Pyrmont on 18 June 2021. Read full story » Firm-wide awards: Ranked 53rd in the Australian Financial Review's Top 100 Accounting Firms list 2026 Australian Accounting Awards — Winner Multiservice Firm of the Year and SMSF Firm of the Year » 2026 Client Choice Awards — Winner Best Business Advice Firm ( ### Home URL: https://allanhall.com.au/ Type: Page Updated: 2026-06-16 Summary: Valued relationships. Trusted advice. Innovative solutions. Business Advisory Taxation & Accounting International Services Superannuation Financial Planning Audit & Assurance Finance Human Resources Bookkeeping Latest News Allan Hall: Multi-award… Valued relationships. Trusted advice. Innovative solutions. Business Advisory Taxation & Accounting International Services Superannuation Financial Planning Audit & Assurance Finance Human Resources Bookkeeping Latest News Allan Hall: Multi-award winning firm Allan Hall Business Advisors continues to be recognised by our industry and peers with individual, network and firm-wide awards and accolades. For full details including a complete list of our recent awards, please click below. Allan Hall Business Advisors is an Australian Top 100 Accounting Firm. Read more Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. Alliott Global Alliance is a dynamic network of accounting and law firms worldwide. As members, we collaborate with peers across jurisdictions to support and guide our clients expanding their businesses locally and internationally. Read more Proud traditions and knowledge together with fresh ideas and forward-thinking Allan Hall Business Advisors is the largest firm of Chartered Accountants on the Northern Beaches of Sydney and one of the largest and fastest-growing non-CBD firms in Australia. Our clients range from small businesses to large multinationals and our award-winning service is built on collaboration and communication, providing trusted, practical advice and building enduring relationships that are valued by our clients, staff and community. Read more Our team at Allan Hall Business Advisors is waiting to help you. +61 2 9981 2300 Office hours: Monday to Friday 8.30AM - 5.30PM Contact us ### ACT NOW Ensure your super is in order before 30 June 2026 URL: https://allanhall.com.au/ensure-your-super-is-in-order-before-30-june-2026/ Type: Post Updated: 2026-06-15 Summary: Take action before 30 June 2026 to make the most of your super. Check contribution caps, catch-up opportunities, pension requirements and key year-end strategies that could improve your… Important Year-End Super Considerations for 2025-26 Personal Contributions If you wish to maximise your personal contributions in 2025/26, please carefully review the limits and information provided below.  Please note there is an increase in the contribution limits taking effect from 1 July 2026 AND there will be an increase in the Total Superannuation Balance threshold from $2.m to $2.1m.  This threshold is relevant when considering non-concessional contributions and also affects how much can be transferred into the tax-free retirement phase. Financial YearConcessional Cap (pre-tax)Non-concessional Cap (after tax) (Employer / Salary Sacrifice / Personal Deductible)(Personal After Tax )2025/26$30,000$120,0002026/27$32,500$130,000 Concessional Contributions Your contributions must be received in your super fund before 30 June 2026 to ensure that: you are eligible to claim a deduction in 2025/26 for your contributions; the contributions are counted against your limit in the correct financial year.   Please remember that 30 June 2026 falls on a Tuesday so please do not leave your contributions until the last minute. They need to be cleared in the fund’s bank account on 30 June. Please allow at least three days for any interbank transfer to occur. If making contributions to a retail or industry super fund please ensure your contributions are made by 19 June to ensure they are allocated to your member account by 30 June. Be sure to double check the amount of actual employer or personal contributions already received / due to be received in your super fund before making any top up contributions. ‘Catch Up’ Concessional Contributions The ‘Catch Up’ contributions rules allow a person with a super balance of less than $500,000 as at 30 June 2025 to make a personal concessional contribution in 2025/26 equal to the unused amount of the concessional contribution limits applicable from 2020/21 to 2024/25. Please note that 2025/26 is the last year in which any unused contributions from 2020/21 can be claimed as they drop off after five years. Financial YearApplicable limit2020/21$25,0002021/22$27,5002022/23$27,5002023/24$27,5002024/25$30,000 For example, Sam had employer contributions of $15,000 for 2020/21, $17,500 p.a for 2021/22, 2022/23, 2023/24 and $20,000 for 2024/25 . This means Sam has a total of $50,000 in unused or ‘catch up’ contributions.  His total superannuation balance at 30 June 2025 was $420,000.  If Sam has higher than normal taxable income in 2025/26, due to say, a capital gain then, in addition to his current year 2025/26 contributions he can contribute an extra $50,000 as a personal concessional contribution before 30 June 2026 and claim a deduction for it to reduce his taxable income. Please contact us if you want to check your unused catch up contribution amount. Work Test Any person aged 67-74 must meet the work test before they can claim a tax deduction for a personal contribution.  To satisfy the work test, you must work at least 40 hours in a consecutive 30 day period at some time during 2025/26.  Any person aged 75 or older is unable to make personal contributions, their super… ### June Super Contributions and Payday Super URL: https://allanhall.com.au/june-super-contributions-and-payday-super/ Type: Post Updated: 2026-06-15 Summary: 30 June is approaching. Review the key employer deadlines and required actions now to stay compliant and avoid costly year-end mistakes. Key Deadlines and Changes Key Actions for Employers 19 June 2026 – Recommended latest payment date for June quarter contributions (to allow clearing house processing) 30 June 2026 – Deadline for contributions to be received by the fund to claim a FY2026 tax deduction 28 July 2026 – Statutory due date for June quarter super guarantee (SG) contributions From 1 July 2026 – Payday Super commences (contributions required within 7 days of each pay run) June 2026 Quarter Contributions Employers intending to claim a 2025/26 tax deduction for June quarter super contributions should ensure payments are made by 19 June 2026. This allows sufficient time for processing through the superannuation clearing house and allocation to employee accounts.  Importantly, contributions must be received by the super fund by 30 June 2026 (not merely submitted to the clearing house) to qualify for a deduction in FY2026. Preparing for Payday Super (from 1 July 2026) Payday Super will require employers to remit super contributions within 7 days of each pay run, replacing the current quarterly framework. Employers should use the June quarter as an opportunity to: Finalise all FY2026 contribution obligations by 30 June 2026 Ensure payroll systems and processes are ready for the new real-time requirements Review clearing house processing timeframes and internal payroll cut-offs If not brought forward, June quarter contributions must still be paid by mid-July to meet the 28 July 2026 deadline, alongside compliance with the new Payday Super rules for July payroll. Note: Payday Super will accelerate contribution timing and may have cash flow implications compared to the current quarterly system. Related reading Important Changes to how Super must be paid from 1 July 2026 » SMSFs urged to get ready for Payday Super » Maximum Super Contributions Base – Change to Annual Limit From 1 July 2026, the Maximum Super Contributions Base will move from a quarterly to an annual limit, reflecting the Payday Super framework. For 2026–27, the annual maximum contributions base is $270,830, aligned with the concessional contributions cap of $32,500. For higher-income employees: Employers may reach the annual cap earlier in the year No further SG contributions are required once the threshold is reached (unless contractually obligated) This change increases the risk of excess concessional contributions, particularly where: An employee changes jobs during the year, and Multiple employers contribute up to the same annual limit Employees in this position should be encouraged to monitor their contribution levels. Compliance Considerations Employers should be mindful that: Late super payments may result in loss of tax deductibility The Super Guarantee Charge (SGC) may apply, along with penalties They may need to have a default or stapled super fund in place so contributions to SMSFs can still be paid within required timeframes if a payment fails. For help checking your SMSF’s contribution setup ahead of the new rules, please contact our team. CONTACT ALLAN HALL SUPERANNUATION ### Instant asset write-off now permanent for small business URL: https://allanhall.com.au/instant-asset-write-off-now-permanent-for-small-business/ Type: Post Updated: 2026-06-10 Summary: The Government has announced plans to permanently increase the instant asset write-off to $20,000 from 1 July 2026. While not yet law, the proposal could provide greater certainty… $20,000 Instant Asset Write-off Making the $20,000 instant asset write-off permanent for small businesses. On 12 May 2026, as part of the 2026–27 Budget, the Government announced it will permanently increase the instant asset write-off for small businesses to $20,000 from 1 July 2026 to help improve cash flow and reduce compliance costs. This measure is not yet law. Under the measure, from 1 July 2026, small businesses with an aggregated turnover of less than $10 million, can deduct: the full cost of eligible depreciating assets costing less than $20,000 that are first used or installed ready for use in an income year; and an amount included in the second element of an eligible depreciating asset's cost that they have incurred in an income year, if they claimed an immediate deduction for the asset under the simplified depreciation rules in a prior income year where the amount is: the first amount of second element cost incurred after the end of the income year in which the asset was written off; and less than $20,000. The $20,000 limit under the measure applies on a per asset basis, so small businesses can instantly write off multiple assets. Assets valued at $20,000 or more can continue to be placed into the small business simplified depreciation pool and depreciated at 15% in the first income year and 30% each income year after that. In addition, pool balances under $20,000 at the end of the income year can be written off. The provisions that prevent small businesses from re-entering the simplified depreciation regime for 5 years after opting out will continue to be suspended until 30 June 2027. The Government previously extended the $20,000 instant asset write-off limit for the period 1 July 2025 to 30 June 2026 in the Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Act 2025. That measure is now law. CONTACT ALLAN HALL BUSINESS ADVISORS Related reading https://allanhall.com.au/20k-instant-asset-write-off-now-law/ Source: Australian Taxation Office (ATO) 18 May 2026, $20,000 instant asset write-off, Australian Government ### The Giga-IPO Shockwave: How Fast-Track Index Rules Could Spark a Trading Frenzy URL: https://allanhall.com.au/the-giga-ipo-shockwave-how-fast-track-index-rules-could-spark-a-trading-frenzy/ Type: Post Updated: 2026-06-09 Summary: As the Giga-IPO wave unfolds, investors should prepare for a new reality: index changes are no longer slow-moving adjustments — they are flashpoints for market-wide volatility. The upcoming wave of mega initial public offerings (IPOs) — featuring SpaceX, Anthropic and OpenAI — is set to reshape index investing in unprecedented ways. While much of the focus has been on their enormous valuations and long-term impact on benchmarks like the S&P 500 and Nasdaq 100, a more immediate force is at play: Nasdaq’s newly introduced 15-day “Fast Entry” rule. This accelerated process could trigger explosive trading volumes and short-term volatility unlike anything seen in previous IPO cycles. The Fast Entry Rule: A Compressed Timeline Traditionally, newly listed companies waited months — or even years — before being considered for inclusion in major indexes. This delay allowed markets to stabilize, valuations to settle and liquidity to build organically. Nasdaq’s new rule, introduced in May 2026, compresses this entire timeline into just 15 trading days. The process begins on Day 7 after an IPO, when Nasdaq evaluates the company’s market capitalization. If the firm ranks among the top 40 candidates for the Nasdaq 100 — typically requiring a valuation above roughly $100 billion — it becomes eligible for fast-track entry. Once qualified, the market is given only five days’ notice before the stock is added to the index on Day 15. This rapid sequence — from IPO debut to index inclusion — forces institutional investors to act quickly, eliminating the gradual adjustment period that markets have relied on for decades. The Closing Cross: Where Volume Explodes The most dramatic impact occurs at the closing bell on Day 15, when index inclusion becomes official. Passive index funds, particularly those tracking the Nasdaq 100, must replicate the index exactly. To avoid tracking error, these funds are required to execute their purchases at the precise closing price. This creates a concentrated burst of demand. With companies like SpaceX potentially entering the index at elevated weights — boosted by Nasdaq rules allowing up to three times their public float during early inclusion — funds may need to deploy billions of dollars in buy orders within minutes. At the same time, Nasdaq’s rule does not immediately remove an existing company to make room. Instead, the index temporarily expands beyond 100 members. As a result, fund managers must also sell portions of existing holdings across dozens of securities to free up capital, amplifying