Search

Display 1-10 of 649

SW Accountants & Advisors strengthens Assurance & Advisory capability with three Partner appointments

29/06/2026

SW Accountants & Advisors (SW) has announced three senior appointments to its Assurance & Advisory division effective 1 July 2026. Rondy Cheng has been appointed to the partnership, recognising his significant contribution to the firm over almost 10 years. Adam Christou and Anthony Hodgkinson join SW from Protiviti, a globally recognised consulting firm specialising in […]

Proposed testamentary trust rules: Understanding the 30% minimum tax exemption

25/06/2026

The Federal Government has announced that discretionary testamentary trusts established for genuine testamentary purposes will be exempt from the proposed 30% minimum tax. For discretionary testamentary trusts established on or after 1 July 2028, the exclusion will only apply to trusts that can only benefit individuals and income tax exempt entities. What is considered ‘genuine […]

SW raises over $126,000 for the 2026 Vinnies CEO Sleepout, contributing to more than $630,000 over 10 years

25/06/2026

SW Accountants & Advisors has raised more than $126,000 in support of the 2026 Vinnies CEO Sleepout, marking another significant contribution to Vinnies’ work supporting Australians experiencing homelessness. This year’s result forms part of SW’s long-standing commitment to the CEO Sleepout, with the firm raising more than $630,000 over the past 10 years. Across that […]

AML/CTF: Immediate action required for the real estate & property sector

24/06/2026

Significant changes to Australia’s AML/CTF regime will directly impact the real estate and property sector from 1 July 2026. While these reforms have been building for some time, recent enforcement activity highlights the consequences of getting it wrong. What this means for you If your business is involved in property transactions or related advisory services, […]

Payday Super is nearly here: What employers need to do

23/06/2026

From 1 July 2026, Payday Super will be in force. Employers must pay super at the same time as salary and wages, replacing the previous quarterly regime. Contributions must be received by the employee’s super fund within 7 business days of payday. With Payday Super commencing on 1 July 2026, employers have limited time to […]

Know your consumer: ATO’s new draft ruling for GST cross-border supplies

18/06/2026

On 10 June 2026, the ATO released draft ruling GSTR 2026/D1 (‘the ruling’) which is intended to replace GSTR 2017/1. The draft ruling provides updated guidance on determining when an overseas supplier is making cross-border supplies of services, digital products, or rights to an ‘Australian consumer’ and, therefore, making supplies connected with Australia for GST […]

ATO finalises guidance on when ancillary funds ‘provide a benefit’

17/06/2026

Following our earlier analysis of draft Taxation Determination TD 2025/D3, the Australian Taxation Office (ATO) has now finalised its guidance with the release of Taxation Determination TD 2026/3. The determination confirms the ATO’s view on when an ancillary fund ‘provides’ a benefit and provides further clarification on the role of legally binding commitments when assessing […]

First-wave sustainability reporting in Australia: Practical lessons from ASIC and SW’s team of experts

15/06/2026

As Australia’s first mandatory sustainability reports reach the market, early experience shows that organisations that start early and focus on material climate-related risks and opportunities, governance, data, and documentation will be better placed to meet reporting and assurance expectations under Chapter 2M and AASB S2. Introduction Australia’s first mandatory sustainability reports have now been lodged, […]

Division 7A update: High Court confirms Bendel decision on UPEs

12/06/2026

The High Court has now handed down its decision in Commissioner of Taxation v Bendel, confirming the position for the taxpayer on Division 7A, unpaid present entitlements (UPEs), trust distributions, and private company loans. This is a landmark outcome for the taxpayer. The High Court has dismissed the Commissioner’s appeal, confirming that UPEs arising from […]

Simplify employee share scheme reporting with the CTS ESS Toolkit

28/05/2026

The Australian Taxation Office (ATO) has upcoming reporting obligations for entities offering an employee share scheme (ESS). Find out how the Complete Tax Solutions Employee Share Scheme (CTS ESS Toolkit), our ATO-approved software, can help you meet these requirements efficiently and accurately. Upcoming ATO reporting obligations The ATO requires employers that issue shares or share […]