Category: Small Business
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$20,000 instant asset write-off now permanent, plus loss carry-back
The $20,000 instant asset write-off is permanent from 1 July 2026 and companies can carry back losses again. The rules, the traps and how the two combine.
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Bendel decision: unpaid present entitlements and Division 7A
The High Court held in Bendel that an unpaid present entitlement owed to a company is not a Division 7A loan. What changes for trusts with bucket companies.
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30% minimum tax on family trusts from 1 July 2028 explained
A 30% minimum tax on discretionary trust income is proposed from 1 July 2028. How it works, who pays more, and the rollover and election options in the draft.
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The 30 June tax planning checklist
Almost everything that reduces your tax has to happen before 30 June. A practical checklist for individuals and businesses — super, timing, CGT, trust resolutions and Division 7A.
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Asset protection for small business owners: what works and what doesn’t
Separating trading risk from valuable assets, what trusts actually do, and why timing matters more than structure. Plus the tax trade-offs of each option.
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Division 7A pitfalls: taking money out of your own company
The shareholder loan account that grows quietly all year is the most common Division 7A problem. Benchmark rate 8.77% for 2026–27, the lodgement day deadline, and the six traps that cost the most.
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FBT traps that catch small employers
FBT is 47% on the grossed-up value and the year ends 31 March, not 30 June. The five traps that catch small employers most often, with the current rates and thresholds.
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Payday Super started 1 July 2026: what employers need to do now
Super guarantee is now due every payday, not quarterly, and must reach the fund within 7 business days. What changed, what to check in your payroll, and the cash flow impact most businesses underestimate.