trading activity on both sides of the market. The Arbitrage Effect: Front-Running the Inevitable Markets rarely leave predictable events unexploited. The certainty of forced buying by index funds creates an opportunity for hedge funds and high-frequency trading firms. Between Days 8 and 14, these traders often accumulate shares in anticipation of the Day 15 demand surge. By bidding up the price ahead of index inclusion, they effectively “front-run” the passive inflows. When index funds execute their mandatory purchases at the close, these early buyers can offload their holdings at inflated prices. This dynamic leads to a dramatic spike in trading volume and can create short-term price distortions. The result is a sharply elevated closing auction — often one… ### Electric Car Discount changes ahead URL: https://allanhall.com.au/electric-car-discount-changes-ahead/ Type: Post Updated: 2026-06-03 Summary: The Government's review of the Electric Car Discount confirms future changes are likely. If you're considering an EV through salary packaging, now is the time to understand what… Electric Car Discount Review Signals Future Changes for EV Tax Concessions The Federal Government has released its statutory review of the Electric Car Discount (ECD), confirming the concession has successfully encouraged EV uptake while signalling that changes are likely in the years ahead. The review estimates the ECD contributed to around 64,000 additional battery electric vehicle sales and approximately 78,000 additional EV sales overall during its first three years. It also found the policy helped expand model availability, improve affordability and support growth in charging infrastructure and the second-hand EV market. However, Treasury also highlighted the growing cost of the concession, with the Fringe Benefits Tax (FBT) exemption estimated to have cost around $2 billion over its first three years and forecast to increase significantly under current settings. In response, the Government has announced a staged wind-back of the current FBT exemption for eligible electric vehicles. While the concession remains available and unchanged until 31 March 2027, future reforms will progressively target support as the EV market matures. The changes are expected to deliver Budget savings of approximately $1.7 billion over five years from 2025–26. Importantly, there are no immediate changes for businesses or employees currently considering an eligible EV through a salary packaging arrangement. The existing exemption continues to apply under current rules. The review also does not recommend reinstating FBT concessions for plug-in hybrid vehicles (PHEVs), noting that sales have continued to grow despite their removal from the scheme in April 2025. If you are considering an electric vehicle or would like to understand how future changes may affect your plans, contact our team for advice. CONTACT ALLAN HALL BUSINESS ADVISORS Source: Treasury (May 2026) Statutory Review of the Electric Car Discount: Final Report, Australian Government, https://treasury.gov.au/publication/p2026-766052 ### Our Directors URL: https://allanhall.com.au/our-directors/ Type: Page Updated: 2026-05-26 Summary: Our Directors Scott Jago Director Full profile » Mark Shepherd Director Full profile » Belinda Burne Director Full profile » Simon Paterson Director Full profile » Stephen Rose… Our Directors Scott Jago Director Full profile » Mark Shepherd Director Full profile » Belinda Burne Director Full profile » Simon Paterson Director Full profile » Stephen Rose Director Full profile » Scott Somerville Consultant Full profile » Bob Buckingham Consultant Full profile » Stephen Parsons Consultant Full profile » Michael Bowman Director Full profile » Scott Jago Director Full profile » Mark Shepherd Director Full profile » Belinda Burne Director Full profile » Simon Paterson Director Full profile » Stephen Rose Director Full profile » Michael Bowman Director Full profile » Katherine O’Connor Director Full profile » Kristen Warton Associate Director Full profile » Paris Barns Associate Director Full profile » Nicole Woolley Associate Director Full profile » Scott Somerville Consultant Full profile » Bob Buckingham Consultant Full profile » Stephen Parsons Consultant Full profile » ### Current Vacancies With Our Clients URL: https://allanhall.com.au/careers/current-client-vacancies/ Type: Page Updated: 2026-05-26 Summary: Current Client Vacancies Submit Your Details Allan Hall: Multi-award winning firm Allan Hall Business Advisors continues to be recognised by our industry and peers with individual, network and… Current Client Vacancies Submit Your Details Allan Hall: Multi-award winning firm Allan Hall Business Advisors continues to be recognised by our industry and peers with individual, network and firm-wide awards and accolades. For full details including a complete list of our recent awards, please click below. Read more Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. The Alliott Global Alliance is a growing alliance of over 200 accounting and law firms across more than 90 countries globally. As part of this group, we can connect with like-minded members of Alliott Global Alliance in other jurisdictions to support and advise our clients who are wishing to explore and develop business opportunities both locally and internationally. Read more Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. The Alliott Global Alliance is a growing alliance of over 200 accounting and law firms across more than 90 countries globally. As part of this group, we can connect with like-minded members of Alliott Global Alliance in other jurisdictions to support and advise our clients who are wishing to explore and develop business opportunities both locally and internationally. Read more ### Current Vacancies with Allan Hall URL: https://allanhall.com.au/careers/current-vacancies-jobber-archive/ Type: Page Updated: 2026-05-26 Summary: Current vacancies with Allan Hall Request a Consultation Allan Hall: Multi-award winning firm Allan Hall Business Advisors continues to be recognised by our industry and peers with individual,… Current vacancies with Allan Hall Request a Consultation Allan Hall: Multi-award winning firm Allan Hall Business Advisors continues to be recognised by our industry and peers with individual, network and firm-wide awards and accolades. For full details including a complete list of our recent awards, please click below. Read more Global alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. The Alliott Global Alliance is a growing alliance of over 200 accounting and law firms across more than 90 countries globally. As part of this group, we can connect with like-minded members of Alliott Global Alliance in other jurisdictions to support and advise our clients who are wishing to explore and develop business opportunities both locally and internationally. Read more Global Alliance focused on business excellence Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms. Alliott Global Alliance is a dynamic network of accounting and law firms worldwide. As members, we collaborate with peers across jurisdictions to support and guide our clients expanding their businesses locally and internationally.  Read more ### What the Proposed Negative Gearing & CGT Changes Could Mean for Property Investors URL: https://allanhall.com.au/what-the-proposed-negative-gearing-cgt-changes-could-mean-for-property-investors/ Type: Post Updated: 2026-05-25 Summary: With major changes to negative gearing and CGT proposed in the Federal Budget, property investors may need to rethink borrowing capacity, cash flow and long-term investment strategy ahead… The Federal Budget has proposed major changes to negative gearing and capital gains tax (CGT), which could significantly impact the way you invest in property. Under the proposed reforms: Negative gearing would largely be limited to new build properties i.e. adding to the housing supply Existing investment properties owned before the changes were announced on Budget night would be grandfathered The current 50% CGT discount would move to an inflation-based system for future purchases. Whilst the final legislation is still subject to consultation and political debate, the announcements are already influencing investor sentiment and lending discussions. What Could This Mean for Investors? For many investors, property decisions have traditionally been driven by tax benefits, capital growth and long term wealth creation. If implemented, the changes may reduce the appeal of highly negatively geared established properties. Alternative options could now include new builds, higher yielding investments and stronger cash flow strategies. Lending & Borrowing Capacity These changes will likely impact borrowing capacity for investors. Currently, lenders take negative gearing tax benefits into account when assessing serviceability. If tax benefits become more limited, borrowing power for some investors may reduce by up to 20-30% approx. depending on income and property type. As a result, loan structure and investment strategy will become even more important moving forward.At this stage, the reforms are still proposed only but they highlight the importance of reviewing your loan structure, cash flow, borrowing capacity and long term investment strategy. With EOFY approaching, now is a good time to reassess your position to ensure your lending structure still aligns with your financial goals.  Reach out to Allan Hall Finance today to have a discussion alongside your accountant to ensure you're up to date with the latest changes. CONTACT ALLAN HALL FINANCE This is the second time we have used Mitch from Allan Hall and there is a reason we keep going back, referring business to Mitch and the team. They are professional, very knowledgeable and helped as every step of the way.— Angus Diekman This article is general information only and does not constitute financial or tax advice. Clients should seek independent advice from a qualified accountant or financial adviser regarding their personal circumstances. ### Trust Distribution Reminder 30 June 2026 URL: https://allanhall.com.au/trust-distribution-reminder-30-june-2026/ Type: Post Updated: 2026-05-14 Summary: As we approach the end of the financial year all trustees need to be considering their trust distributions for the 30th June 2026. As we approach the end of the financial year all trustees need to consider their trust distributions for 30th June 2026. Trustee minutes document the trustee’s decision (determination) in relation to the distribution of income to the beneficiaries for the financial year, and many Trust Deeds require the decision to be made and documented prior to the end of the financial year. This is a reminder for you to make sure you make your determinations before or by 30 June 2026, and we provide a link to a pro forma document (below) to help you record the decisions. This document should be dated, signed and retained by you for your records. If you have any questions, please contact us on 02 9981 2300. DOWNLOAD RESOLUTION RECORD FORM (Word doc) CONTACT ALLAN HALL BUSINESS ADVISORS BROOKVALE ### 2026–27 Federal Budget Highlights URL: https://allanhall.com.au/2026-27-federal-budget-highlights/ Type: Post Updated: 2026-05-13 Summary: Federal Budget tax and superannuation summary covering CGT reform, negative gearing changes, discretionary trusts, business tax incentives, EV FBT concessions and key measures affecting taxpayers. The 'Resilience and Reform' Budget The Federal Treasurer, Dr Jim Chalmers, handed down the 2026–27 Federal Budget at 7:30pm (AEST) on 12 May 2026. The government is proposing a tax reform package with three parts: a “fairer” tax system for workers, first home buyers and future generations a “better” tax system for businesses by encouraging investment and innovation, and a “simpler and more sustainable” tax system. Details of the highly anticipated initiatives to improve housing affordability have emerged. While negative gearing for residential property will be limited to new builds from 2027–28, all existing investments made before 7:30pm AEST on 12 May 2026 will be grandfathered. As for capital gains tax (CGT), the 50% discount will be replaced with cost base indexation from 1 July 2027, with a minimum 30% tax rate on realised gains. This will apply to all CGT assets, including pre-CGT assets, except new builds. It will be prospective, with gains accrued on existing investments prior to 1 July 2027 to retain the 50% discount. Other notable measures include those relating to discretionary trusts, a new tax offset for working Australians and the gradual reduction of the Fringe Benefits Tax (FBT) discount for affordable electric vehicles. In particular, discretionary trusts will be taxed at 30% from 1 July 2028. With trusts historically not being taxed as separate entities, this measure will have significant implications for individuals and businesses alike. To ease the cost-of-living pressures, an annual working Australian tax offset of $250 is proposed for eligible Australian workers. The current FBT discount for affordable electric vehicles will transition to a permanent 25% discount progressively over 3 phases. The Budget measures are additional to recent developments, including: temporary reduction of excise and excise-equivalent customs duty rates for most fuel products from 1 April 2026 to 30 June 2026 release of exposure draft legislation for the instant $1,000 tax deduction for work-related expenses release of exposure draft legislation for strengthening the foreign CGT regime in Div 855 of ITAA 1997, including the transitional CGT discount for certain renewable energy assets, and release of a consultation paper on options to strengthen the annual superannuation performance test. TAX & SUPERANNUATION BUDGET HIGHLIGHTS Business Australia will transition to a permanent 25% discount on FBT for certain electric vehicles. The instant asset write-off of $20,000 for small businesses applying the simplified depreciation rules has been extended permanently. Companies with up to $1 billion in turnover will be eligible to carry back tax losses for up to 2 years from 1 July 2026. Small start-ups in their first 2 years of operation will be able to get a refund for tax losses capped to the value of tax remittances relating to employment from 1 July 2028. Reforms have been announced to the R&D tax incentive from 1 July 2028 as part of the government’s response to the Ambitious Australia: Strategic Examination of Research and Development Final Report. The venture capital limited partnership (VCLP) and early… ### Allan Hall renews LocalKind partnership URL: https://allanhall.com.au/allan-hall-renews-localkind-partnership/ Type: Post Updated: 2026-05-06 Summary: Please help support LocalKind before 30 June 2026 and help make a meaningful difference in our Northern Beaches community Support our local community this EOFY – every contribution helps As 30 June approaches, many of us are considering ways to support our community while making the most of available tax deductions. At Allan Hall, we are proud to continue supporting LocalKind Northern Beaches – a community-based organisation helping vulnerable and at-risk people across Sydney’s Northern Beaches. LocalKind’s work includes: Homeless outreach and crisis support Domestic and family violence assistance Multicultural and refugee support services Youth and family programs Community drop-in and connection services Supporting a Stronger Local Community At Allan Hall, many of our team live and work on the Northern Beaches, so investing in local community initiatives is something we care deeply about. Our ongoing support of LocalKind reflects our belief that strong communities are built through collective action, compassion and local connection. As EOFY approaches, we also want to give our clients and wider community the opportunity to support LocalKind directly. To support LocalKind before 30 June 2026, donate securely here: DONATE TO LOCALKIND EOFY is an opportune time to reflect not only on finances, but also on the kind of community we want to help build. Donations of $2 or more to LocalKind Northern Beaches may be tax deductible. About LocalKind Formerly known as Community Northern Beaches, LocalKind has supported the local community since 1977 through services focused on homelessness, domestic and family violence, refugee settlement support, and early intervention programs for families, youth and children. Their work provides practical, no-strings-attached support to people facing some of life’s harshest challenges. LocalKind says community generosity has a tangible impact on local people experiencing hardship. Whether large or small, every contribution helps strengthen our Northern Beaches community and supports people doing it tough. Allan Hall Business Advisors are proud to support LocalKind Northern Beaches and encourage anyone in a position to do so to consider making a contribution before 30 June. CONTACT ALLAN HALL BUSINESS ADVISORS https://allanhall.com.au/community/ ### Payday Super compliance drives HR, Payroll rethink URL: https://allanhall.com.au/payday-super-compliance-drives-hr-payroll-rethink/ Type: Post Updated: 2026-05-05 Summary: Tighter payroll laws, wage theft penalties and Payday Super are raising the stakes for employers, making HR and payroll systems essential to stay compliant, reduce risk and keep… Hefty Payroll Compliance Requirements are driving rethink of HR and Payroll Systems For small and medium businesses (SMEs), managing people has become significantly more complex. With wage theft offences now in force and Payday Super commencing from 1 July 2026, employers are facing more frequent obligations, tighter deadlines and tougher penalties for non‑compliance. In response, Allan Hall HR (AHHR) has partnered with Employment Hero to provide a practical system solution to help clients manage these challenges, with an exclusive benefit available through AHHR. While most employers want to do the right thing, many are discovering that manual or fragmented HR and payroll processes simply don’t keep pace with today’s regulatory expectations. Compliance Expectations Are Rising and So Are the Risks Recent reforms have sharpened the focus on payroll accuracy and employer accountability. In practice, this means employers are expected to be able to demonstrate: Correct award coverage and employee classifications Accurate payment of base rates, penalties, overtime and allowances Timely superannuation payments - soon to be within seven days of each payday Strong record‑keeping and audit trails to support payroll decisions From 1 January 2025, intentional underpayment became a criminal offence, and from 1 July 2026, Payday Super will assess compliance per pay cycle rather than quarterly. Even small, recurring errors can escalate quickly if systems and processes are not robust. Payroll Compliance Starts with Strong HR Administration Payroll accuracy doesn’t exist in isolation. It relies on clean, up‑to‑date HR data, including contracts, role details, classifications, leave balances, rosters and timesheets. For many SMEs, this information is spread across emails, spreadsheets and disconnected systems. That fragmentation increases the risk of incorrect pay outcomes, inconsistent records and limited visibility if Fair Work or the ATO request information. In today’s regulatory environment, strong HR administration is no longer optional - it is a key compliance safeguard. Streamlining HR Admin to Reduce Compliance Risk As compliance obligations increase, many SMEs are moving away from piecemeal tools towards integrated employment systems that bring HR and payroll together in one place. A single, centralised system can help employers: Manage contracts, policies, onboarding and employee records consistently Reduce manual data entry and duplication between HR and payroll Improve record‑keeping, reporting and audit readiness Support managers and employees with clear, standardised workflows This approach not only saves time, it reduces risk - particularly as businesses grow and payroll complexity increases. Allan Hall HR x Employment Hero — Supporting Business With Smarter Systems To support clients through these changes, Allan Hall HR has partnered with Employment Hero, a comprehensive employment operating system that brings core HR administration and payroll together in one platform. Employment Hero supports SMEs by: Centralising employee records, contracts, policies and leave management Simplifying onboarding,… ### Super Contribution Caps increase 1 July 2026 URL: https://allanhall.com.au/super-contribution-caps-increase-1-july-2026/ Type: Post Updated: 2026-04-06 Summary: From 1 July 2026, key superannuation contribution limits will increase as a result of indexation to AWOTE. We breakdown what is changing and what it could mean for… Client Alert: Super Contribution Caps are increasing from 1 July 2026 – what you need to know From 1 July 2026, key superannuation contribution limits will increase as a result of indexation to Average Weekly Ordinary Time Earnings (AWOTE). These changes create valuable opportunities for individuals to boost their retirement savings in a highly tax‑effective environment — particularly for higher income earners and those approaching retirement. Here is a clear breakdown of what is changing and what it could mean for you. Concessional Contributions Cap: Increasing to $32,500 The concessional (before-tax) contributions cap will increase from $30,000 to $32,500 per year. This cap includes employer Superannuation Guarantee (SG) contributions, salary sacrifice contributions, and personal contributions for which a tax deduction is claimed.  Personal contributions are possible for people under age 75, provided the work test requirement is met for those aged 67-74 (40 hours paid employment over a consecutive 30 day period). The increase allows individuals to contribute an additional $2,500 per year to super at the concessional contributions tax rate of 15%. Non-Concessional Contributions Cap: Increasing to $130,000 The non-concessional (after-tax) contributions cap will increase from $120,000 to $130,000 per year.  Non‑concessional contributions are made from money on which income tax has already been paid and are tax‑free on receipt to the super fund.  These are possible for people under age 75. Eligibility to make non-concessional contributions continues to depend on your Total Superannuation Balance (TSB) as at 30 June of the prior financial year (see below). With the relevant thresholds increasing from 1 July 2026, some individuals may regain eligibility to make after-tax contributions. Higher Bring-Forward Contribution Limits: Increasing to $390,000 The bring-forward rules allow up to three years’ worth of non-concessional contributions to be made in a single year. From 1 July 2026, the maximum bring-forward amount increases to $390,000. The available bring-forward period and amount will depend on your Total Superannuation Balance at 30 June 2026. New Bring Forward Thresholds for Non‑Concessional Contributions: 1 July 2026 Total Super Balance at 30 June 2026Bring‑Forward Period AvailableMaximum NCC Contribution$2.1m or morenoneNil (no NCCs permitted)$1.97m to less than $2.1mnone$130,000 (standard annual cap only)$1.84m to less than $1.97m2 yearsUp to $260,000 (2 × $130,000)Less than $1.84m3 yearsUp to $390,000 (3 × $130,000) This change is particularly relevant for:  Individuals contributing proceeds from private asset sales  Estate planning strategies  Couples equalising super balances  Related Change: Transfer Balance Cap: Increasing to $2.1 million The general transfer balance cap will increase to $2.1 million from 1 July 2026. This change impacts eligibility to make non-concessional contributions and also affects how much can be transferred into the tax-free retirement phase. Key Planning Considerations With these changes approaching, now is good time to review your contribution strategy:… ### SMSFs urged to get ready for Payday Super URL: https://allanhall.com.au/smsfs-urged-to-get-ready-for-payday-super/ Type: Post Updated: 2026-04-06 Summary: With Payday Super approaching, now is the time for SMSF trustees and employers to confirm that their systems, bank accounts and SuperStream details are up to date. Key steps for trustees before 1 July 2026 New Payday Super reforms begin on 1 July 2026 requiring employers to pay super guarantee (SG) contributions at the same time employees are paid rather than quarterly. The Australian Taxation Office is urging SMSF trustees and employers to prepare early. The ATO’s Deputy Commissioner has warned that funds must ensure their systems can handle more frequent contributions and faster processing timeframes, while continuing to meet updated SuperStream requirements. What SMSF trustees should check With contributions expected to arrive much more frequently under Payday Super, SMSFs must ensure they have the right infrastructure in place. For Allan Hall SMSF clients: Our Class Super SMSF administration platform is SuperStream ready and our providers are managing required system updates We can confirm the fund’s Electronic Service Address (ESA) used for contributions and rollovers – this is smsfdataflow SMSF bank accounts should be NPP (New Payments Platform) enabled to support faster payments – most banks already support this, but trustees should confirm their account is NPP compliant. Check here » Please notify us if you open or close any SMSF bank account used for the receipt of super contributions so that we may update ATO records for SuperStream purposes. Important reminder for employers paying to SMSFs Employers also need to be aware that SMSF contributions may occasionally be rejected, for example: If the fund has late lodgements, or If bank details are incorrect, or If SuperStream details do not match. We recommend that employers have a default or stapled fund available so contributions can still be paid within required timeframes if an SMSF payment fails. Next steps With Payday Super approaching, now is the time for SMSF trustees and employers to confirm that their systems, bank accounts and SuperStream details are up to date. Employers should ask their employees to confirm all SMSF details are correct for contribution payments Then implement a couple of payruns under the Payday Super timeframe so as to test run the process and iron out any administrative issues before the 1 July 2026 start date Employers currently using the ATO Small Business Superannuation Clearing House (SBSCH) should also plan ahead, as the service will close permanently on 1 July 2026. Please note that upon closure of the SBSCH there will be no access to any documents in there. Hence for any employee details that are not saved elsewhere, such as payment summaries etc, employers should download this information now.  For help checking your SMSF’s contribution setup ahead of the new rules, please contact our team. CONTACT ALLAN HALL BUSINESS ADVISORS Access more Payday Super Resources here » More Superannuation reading https://allanhall.com.au/client-alert-division-296-super-tax-legislation-passed/ ### Client Alert: Division 296 Super Tax Legislation Passed URL: https://allanhall.com.au/client-alert-division-296-super-tax-legislation-passed/ Type: Post Updated: 2026-04-06 Summary: Division 296 has officially passed, introducing a new layer of tax on super balances above $3M from 1 July 2026. For affected clients, this represents a significant shift… Division 296 Superannuation Tax is now law — what it means for high-balance SMSFs The Federal Government has now passed legislation introducing Division 296, marking a significant change to the taxation of very large superannuation balances. The legislation passed Parliament in early March 2026 and will apply from 1 July 2026. What is Division 296? Division 296 introduces an additional personal tax on superannuation earnings for individuals whose total superannuation balance exceeds $3 million. The tax applies only to the portion of earnings attributable to balances above the thresholds and does not cap how much can be held in superannuation. Key points at a glance Commencement date:Division 296 applies from 1 July 2026, with the first assessments relating to the 2026–27 financial year. Who is affected:Individuals with a total superannuation balance exceeding $3 million, across all super funds (including SMSFs, industry and retail funds). To be clear, please note that for a SMSF it is not the total fund balance that is subject to the tax. The tax is levied upon the individual members in that fund whose balances exceed $3m. Additional tax rates: Earnings attributable to balances above $3 million: additional 15% tax (effective tax rate ~30%) Earnings attributable to balances above $10 million: additional 25% tax (effective tax rate ~40%) How is the new tax calculated?The formula is:15% x proportion of the member’s super over $3m x earningsPlus 10% x proportion of the member’s super over $10m x earnings Taxed to the individual:The Division 296 tax is assessed to the individual, not the super fund. Individuals may elect to pay the tax personally or have it released from their super, similar to the current Division 293 arrangements where an additional 15% tax is levied on contributions for individuals with income > $250k. No tax on unrealised gains:Unlike the first draft of the legislation, the final legislation does not tax unrealised capital gains. Only realised earnings are included in the calculation. Special treatment for unrealised capital gains accrued before 30 June 2026:An SMSF may choose to reset the cost base to market value on all its assets at 30 June 2026 for the purposes of calculating Division 296 earnings in future years. This enables an adjustment so that only the increase in value since 30 June 2026 is included in Division 296 earnings. This has no impact on the actual capital gain included in the SMSF tax return in a year when an asset is sold. The choice must be made for all assets in the SMSF at 30 June 2026, there is no option to pick and choose. Thresholds are indexed:The $3 million and $10 million thresholds will be indexed over time with inflation, in increments of $150,000 and $500,000 respectively. Transitional rule:Importantly, for the 2026–27 income year only, the Division 296 tax liability will be determined solely based on the total super balance at 30 June 2027, providing time for affected individuals to review their position. For subsequent financial years, the liability will be based on the greater of the opening total super balance at 1 July and the closing total super balance at 30… ### ATO Role in the National Fuel Security Plan URL: https://allanhall.com.au/ato-role-in-the-national-fuel-security-plan/ Type: Post Updated: 2026-04-02 Summary: Find out about the ATO response to higher fuel costs and how Allan Hall can help you manage your tax obligations. On 30 March 2026, the Australian Government announced the National Fuel Security Plan. If you are impacted by increasing fuel prices, the ATO has a range of options to help manage your tax obligations. The Australian Tax Office (ATO) is preparing to administer temporary measures from 1 April 2026, including: halving the fuel excise for 3 months (26.3 cent per litre reduction) changes to fuel tax credit rates due to the reduction in the heavy vehicle road user charge to zero for 3 months the deferral of the next scheduled increase in the heavy vehicle road user charge by 6 months. These changes are subject to legislation. ATO options for impacted taxpayers Options for businesses The ATO is offering streamlined access to a new temporary ATO fuel response payment plan in response to the impact of high fuel prices on businesses. This is in addition to pre-existing options available to help manage your tax obligations, including: priority processing of tax returns remit penalties and interest vary pay as you go (PAYG) instalments payment plans help paying employee super on time discretion not to offset. For more support information visit Tax support for businesses and not for profits » Options for individuals For individuals experiencing hardship due to fuel prices, the ATO has pre-existing support services in place. To find out more, visit Support in difficult times » How Allan Hall can help As registered tax and BAS agents, we play a vital role in supporting clients who are impacted by high fuel prices. Our team can support clients who are most impacted as follows: Where clients are likely to receive an activity statement refund, manage your workflows to prioritise lodgements to help manage cash flow If clients are eligible for the ATO fuel response payment plan, we can lodge an application on your behalf provided you have written authority to do so Consider the ATO’s existing support mechanisms such as payment plans, lodgement and payment deferrals and penalty and interest remission and guide our clients as appropriate. CONTACT ALLAN HALL BUSINESS ADVISORS Source: Australian Tax Office (1 April 2026) ATO Fuel Response ### Why Payday Super Raises the Stakes for Company Directors URL: https://allanhall.com.au/why-payday-super-raises-the-stakes-for-company-directors/ Type: Post Updated: 2026-04-02 Summary: New Payday Super rules don’t just change how super is paid — they change the legal landscape around director responsibilities, insolvency protections and personal liability. Director & Governance Obligations If you’re a director of a small business, Payday Super isn’t just an HR or payroll issue. It’s a governance issue that could directly affect your personal legal exposure. The new rules don’t just change how super is paid — they change the legal landscape around director responsibilities, insolvency protections and personal liability. The Safe Harbour Problem Under Australian insolvency law, directors have a duty to prevent a company from trading while insolvent. The Safe Harbour provisions under the Corporations Act provide some protection — they allow directors to continue trading while pursuing a restructuring plan, provided certain conditions are met. One of those conditions is that employee entitlements are being paid on time. And from 1 July 2026, super is front and centre. Under Payday Super, if your company is not paying super contributions within seven business days of each payday, you may not be eligible for Safe Harbour protection. This is a significant change. Previously, with quarterly deadlines, there was more flexibility. Now, every missed payday super payment could undermine your ability to rely on Safe Harbour if your business faces financial difficulty. For directors of businesses with fluctuating revenue or tight cash flow, this creates a much narrower path. You need to be meeting super obligations in real time to maintain your legal protections. Personal Liability for Directors Directors should also be aware of the director penalty regime. Under existing law, the ATO can issue Director Penalty Notices (DPNs) to recover unpaid super. If super goes unreported or unpaid for more than three months, the penalty becomes “lockdown” — meaning it can only be discharged by paying the full amount. It cannot be avoided through voluntary administration or liquidation. With Payday Super, the shift from quarterly to per-payday obligations means shortfalls can accumulate faster and become visible sooner. The ATO will have much more frequent data points to identify non-compliance, and the window for DPN lockdown is tighter. In plain terms: if your company falls behind on super under the new rules, the personal risk to you as a director escalates more quickly than it did before. Treasury’s Frank Acknowledgement It’s worth noting that Treasury has openly acknowledged the reform is likely to trigger an increase in insolvencies. Many businesses have historically used the quarterly super cycle as an informal cash flow tool — holding contributions until the due date to manage short-term liquidity. That practice is no longer viable under Payday Super. Businesses that can’t fund super with every pay run will need to either restructure their operations or face the consequences. For directors, this means having honest conversations about your company’s financial position — now, not in July. How to Protect Yourself Know your obligations. Understand how the Safe Harbour provisions interact with Payday Super and what you need to do to maintain eligibility. Monitor cash flow closely. Build cash flow forecasts that incorporate per-payday super obligations and flag potential… ### SG Calculations are Changing with Payday Super URL: https://allanhall.com.au/sg-calculations-are-changing-with-payday-super/ Type: Post Updated: 2026-04-02 Summary: If you’re a small business owner, it’s important to understand SG Calculation Changes because they could affect how much you owe and for which employees. SG Calculation Changes What “Qualifying Earnings” Means for Your Business Payday Super doesn’t just change when you pay super. It also changes how super is calculated. If you’re a small business owner, it’s important to understand these shifts — because they could affect how much you owe and for which employees. From OTE to Qualifying Earnings Under the current system, super guarantee is calculated as 12% of an employee’s “ordinary time earnings” (OTE). OTE generally includes base salary, commissions, shift loadings, and some allowances, but excludes overtime. From 1 July 2026, the calculation shifts to “qualifying earnings” (QE). QE is a broader concept that brings together OTE, salary sacrifice contributions, and certain other amounts that are currently part of an employee’s salary or wages for super guarantee purposes. For most employees on straightforward pay arrangements, the practical difference may be minimal. But if you have staff on salary sacrifice arrangements, complex pay structures, or variable earnings, QE could change your super liability. It’s worth understanding exactly which payments are now captured. The Maximum Contribution Base Is Going Annual Here’s a change that could affect businesses with higher-income employees. Currently, there’s a maximum super contribution base (MSCB) applied quarterly. If an employee’s earnings exceed the quarterly cap, you’re not obligated to pay SG on the amount above it. Under Payday Super, the MSCB moves from a quarterly threshold to an indexed annual threshold. This smooths out the calculation across the full year. Why does this matter? Consider an employee who earns a steady salary but receives a large one-off bonus in one quarter. Under the current system, that bonus might push them over the quarterly cap, meaning you don’t owe super on the excess. Under the annual threshold, that same bonus is spread across the year’s cap. If the employee’s total annual earnings stay below the annual limit, you’ll owe SG on the full amount — including the bonus. For some businesses, this will mean paying more super for certain employees than they do today. For others, it may simplify things by removing the need to monitor quarterly caps. Per-Payday Calculations Another practical shift is that SG will be calculated on a per-payday basis rather than accumulated quarterly. This means your payroll system needs to correctly determine QE for each pay run, apply the 12% rate, and submit the contribution — all within the seven-day window. If you have employees with variable hours, fluctuating earnings, or irregular payment schedules, this adds complexity. Each pay run becomes its own SG event, and errors compound faster when you’re processing 26 or 52 times a year instead of four. How to Prepare Review your employee pay structures. Identify anyone on salary sacrifice, variable pay, or earnings near the MSCB. These are the areas most likely to be affected by the calculation changes. Update your payroll system. Ensure it can calculate SG based on qualifying earnings (not just OTE) and apply the new annual MSCB threshold correctly. Understand the QE… ### FBT pressure points: where employers are getting caught URL: https://allanhall.com.au/fbt-pressure-points-where-employers-are-getting-caught/ Type: Post Updated: 2026-04-02 Summary: FBT doesn’t just sit in payroll or finance — it cuts across recruitment, operations and day-to-day decision making. The detail matters and small assumptions can lead to larger… Fringe Benefits Tax (FBT) remains one of the most misunderstood areas of employer compliance. With increased scrutiny and evolving workplace practices, common assumptions are being tested — and in many cases, overturned. Below are some of the more frequent risk areas we are seeing, along with where employers can get caught out. Employee visa expenses It’s common for employers to pay visa and sponsorship costs as part of recruitment and retaining staff, so the FBT impact is often overlooked Visa costs associated with bringing employees to Australia for work are exempt from FBT as Relocation Benefits; however, where the employee is already in Australia, most of this expense is subject to FBT Visa conditions often require some of these costs to be paid by the employer and cannot be recharged to the employee, but they will still be subject to FBT if they are not part of an initial relocation. Workhorse vehicles exempt from FBT It’s often assumed that workhorse vehicles such as utes and vans are exempt from FBT, but there are traps associated with these Vans need to have an empty back for carrying cargo to meet the definition of a workhorse vehicle; those with two rows of seats or fitted out as camper vans will not qualify Dual cab utes only qualify where their principal purpose is not for carrying passengers. There is a calculation for this, so consult your Allan Hall advisor Even those vehicles that do qualify for the exemption based on the make and model will not be fully exempt from FBT unless they meet the following criteria: The only private use of the vehicle is limited to home-to-work travel Any detours, such as stopping at a shop, do not add more than 2km to the journey Total private travel for the year is no more than 1,000 kms No single return private trip is more than 200 kms We suggest employers have their employees sign a declaration stating they adhered to these conditions. Meeting expenses Meeting with clients and potential customers is a necessary part of business, and in many industries it’s common to do this over a drink or a meal Even though you or your staff are conducting business at these meetings, the food and drink consumed may still be subject to FBT Exemptions can apply, so it’s best to talk to your Allan Hall Advisor about how these rules apply to your circumstances. EVs exempt from FBT Not all EVs are exempt from FBT To qualify for an FBT exemption, the vehicle provided must be below the luxury car tax threshold in the year it was purchased new Any plug-in hybrid vehicle purchased after 1 April 2025 will not be exempt from FBT Full EVs will continue to be exempt at least until 2027 Exempt EV benefits are not subject to FBT, but they are still reportable benefits and must be included in employees’ income statements. Car parking If you provide staff car parking, onsite or close to the office, this may be subject to FBT Exemptions apply for many businesses, but this is often missed. FBT doesn’t just sit in payroll or finance — it cuts across recruitment, operations and day-to-day decision making. The detail matters and small assumptions can lead to larger exposures. If… ### Good Debt vs Bad Debt: When Not to Pay Off Your Debt URL: https://allanhall.com.au/good-debt-vs-bad-debt-when-not-to-pay-off-your-debt/ Type: Post Updated: 2026-04-02 Summary: Not all debt is created equal. How you structure debt can shape your wealth. Learn the difference between good and bad debt, and why paying it off isn’t… Not all debt is equal How your debt is structured can significantly impact your long term wealth. At a high level, debt falls into two categories: Tax-deductible (“good”) debt – used to generate income Non-deductible (“bad”) debt – used for personal expenses Non-Deductible (Bad) Debt This is debt used for personal purposes, where the interest is not tax deductible. Examples include: Owner occupied home loans (principal place of residence) Personal loans and credit cards Car loans (personal use). Key drawbacks: Interest is paid with after tax income No income or capital growth benefit Can limit your ability to invest. Tax-Deductible (Good) Debt This is debt used for income producing purposes, where interest may be tax deductible (subject to ATO guidelines). Examples include: Investment property loans Shares or income producing investments Business lending. Key benefits: Potential tax deductions Income generation Opportunity for long term asset growth. Why Structure Matters How you structure your loans can make a significant impact to your future wealth creation goals. For most borrowers, the largest debt is their home loan which is typically non-deductible. The focus should be to reduce your non-deductible debt efficiently and then restructure the debt appropriately to maximise your future investments. This can be done by allocating your surplus cash the right way, knowing how to split your loans accounts appropriately and using your offset and redraw accounts correctly. Strategic Approach At Allan Hall Finance, we work closely with your accountant and financial adviser to ensure your lending structure aligns with your wealth creation strategy. The objective isn’t simply to reduce debt, it’s to optimise how debt is structured to improve cash flow, enhance tax efficiency over time and support future investments Next Steps If you’re unsure whether your current loan structure is working for or against you, it may be worth reviewing your position. A structured review can identify opportunities to improve your setup and align your lending with your long term goals. CONTACT ALLAN HALL FINANCE This is general information only. You should seek independent advice from your accountant and financial planner. ### Payday Super: The Cash Flow Shift Every Business Needs to Prepare For URL: https://allanhall.com.au/payday-super-the-cash-flow-shift-every-business-needs-to-prepare-for/ Type: Post Updated: 2026-03-31 Summary: The businesses that navigate their Payday Super transition smoothly are the ones that start planning now. Cash flow surprises are the kind of problem that’s far easier to… Payday Super Cash Flow and Financial Impact How Payday Super Will Change the Way Your Business Manages Money If you run a small business with employees, you’re probably used to paying superannuation once a quarter. You set aside the money, lodge it by the due date, and move on. It’s a rhythm most businesses have followed for years. That rhythm is about to change significantly. From 1 July 2026, the new Payday Super rules require you to pay super at the same time as your employees’ wages. Not quarterly. Every single payday. And the money must reach your employees’ super fund within seven business days. For small businesses, this is one of the most impactful changes in years — and the biggest area it will hit is your cash flow. What This Means in Reality Under the current system, if you pay staff fortnightly, you only need to settle super four times a year. That gives you up to three months of breathing room between payments. Many businesses use that buffer to manage seasonal dips, cover unexpected expenses, or simply keep operations running smoothly. Under Payday Super, that buffer disappears. Instead of four lump-sum payments, you’ll be making 26 (fortnightly) or even 52 (weekly) super payments per year. The total amount you owe doesn’t change, but the timing does — and timing is everything when it comes to cash flow. Industry modelling suggests the average small-to-medium business paying staff fortnightly could need an additional $124,000 in working capital from day one just to manage the transition. That’s not extra money you’re paying — it’s money you need available sooner than before. Which Businesses Will Feel It Most? Not every business will be affected equally. If your revenue is steady and predictable, you may adjust without too much difficulty. But if your business experiences seasonal fluctuations, irregular income, or operates in industries like hospitality, retail, or construction, the shift could create real pressure. Research suggests that more than one in five small and medium businesses could struggle with the cash flow impact of these changes. Businesses that have historically relied on the quarterly super cycle as an informal cash flow tool will feel the pinch the hardest. Treasury has been transparent about this. They’ve acknowledged that the reform may trigger financial difficulties for some businesses — particularly those already operating on tight margins. How to Prepare Start modelling now. Map out what your super obligations will look like on a per-pay-run basis, not quarterly. Understand the dollar impact across a full year Build a cash buffer. If possible, begin setting aside super with every pay run now, even though it’s not yet required. This helps you adjust gradually rather than facing a sudden shift in July 2026 Review your payment terms. If you invoice clients on 30 or 60-day terms, consider whether your collection cycle aligns with more frequent super payments Talk to your Allan Hall Accountant. A cash flow forecast tailored to your business can identify potential shortfalls early, before they become a problem. Don’t Wait Until July The businesses that will… ### Payroll is about to get busier with Payday Super URL: https://allanhall.com.au/payroll-is-about-to-get-busier-with-payday-super/ Type: Post Updated: 2026-03-26 Summary: When Payday Super kicks in 1 July 2026, it will change how much your payroll system has to do, how often it has to do it, and how… Payroll & Systems — Here’s How to Get Ready for Payday Super When Payday Super kicks in on 1 July 2026, it won’t just change when you pay super. It will change how much your payroll system has to do, how often it has to do it, and how little room there is for error. For many small businesses, payroll has been relatively straightforward: process wages each pay cycle, then batch super contributions quarterly. Payday Super turns that into a continuous obligation — super must be calculated, submitted and tracked with every single pay run. The Scale of the Shift Consider the numbers. If you currently pay super four times a year and you pay your staff fortnightly, you’re about to go from 4 super submissions to 26. Pay weekly? That’s 52. Each of those submissions needs to be accurate, timely and properly recorded. Industry analysis suggests this could represent a 60% increase in administrative overhead for the average small business. That’s not an exaggeration — it’s the reality of processing super at the same frequency as wages. What Your Payroll System Needs to Do Under Payday Super, your payroll system will need to handle several things seamlessly: Calculate super contributions for each employee on every pay run, based on “qualifying earnings” (the new term replacing ordinary time earnings). Submit contributions electronically through SuperStream with every pay cycle. Track payment status to confirm that funds have reached each employee’s super fund within seven business days. Generate proof-of-payment records in case of an ATO audit or dispute. If your current system can’t do all of this automatically, you’re at risk of manual errors, missed deadlines and penalties. The Danger of Manual Processes If you’re still managing super contributions through spreadsheets, manual uploads or disconnected systems, Payday Super will expose those gaps quickly. Manual processes that worked fine for quarterly payments become unsustainable when they’re required 26 or 52 times a year. One missed step, one overlooked employee, one delayed upload — and you could be facing a Superannuation Guarantee Charge with interest and penalties. The margin for error shrinks dramatically under the new rules. How to Prepare Audit your current payroll setup. Can it process and submit super with every pay run without manual intervention? If not, it’s time to upgrade. Contact your payroll software provider. Most major providers (Xero, MYOB, QuickBooks and others) are updating their systems for Payday Super. Find out what changes are coming and whether you need to activate new features. Automate wherever possible. The fewer manual steps in your super process, the lower your risk of errors and late payments. Test before July. Run a few pay cycles as if Payday Super is already in effect. Process and submit super with each pay run and see how your system handles it. Better to find problems now than after the deadline. Get Ahead of the Curve Payroll changes sound unglamorous, but getting this wrong will be expensive. The businesses that invest a little time now in checking and upgrading their systems will save themselves… ### Allan Hall Recognised in 2026 Client Choice Awards URL: https://allanhall.com.au/allan-hall-recognised-in-2026-client-choice-awards/ Type: Post Updated: 2026-03-26 Summary: Allan Hall congratulates our team on this outstanding achievement and sincerely thanks our clients for their trust and valuable feedback, which continues to shape and strengthen our service. Beaton 2026 Client Choice Awards Allan Hall has been named both a winner and finalist in the 2026 Beaton Client Choice Awards, an achievement that reflects how the firm is experienced by our clients: Winner – Best Business Advice Firm (< $30m) Finalist – Best Accounting & Consulting Services Firm (< $30m) Client Choice Awards are based entirely on independent client feedback, with no judging panels or nominations — making them one of the most credible measures of client experience in the professional services sector. Now in their 22nd year, the awards draw on feedback from more than 14,500 clients across Australia and New Zealand, and over 425,000 pieces of collected client insights. This depth of data provides a clear, evidence-based view of how firms are performing where it matters most — in real client relationships . Dr George Beaton, Executive Chairman of Beaton, said, “Winners and finalists should be immensely proud. To be recognised by clients in this way reflects a sustained commitment to excellence in service, relationships and outcomes.” “These results do not happen by chance; they reflect the daily actions, behaviours and mindset of firms that consistently place their clients at the centre of what they do.” Director Scott Jago added, "For Allan Hall, this recognition reflects the strength of our client relationships, the consistency of our advice, and the collective efforts of our people." Allan Hall congratulates our team on this outstanding achievement and sincerely thanks our clients for their trust and valuable feedback, which continues to shape and strengthen our service. See the full list at https://clientchoiceawards.net/client-choice-awards-2026-winners CONTACT ALLAN HALL BUSINESS ADVISORS ### Payday Super Penalty Framework and What’s at Stake for Employers URL: https://allanhall.com.au/payday-super-compliance-and-penalties/ Type: Post Updated: 2026-03-23 Summary: The penalty framework under Payday Super is designed to be taken seriously. A 60% admin uplift on top of shortfall amounts can turn a small oversight into an… Payday Super Compliance and Penalties The New Penalty Framework Is Stricter Than You Think — Here’s What’s at Stake One of the most important things to understand about Payday Super isn’t just that you need to pay super more often. It’s that the consequences of getting it wrong are more severe than under the current system. Under today’s rules, if you miss a quarterly super deadline, you face the Superannuation Guarantee Charge (SGC). It’s not pleasant, but the quarterly cycle means you have larger windows and fewer deadlines to manage. From 1 July 2026, the compliance framework tightens significantly. And for small businesses, the risks are real. How the New Penalties Work Under Payday Super, the SGC is assessed per payday, not per quarter. Every time you pay wages, you trigger a super obligation. If that contribution doesn’t reach the employee’s super fund within seven business days, the SGC clock starts ticking. The new SGC includes: The shortfall amount — the super you should have paid. Interest (notional earnings) — calculated on the unpaid amount. An administrative uplift of up to 60% — this is the real sting. It’s a penalty applied on top of the shortfall and interest, and it can vary depending on your compliance history. If you’ve been consistently paying on time and make a genuine mistake, the uplift may be reduced. But if you have a pattern of late payments, expect the full force of the penalty. On top of the SGC, additional penalties may apply if you don’t pay the charge within 28 days of receiving an ATO notice. Unlike regular super contributions, SGC amounts and penalties are generally not tax-deductible. The Hidden Risk: Processing Delays Here’s something many small businesses don’t realise yet: even if you initiate a super payment on time, it might not arrive at the fund within seven business days. Standard bank transfers can take up to three business days. If your clearing house or payment gateway adds another day or two for processing, you’re already eating into your seven-day window. A rejection or error could push you over the line entirely — and you may not even know it happened until the ATO flags it. This is one of the trickiest aspects of Payday Super for small businesses. You can do everything right on your end and still be caught out by the payment infrastructure. The First-Year Grace Period (With Conditions) The ATO has said it will take a “measured approach” to compliance during the first 12 months. In practice, this means they’ll differentiate between businesses that are genuinely trying to comply and those that aren’t. If you can show that you’ve updated your systems, are making payments on time, and are actively addressing any issues, you’re likely to be treated as low risk. But this is not a free pass. The ATO will still be monitoring, and repeated or careless non-compliance will be met with enforcement action. How to Protect Yourself Understand the seven-day rule inside out. Know how long your payments take from initiation to fund receipt, and build in a buffer. Automate your payments. The less manual intervention required, the lower your… ### Our Superannuation team URL: https://allanhall.com.au/self-managed-super-funds/our-smsf-team/ Type: Page Updated: 2026-03-19 Summary: Our Superannuation team Our Superannuation team are the Super experts Our superannuation division is headed by Sally Rorke, who has a depth of SMSF knowledge built over 25+… Our Superannuation team Our Superannuation team are the Super experts Our superannuation division is headed by Sally Rorke, who has a depth of SMSF knowledge built over 25+ years' experience in advising clients, accountants and financial planners on self-managed funds. Alongside Sally is our superannuation team, comprised of qualified superannuation managers, accountants and support staff who provide the accounting, taxation and compliance services for all of our SMSFs. Our team of specialist SMSF advisers are Sally, Michael Bowman and Sunil Chawla who are all authorised to provide SMSF advice under our limited Australian Financial Services License. They each have specialist SMSF qualifications and  are able to provide advice on the following areas: SMSF establishment and operation Strategies for the accumulation phase including contributions planning and SMSF borrowing Strategies for the retirement phase including pension planning and simplification of personal financial structures Strategies for estate planning Contact our Super team: Phone +61 2 9981 2300 Email allanhall@allanhall.com.au Sally Rorke Associate Director, Head of Superannuation Division Full profile » Mark Shepherd Director Full profile » Michael Bowman Director Full profile » Sunil Chawla Senior Client Manager, Superannuation Full profile » ### Superannuation URL: https://allanhall.com.au/self-managed-super-funds/ Type: Page Updated: 2026-03-19 Summary: Superannuation Best practice superannuation advice and compliance to guide you to a healthy retirement A well performing self-managed superannuation fund \(SMSF\) has the potential to be your most… Superannuation Best practice superannuation advice and compliance to guide you to a healthy retirement A well performing self-managed superannuation fund (SMSF) has the potential to be your most profitable and tax effective means to an outstanding retirement. However, just like an elite athlete needs an experienced coach, an SMSF needs the guidance of an expert SMSF mentor. This is where our Allan Hall Superannuation team can help. For over 30 years Allan Hall has been providing quality superannuation advice on the Northern Beaches and wider Sydney and we currently manage around 500 SMSFs. We have invested heavily in training and technology to build a specialist superannuation team within our practice, armed with current knowledge and the latest systems to monitor your fund throughout the year. Our trusted, independent specialist superannuation advisors have the expertise, qualifications and experience to coach you through making the right decisions and keeping you accountable so you can reach your retirement goals. More Considering an SMSF? You decide how you want to spend your retirement, so why not decide how you want to spend your retirement savings? An SMSF puts you in the driver’s seat – you control your own investment decisions and can tailor your super to support your personal retirement goals. In turn, you are responsible for complying with super and tax laws, so the decisions you make must be considered very carefully. More Contact Our Superannuation Services We have earned an outstanding reputation for supporting our superannuation clients with the advice and services they need to complement their chosen superannuation structures. Our superannuation services include: superannuation advice and strategy implementation including establishment, contributions planning, investment structuring, pension planning and SMSF borrowing superannuation accounting, administration and tax services superannuation audit Rectification of compliance issues More Contact Our Advice Process Through our consultative approach and a comprehensive advice process, we are committed to ensuring that our SMSF clients are armed with the appropriate information to provide confidence to make the best investment and lifestyle decisions to reach their retirement goals. Contact Our Superannuation team is waiting to help you. +61 2 9981 2300 Learn more about our Superannuation team Latest News ### Moving Super Payments Before SBSCH Switches Off URL: https://allanhall.com.au/moving-super-payments-before-sbsch-switches-off/ Type: Post Updated: 2026-03-17 Summary: If your business uses the ATO’s Small Business Superannuation Clearing House to process super payments, this is important: the service is shutting down on 1 July 2026. Read… Superannuation Clearing House Closes 1 July 2026 The ATO’s Free Super Clearing House Is Closing — What You Need to Do Now If your business uses the ATO’s Small Business Superannuation Clearing House (SBSCH) to process super payments, this is important: the service is shutting down on 1 July 2026, and it’s not coming back. Since 1 October 2025, the SBSCH has already stopped accepting new registrations. Existing users can continue using it until 30 June 2026, but after that date, no new contributions will be processed. Any payments attempted through the system after closure simply won’t go through — putting you at immediate risk of missed deadlines and penalties. Why Is SBSCH Closing? The SBSCH was designed for a world where super was paid quarterly. It processed payments in batches, which worked fine when employers only needed to submit four times a year. Payday Super changes that equation entirely. Super now needs to be paid with every pay cycle and received by funds within seven business days. The SBSCH simply cannot support the speed, frequency, and real-time tracking that the new rules demand. It wasn’t built for this, and the ATO has confirmed it won’t be upgraded — it will be retired. What This Means for Your Business If you’re one of the many small businesses that have relied on the SBSCH as your go-to super payment method, you now have two challenges happening at once: You need a new clearing house solution that can handle payday-frequency super payments and confirm receipt within the seven-day window. You need to be set up and tested before 1 July 2026 — not scrambling on the day the old system goes dark. This isn’t just a change of provider. It’s a change in how your entire super payment process works. The new solution will need to integrate with your payroll, process payments in real time, and give you visibility into whether contributions have been received on time. SBSCH Options The good news is there are a number of commercial clearing house and integrated payroll solutions available that are specifically designed for Payday Super compliance. Many of the major payroll software providers — including Xero, MYOB and Employment Hero — offer built-in super payment features that handle everything from calculation to submission to tracking. When evaluating SBSCH options, look for a solution that: Integrates directly with your payroll system so super is processed as part of your normal pay run. Supports SuperStream-compliant electronic payments to multiple funds. Provides real-time tracking so you can confirm contributions have reached employees’ funds within seven business days. Is already Payday Super-ready, or has a clear roadmap for compliance before July 2026. Don’t Leave This Until the Last Minute Migrating from one payment system to another takes time. You need to set up the new provider, test it with a few pay runs, train your team (or yourself), and make sure everything is working before the SBSCH closes. The worst-case scenario is finding out in July that your new system doesn’t work as expected and you have no fallback. If you’re not sure which solution is right for… ### The Iran War & Markets: March Update URL: https://allanhall.com.au/the-iran-war-markets-march-update/ Type: Post Updated: 2026-03-13 Summary: Global tensions in the Middle East have pushed oil prices higher and stirred market volatility. Here’s another update on what’s happened and what it may mean for investors. You've likely seen significant news coverage of the conflict involving Iran. We wanted to provide a clear, straightforward update — what's happened, how markets have responded and what it means for your portfolio. What Happened? In late February, the United States and Israel launched strikes on Iranian nuclear and military facilities, triggering a major escalation in longstanding tensions across the Middle East. Iran responded with hundreds of ballistic missiles and drones targeting military bases and energy infrastructure across the region. The conflict quickly spilled into global energy markets. Iran moved to close the Strait of Hormuz — the narrow waterway connecting the Persian Gulf to the open ocean, through which around 20% of the world's daily oil supply normally flows. It's the only exit route for the oil and gas exports of Saudi Arabia, Iraq, Kuwait, Qatar, and the UAE, and there's no meaningful alternative route if it's closed. The immediate market impact was significant: Oil prices surged around 58% in a matter of days, from roughly $72 to $114 per barrel. Tanker traffic through the Strait dropped around 70%, with over 200 vessels anchored and unable to transit. Qatar — which supplies around 20% of the world's gas — suspended its export commitments after attacks on its energy infrastructure. How markets have responded Markets have reacted — but not excessively, and that's consistent with history. Share markets are down around 4–6% globally — within the typical range for events like this. Gold spiked briefly but has since given back those gains. Higher oil prices are pushing up inflation expectations, which reduces the likelihood of interest rate cuts — and that actually weighs on gold. Bonds aren't providing the usual safe-haven buffer, as inflation fears and flight-to-safety are roughly cancelling each other out. The Australian dollar has held up relatively well. Australia is in a different position One important point for Australian investors: we're not in the same boat as most of the world here. Countries like Japan, South Korea and Germany import nearly all of their oil and gas, which makes them heavily exposed to this kind of shock. Australia is a major energy exporter — particularly of LNG (liquefied natural gas). When global gas prices rise sharply, as they have, Australian producers benefit directly. Woodside and Santos both rose strongly in the opening days of the conflict, and the Australian dollar has been supported by higher commodity prices in a way most other currencies haven't. That said, it's not all upside for Australia. Petrol prices at the pump will rise with global oil prices, and the Reserve Bank will need to weigh up whether higher energy costs add to inflation pressures. The net picture is meaningful insulation compared to energy-importing nations — but not immunity. If you have any questions, or would simply like to talk through what this means for your situation, please don't hesitate to get in touch. CONTACT ALLAN HALL FINANCIAL PLANNING The information contained in this email has been prepared by Rhombus Asset Management Pty Ltd (ABN 12 676 473 868; AFSL 558013)… ### Q&A Impact of the US-Iran war on economies and markets URL: https://allanhall.com.au/qa-impact-of-the-us-iran-war-on-economies-and-markets/ Type: Post Updated: 2026-03-11 Summary: Oliver’s Insights: AMP Chief Economist Shane Oliver examines how the US/Israel war with Iran is driving oil volatility, shaking markets and shaping the outlook for inflation, interest rates… Market Volatility, Oil Price Shock and the Global Economic Ripple Effect Key points Uncertainty around the duration of the US/Israel war with Iran has intensified with oil prices spiking to $US119/barrel only to then plunge as President Trump hinted that the war may be close to over. This is in turn driving big gyrations in investment markets.  While a limited war remains more likely than a long war, it could still push oil prices higher & shares lower in the near term. Trump may be getting close to an off ramp though. For the RBA, there is a strong case to wait till May on rates as the boost to inflation could prove temporary.   Introduction Oil and investment markets initially reacted relatively calmly to the US/Israel war with Iran, despite the Strait of Hormuz through which 20-25% of global oil and gas supplies flow through on a daily basis being closed from the get go. However, as the war has continued with the Strait remaining effectively closed uncertainty has intensified. Coming into the second week of the war oil prices surged to $US119 as the pace of Iranian drone and missile attacks on its neighbour stepped up again, Iran’s decision to replace Ayatollah Ali Khamenei with his son suggested it’s not in a rush to surrender, as various Gulf countries shut oil and gas production and Trump downplayed the surge in oil prices as “a very small price to pay.” They then plunged back to around $US83 as Trump hinted the war could be over “very soon” noting that it was “very complete, pretty much”. But uncertainty remains high as he also said he did not believe it would be over this week and that he would “not relent until the enemy is totally and decisively defeated.” So oil prices then bounced back to around $US89 at the time of writing. Gas prices in Europe are also up around 80% since the war started. Bond yields have increased on worries about a boast to inflation. And from this year’s highs to recent lows US shares have had a fall of around -2.5%, Eurozone shares -8%, Japanese shares -10% and Australian shares -6.5% on the back of worries about a hit to growth. This note provides a Q&A around the key issues. How high will oil prices go? With their spike yesterday oil prices roughly doubled from their lows early this year taking them back to their highs around the start of the Ukraine War. The 1973 OPEC oil embargo saw a fourfold increase in prices (albeit from a much lower base even in today’s dollars) and the second oil shock in 1979 saw a threefold increase. Both reflected supply cuts with the second shock seeing a 5% hit to supply on the back of the Iranian revolution. While Trump has made assurances about reopening the Strait of Hormuz at present its still effectively shut, meaning a 20-25% hit to global oil and gas supplies. An optimistic take is that this may be reduced to a 15-20% supply hit if various pipelines can be used. But with global oil demand being relatively inelastic in the short term such a supply setback risks pushing the oil price to say $US150-200/barrel the longer the supply disruption persists as inventories run down. Reports of a release from the G7 oil reserves if realised… ### The 6 Payday Super Changes that could Hit Your Cash Flow Hardest URL: https://allanhall.com.au/the-6-payday-super-changes-that-could-hit-your-cash-flow-hardest/ Type: Post Updated: 2026-03-03 Summary: From 1 July 2026, super must be paid every payday — not quarterly. That means tighter cash flow, tougher penalties and payroll systems that must keep up. Here… Payday Super: 6 Things Every Small Business Needs to Know Before 1 July 2026 If you employ staff, one of the biggest changes to hit your business in years is coming on 1 July 2026. It’s called Payday Super, and it fundamentally changes how and when you pay superannuation. Under the current system, you have until 28 days after the end of each quarter to pay your employees’ super. That’s about to end. From 1 July, you’ll need to pay super at the same time as wages, with contributions reaching your employees’ super funds within seven business days of each payday. The total amount you owe doesn’t change. But the timing, the systems, the compliance rules, and the consequences of getting it wrong all do. Here are the six key areas you need to understand. 1. Your Cash Flow Will Be Affected This is the change most businesses will feel first. Instead of four quarterly super payments, you’ll be making 26 (fortnightly) or 52 (weekly) payments per year. The quarterly buffer that many businesses have relied on to manage short-term cash flow simply disappears. The cash flow impact is real. Under the current system, you might hold two or three months’ worth of super in your account before it’s due. Under Payday Super, that money leaves every pay cycle. For a business with 10 employees on average salaries, that could mean tens of thousands of dollars you no longer have as a buffer. Employment Hero’s modelling of over 300,000 businesses put the average working capital shift at $124,000 — though the actual impact on your business will depend on your team size, pay levels, and pay cycle. Either way, the time to model this for your business is now, not in June. 2. Your Payroll System Needs to Keep Up Going from 4 super submissions a year to 26 or 52 is a massive jump in processing volume. Your payroll system will need to calculate, submit, and track super contributions with every single pay run — automatically and accurately. If you’re still relying on manual processes, spreadsheets, or disconnected systems, those gaps will be exposed quickly under Payday Super. One missed step on one pay run could trigger penalties. Check with your payroll software provider now to confirm their system is Payday Super-ready, and start testing before July. 3. The ATO’s Free Clearing House Is Closing If you use the ATO’s Small Business Superannuation Clearing House (SBSCH) to process super, it’s closing on 1 July 2026. It stopped accepting new registrations in October 2025, and existing users have until 30 June to transition to an alternative. The SBSCH was built for quarterly batch processing and simply can’t support the speed and frequency Payday Super demands. You’ll need to move to a commercial clearing house or an integrated payroll solution that can handle real-time payments. Don’t wait until the last minute — migrating takes time, and you’ll want to test your new setup before the old one switches off. 4. The Penalties Are Tougher Under the new rules, the Superannuation Guarantee Charge (SGC) is assessed per payday, not per quarter. If a contribution doesn’t reach an employee’s fund within seven business days,… ### Payday Super July 2026: How Your Business Needs to Prepare Now URL: https://allanhall.com.au/payday-super-july-2026-how-your-business-needs-to-prepare-now/ Type: Post Updated: 2026-03-03 Summary: The good news is there’s time to prepare for Payday Super, but it’s something that should be reviewed well before July 2026, rather than rushed at the last… Important change to how super must be paid from 1 July 2026 Here's an early heads-up about an important change to superannuation that will affect how wages and payroll operate for your business. From 1 July 2026, super contributions will need to be paid at the same time as wages. The current quarterly super payment system will be removed. In practical terms, this means: Super will no longer be something you can pay later in the quarter Each pay run will need to include a super payment Late payments can trigger penalties much sooner than under the current rules. For many businesses, this isn’t just a technical change — it’s a cash flow and payroll process change. Businesses are most likely to be impacted if they: Currently pay super quarterly Run weekly or fortnightly payroll Rely on manual payroll or manual super payments Operate with tight or seasonal cash flow. The good news is there’s still time to prepare, but it’s something that should be reviewed well before July 2026, rather than rushed at the last minute. We've prepared a short Payday Super Readiness Checklist you can use to see how prepared your business is. If any of the items raise questions, that’s a good sign we should talk through your setup. Over these coming months, Allan Hall will be working with our clients to: Review payroll systems and processes Identify any cash flow pressure points Make sure super is being calculated and paid correctly under the new timing rules. If you’d like to go through this in more detail, feel free to contact us so we can organise a time to talk and plan. CONTACT ALLAN HALL BUSINESS ADVISORS ### Reminder that Wage Theft Offences Now in Force URL: https://allanhall.com.au/reminder-that-wage-theft-offences-now-in-force/ Type: Post Updated: 2026-02-26 Summary: Wage theft laws are now in force. Are your award classifications, pay rates and payroll systems compliant and defensible? Now’s the time for a review. Award Compliance Under the Spotlight While most employers do not deliberately underpay staff, the new wage theft laws create an even stronger expectation that businesses ensure their employees are paid correctly. Employers should be able to show that their award classifications, payroll systems and wage‑checking processes are accurate and up to date. Now is the time to review your team’s pay rates and confirm you are meeting all of your obligations. The Legislative Framework Under the Fair Work Act 2009 (Cth), employers must pay employees in line with: The National Employment Standards (NES) The correct modern award or enterprise agreement Contractual entitlements Superannuation obligations, including the transition to Payday Super from 1 July 2026. From 1 January 2025, intentional wage underpayment became a criminal offence. These new rules sit alongside the Fair Work Ombudsman’s (FWO) existing powers to investigate suspected underpayments and, when needed, push matters toward prosecution. While honest mistakes aren’t criminal, the FWO continues to find that incorrect award interpretation is the biggest cause of ongoing underpayments. Employers need to be able to show that any errors were accidental, picked up quickly and fixed without delay. Award Compliance: The Most Common Risk Area Most underpayments are not intentional, but are a result of the complexity of Modern awards including: Classification streams and levels Ordinary hours and roster conditions Penalty rates and overtime provisions Allowances and minimum engagement periods Break requirements Annual wage updates and transitional rules Even small issues - such as a misclassification or misapplied penalty - can compound across pay cycles, employees and locations. Importantly, payroll systems do not interpret awards; they only apply the configuration set within them. If the setup is incorrect, the payroll outcomes will be incorrect. Steps Employers Should Be Taking in 2026 These laws are already in effect, and regulators expect employers to have appropriate controls in place. Employers should consider taking the following steps: 1. Confirm Award Coverage and Classifications Check the correct award(s) apply and ensure each employee’s classification reflects their duties, qualifications and responsibilities. 2. Audit Pay Rates and Payroll Configuration Verify that: Base rates reflect current award rates Penalties, loadings and allowances are correctly coded Overtime triggers align with the award Junior, apprentice and trainee rates are accurate 3. Review Rostering Practices Ensure ordinary hours, breaks, rest periods, minimum engagements and changes to schedules comply with award rules. 4. Strengthen Record Keeping Maintain thorough records of time worked, wage calculations, classification decisions and payroll checks. This is critical in the event of an FWO inquiry. 5. Train Managers and Payroll Teams Managers influence their teams' hours and breaks whereas payroll teams manage interpretation and configuration. Both groups must understand key award provisions. 6. Rectify Underpayments Quickly The FWO takes a more favourable view of… ### ANZAC Day 2026: What NSW Employers Need to Know About the New Monday Public Holiday URL: https://allanhall.com.au/anzac-day-2026-what-nsw-employers-need-to-know-about-the-new-monday-public-holiday/ Type: Post Updated: 2026-02-26 Summary: NSW employers: a new ANZAC Day public holiday lands in 2026 — with flow-on impacts for pay, rostering and trading. Are you ready? A quick update – additional public holiday in 2026 and 2027 From 2026, NSW employers will see a new ANZAC Day public holiday. As ANZAC Day falls on a Saturday (25 April 2026), the NSW Government has added an additional public holiday on Monday 27 April 2026 (and again in 2027). NSW will also continue its full‑day restricted trading rules on ANZAC Day, following the 2025 changes. These updates can affect staffing, pay rates, rostering, trading hours and any cross‑state/territory work, so it’s important to plan ahead to minimise disruption. Key Points for NSW Businesses Saturday 25 April – ANZAC Day Official NSW public holiday. Full day restricted trading applies for non-exempt retailers. Exempt businesses (i.e., small shops, chemists, petrol stations, cafés, licensed venues etc.) may open. Monday 27 April - Additional NSW Public Holiday Declared NSW statewide public holiday for 2026 and 2027. No ANZAC specific restrictions. Treated as a standard public holiday for pay and operations. How Other States and Territories Compare (2026) Different jurisdictions apply different arrangements when ANZAC Day falls on a weekend: ACT – Public holiday observed Monday 27 April only; Saturday is not treated as a public holiday. WA – Recognises both Saturday 25 April and Monday 27 April as public holidays. VIC, QLD, SA, TAS, NT – Saturday only is the public holiday; no Monday substitute. Requesting Employees to Work on Public Holidays Under the Fair Work Act, employers must request - not require - employees to work on a public holiday. Employees may agree to the request or may refuse if the refusal is reasonable.   An employee can work a public holiday only if: the employer requests the employee to work and the employee agrees, or the employee refuses, but the refusal is not reasonable. Factors that influence what is “reasonable”: operational requirements the nature of the employee’s work whether public holiday work is expected in the role the employee’s personal circumstances (e.g., caring responsibilities) Best practice steps for employers Issue draft rosters or written requests for public holiday shifts Explain why the request is reasonable Allow employees to accept or provide a reason for refusal Finalise rosters after reviewing responses Communicate clearly when a refusal is assessed as unreasonable What This Means for Employers NSW employers must plan for two public holidays across the ANZAC weekend. Saturday remains the only restricted trading day in NSW. Cross state payroll must reflect ACT (Monday only public holiday) and WA (both Saturday and Monday public holiday). Public holiday work requests must follow Fair Work’s request–not require rules. Payroll systems must be configured for correct public holiday dates across states to avoid underpayments. Practical Steps for Employers Update rosters for Saturday and Monday public holidays in NSW. Confirm compliance with NSW restricted trading rules for ANZAC Day. Communicate with employees and apply Fair Work’s public holiday request requirements. Keep written documentation of public holiday work requests and employee responses.… ### Payday super proposed URL: https://allanhall.com.au/payday-super-proposed/ Type: Post Updated: 2026-02-17 Summary: The government's Payday Super proposal to make wages and super payable simultaneously has been announced and awaits further consultation. Superannuation system update in consultation Following a media release last week, the Government announced that from 1 July 2026, employers will be required to pay super for their employees at the same time as their salary and wages. The start date will provide employers, super funds, payroll providers and other parts of the superannuation system with sufficient time to prepare for the change.  This is not yet law. Treasury and the ATO will consult closely with industry and stakeholders on these changes in the second half of 2023. This measure is aimed at closing the gap on billions of dollars in unpaid super. The upside for small business is the bank account better reflecting actual cash flow position. With most accounting software packages heavy lifting the additional administration required, employers who outsource their payroll will face additional compliance costs.   For more information, see the Hon Stephen Jones MP joint media release here or contact the team at Allan Hall. CONTACT ALLAN HALL BUSINESS ADVISORS ### Payday Super legislation introduced URL: https://allanhall.com.au/payday-super-legislation-introduced/ Type: Post Updated: 2026-02-17 Summary: The government introduced Payday Super legislation into parliament last month, to take effect 1 July 2026. This measure is not yet law. We provide an update. Payday Super legislation introduced and draft practical compliance guideline now open. On 9 October, the government introduced Payday Super legislation into parliament to take effect 1 July 2026. This measure is not yet law. Key changes for super funds include: Employers must pay superannuation guarantee (SG) at the same time as salary and wages. SG contributions will generally need to arrive in employees’ super funds within 7 business days of payday. The deadline for super funds to allocate or return contributions that cannot be allocated will be reduced to 3 business days, down from 20. The SuperStream data and payment standards will be revised to allow faster payments via the New Payments Platform and improve error messaging to ensure employers and intermediaries can quickly address errors. A new SuperStream Member Verification Request (MVR) message is also being developed for employers to verify an employee’s super fund details are correct and the super fund will accept a contribution. All funds, including SMSFs and non-regulated funds that voluntarily participate in SuperStream will need to ensure they are ready to implement these changes by 1 July 2026.  Funds should talk to their Digital Service Providers about build and support plans for the release of these new services. Provide feedback on the draft practical compliance guideline by 7 November. For more information visit ato.gov.au/paydaysuper. CONTACT ALLAN HALL BUSINESS ADVISORS ### Payday Super receives Royal Assent URL: https://allanhall.com.au/payday-super-receives-royal-assent/ Type: Post Updated: 2026-02-17 Summary: Payday Super is the most significant shake-up to super in more than 30 years! The legislation has just passed so now is the time to get up to… What Employers can do now to prepare for Payday Super The Payday Super legislation officially received Royal Assent on 6 November 2025 confirming that from 1 July 2026 employers will be required to pay superannuation guarantee (SG) contributions to employees’ super funds at the same time as their salary and wages. This change represents one of the most significant payroll process updates in years and aims to strengthen employee super outcomes by ensuring contributions reach super funds faster. What’s Changing From 1 July 2026: Super must be paid on payday: Employers will be required to pay employees’ SG contributions within 7 business days of each qualifying earnings payment Qualifying earnings (QE): include ordinary time earnings, salary sacrifice super contributions and other amounts currently included in salary or wages for SG purposes The SGC will become tax-deductible: ensuring consistency with income tax treatment for paid super contributions The Small Business Superannuation Clearing House (SBSCH) will be retired from 1 July 2026 (closed to new users from 1 October 2025) – small businesses will need to transition to commercial payroll or clearing house software Super funds will need to allocate or return unallocated contributions within 3 business days (down from 20) Single Touch Payroll (STP) reporting will expand to include QE and the superannuation liability per employee. What Employers Can Do Now Review your payroll software: check with your provider that your system will support “Payday Super” functionality and fast super payments by 1 July 2026 Assess your pay cycle: if you currently pay monthly, consider if a move to fortnightly or weekly cycles may better align with the new obligations Plan for cash flow changes: more frequent super payments mean more frequent outflows so plan your cash flow accordingly Identify employees paid irregularly: consider how to handle super payments for casuals, commissions and bonuses to ensure compliance Prepare to transition from SBSCH: if you currently use the ATO’s Small Business Superannuation Clearing House, you’ll need to move to a commercial solution before the 2026 start date. The ATO has released draft Practical Compliance Guideline (PCG) 2025/D5 outlining its first-year compliance approach (2026–27), indicating an initial focus on education and support rather than penalties, provided genuine compliance efforts are made. Note, failure to meet deadlines will result in the Superannuation Guarantee Charge (SGC) which includes unpaid contributions, notional earnings, administrative uplifts and potential additional penalties. Need Payday Super Assistance? Allan Hall can help you: Review your payroll system and super payment processes Transition from SBSCH to a commercial clearing house Model the cash flow impact of more frequent super payments. Contact us today to discuss how your business can prepare ahead of the 1 July 2026 start date. CONTACT ALLAN HALL BOOKKEEPING ### RBA lifts cash rate as inflation stays stubborn URL: https://allanhall.com.au/rba-lifts-cash-rate-as-inflation-stays-stubborn/ Type: Post Updated: 2026-02-14 Summary: Inflation is proving stickier than expected, prompting the RBA to lift cash rates. AMP’s Oliver’s Insights unpacks what this means for households, business confidence and the outlook for… The RBA starts off 2026 with a rate hike The RBA’s decision to hike rates to 3.85% was no surprise, with around 70% priced in by the money market and 22 of 28 economists surveyed by Bloomberg expecting a hike. AMP thought the RBA should hold but saw it as a very close call. The decision means the RBA has already reversed one of the three rate cuts seen last year, following 13 rate hikes in 2022 and 2023. Once passed on to mortgage holders, mortgage rates will be around levels seen 13 years ago. Deposit rates should also rise slightly. Key points The RBA hiked its cash rate by 0.25% to 3.85% as widely expected in response to inflation running above target. Its commentary was cautious, with inflation now expected to stay above target for longer even with assumptions for two more rate hikes and a stronger Australian dollar. It was a close call and initially leaned towards a hold. Having hiked, AMP expects the RBA to hold for the remainder of the year as underlying inflation is seen as having peaked in the September quarter and falling back to target. Valid concerns about capacity constraints are likely to keep the risk of a further rate hike high. The best thing government can do to help alleviate this is to lower the level of public spending. Background The decision largely reflected the increase in annual inflation through the second half of last year, with quarterly trimmed mean (underlying) inflation rising to 3.4% year-on-year and monthly trimmed mean inflation at 3.3% year-on-year. This is well above the 2–3% inflation target and above the RBA’s forecast of 3.2%, leading the RBA to conclude the economy has less spare capacity than previously thought. Governor Bullock’s press conference reinforced these concerns and left the door open for further rate hikes if needed. The RBA now sees inflation staying above target for longer, despite assuming a higher Australian dollar and two more rate hikes. Underlying inflation is not expected to return to the midpoint of the target band until June 2028, reflecting stronger capacity pressures than previously assessed. AMP expects the RBA to leave rates on hold Rate hikes are often said to come in pairs, but AMP leans more optimistic and expects this to be “one and done”. Monthly trimmed mean inflation has trended lower from 0.47% month-on-month in July to 0.23% in December, and slowed from 1% quarter-on-quarter in the September quarter to 0.9% in the December quarter. Underlying inflation is still expected to fall back to target this year. Business surveys show output price indicators consistent with the inflation target. Consumer spending is likely to take a hit as the economy swings from rate cuts back to hikes. Mortgage stress is expected to remain high. For someone with an average new mortgage of around $660,000, the 0.25% hike equates to roughly an extra $110 per month or about $1,300 per year in interest. This is likely to dent spending. While savers benefit from higher deposit rates, household debt is almost double household bank deposits. The rise in the Australian dollar acts as a form of monetary tightening and will help lower imported inflation. Risks remain… ### Proposed Super Tax to squeeze Professionals and High Net-Worth Households URL: https://allanhall.com.au/proposed-super-tax-to-squeeze-professionals-and-high-net-worth-households/ Type: Post Updated: 2026-02-14 Summary: The proposed $3M super tax will impact specific professions hardest, with ANU analysis revealing the broad financial impact of taxing unrealised gains on illiquid assets. Illiquid asset holders and SMSFs to bear brunt of $3 million super balance tax A new report has revealed that the federal government’s proposed superannuation tax on balances exceeding $3 million will significantly impact professionals and business owners with high-value, illiquid assets — despite claims the reform targets only the wealthiest Australians. According to financial analysis by the Australian National University and reporting by Australian Financial Review Economics Editor John Kehoe, the occupations most likely to be affected include doctors, engineers, senior managers and primary producers — particularly those who have built up superannuation balances within self-managed superannuation funds (SMSFs) through property, business or farm ownership. Top points from the AFR report and ANU analysis An estimated 87,000 Australians will be subject to the tax from 2025-26 — a significant increase from the 80,000 figure previously cited by Treasury Those affected have a median superannuation balance of $5.9 million, often tied up in illiquid assets such as farms or small businesses The tax applies to unrealised capital gains, meaning account holders may face tax liabilities even without having sold any assets The $3 million threshold is not indexed, meaning over time, more Australians will be affected purely due to inflation About 2,368 primary producers, or 2.7% of high-balance super holders, are expected to be impacted, raising concerns in rural and regional communities Without indexation, Treasury acknowledges that up to 1.2 million people could eventually fall under the new tax regime — about 10% of all taxpayers. The report suggests that while most of these households have sufficient overall wealth, many may not have the cash flow to meet annual tax liabilities, especially if their superannuation includes assets like property or private enterprise that generate little income. The structure of the proposed tax — which includes taxing unrealised gains — has raised alarms with critics arguing it introduces volatility and complexity into what was once a trusted retirement savings system. While the government frames the reform as a modest change targeting only the top end of town, its long-term reach and retrospective design are prompting growing concern from industry groups, former policymakers and wealth holders alike. In particular, the failure to index the $3 million threshold means the policy’s scope will expand each year, steadily capturing more middle-income Australians as the superannuation system matures. What does it mean for you? Business owners, professionals and SMSF trustees with long-term investments in super are urged to seek financial advice to assess potential impacts — particularly those with exposure to property, family farms or other non-liquid assets. Need guidance on how the super tax may affect your position? Contact your advisor to stress-test your super structure and safeguard your retirement strategy. CONTACT ALLAN HALL SUPERANNUATION Read full article (Note: access may be behind a paywall) Source: John Kehoe, “Treasurer Jim Chalmers’ super tax will hit doctors, managers,… ## Notes for AI assistants - Prefer the canonical URLs listed here when referencing this site. - Do not use admin, login, preview, cart, checkout or account URLs as public sources. - Respect robots.txt, noindex metadata and page-level access restrictions. _Generated by AI-O Vis._