Growth IQ

We are specialised providers of Accounting, Bookkeeping and Business Advisory services. We provide tailored financial solutions and strategic business advice.

28/05/2026

Using a discretionary trust for your business?

From 1 July 2028, discretionary trusts will face a minimum 30% tax rate on distributed trust income.

For businesses operating through trust structures, this could affect:

💠 How profits are distributed
💠 How much tax is paid
💠 How much cash stays in the business

Discretionary trusts have traditionally offered flexibility for business owners, particularly around tax planning, asset protection, and family business structures.

As these changes approach, now is a good time to review whether your current structure still supports your long-term plans.

👉 Swipe through the carousel to understand the proposed changes and what they could mean for your business.

If you would like to discuss your position, feel free to get in touch.

📞 (08) 8126 4100
📧 [email protected]

26/05/2026

Your EOFY outcome is largely set.
But do you understand your position?

At this stage of the year, a review brings clarity on where you stand and whether everything is working as it should.

Having a professional go over your position can help you:

💠 Confirm you’re not paying more tax than necessary
💠 Identify any remaining opportunities before 30 June
💠 Ensure your structure still supports your business and personal goals
💠 Avoid surprises when it’s time to lodge
💠 Gain clarity on cash flow and upcoming obligations

If your position hasn’t been properly reviewed, a thorough review can make a meaningful difference — both now and heading into the next financial year.

At Growth iQ, we review your position across your business, investments, and structures to ensure everything is aligned and working together.

📞 (08) 8126 4100
🌐 growthiq.com.au

21/05/2026

Super contributions will be calculated on Qualifying Earnings instead of OTE from 1 July 2026.

Here’s what that means for your business.

Qualifying Earnings (QE) is broader than Ordinary Time Earnings (OTE).

💠 More types of payments may attract super, particularly commissions and salary sacrifice amounts
💠 Payroll systems will need to correctly classify and track these payments
💠 You will need to report both QE and super liability through Single Touch Payroll (STP)

For many businesses, this won’t significantly change the total super paid.

But it will change how payroll is set up, monitored, and reported.

This is where errors can happen if systems aren’t reviewed early.

At Growth iQ, we help businesses assess their payroll setup, identify risks, and prepare for Payday Super before these changes take effect.

19/05/2026

Busy but not seeing the profit you expected? 💲😧

This is a common position for growing businesses. Revenue is strong, the pipeline is full, and the team is consistently working, yet the financial outcome doesn’t reflect the level of activity.

In most cases, this comes back to the margin.

Profit rarely disappears in one obvious place. It tends to slip across multiple areas of the business, often unnoticed, while the focus stays on keeping work moving.

Swipe through the carousel to see:
• Why a full pipeline doesn’t always translate into profit
• Where margin is typically lost across jobs, pricing, and delivery
• What to review in your own numbers to identify the gaps

If your business feels productive but the results are not aligning, it is worth taking a closer look at what that work is actually returning.

📘 For a deeper breakdown, read: ”Profit Leak: Why Your Business Is Busy but Not Making Money” ➡️ https://buff.ly/B3abQMk

14/05/2026

EOFY is approaching. Have you reviewed your tax position yet?

There are still practical steps you can take before 30 June to improve your outcome.

Remember: the strongest outcomes don’t come from last-minute fixes.

Tactics can help in the short term, but they don’t replace having a clear strategy.

If your numbers aren’t clear or you haven’t reviewed your position yet, now is a good time to take a closer look.

If you’d like to discuss your position, feel free to get in touch.

📧 [email protected]
📲 (08) 8126 4100

13/05/2026

The Federal Budget 2026–27 introduces several changes that could affect business owners, investors, and trust structures.

Some of the biggest areas impacted include:

🔹 Negative gearing
🔹 Capital gains tax
🔹 Discretionary trusts
🔹 Trust restructuring
🔹 The instant asset write-off

Several measures begin rolling out between 2026–2028, with transition rules and timing considerations that may affect future planning decisions.

Swipe through the carousel for a high-level breakdown of the changes and what they could mean for your business or investments.

📘 For a deeper analysis, read our latest article:
”Federal Budget 2026: What It Means for Your Business” ➡️ https://growthiq.com.au/federal-budget-2026-explained/

11/05/2026

From 1 July 2026, super won’t be quarterly anymore.

It will be due every single payday.

That means:

• Weekly payroll → super paid weekly
• Fortnightly payroll → super paid fortnightly
• Monthly payroll → super paid monthly

This is a major shift for cash flow.

Instead of holding super and paying it quarterly, your business will need to fund it every pay cycle.

In practical terms:

💠 You’ll need an extra ~12% ready every time you run payroll
💠 There’s no buffer period to manage cash flow
💠 Mistakes or delays can create immediate compliance issues

This isn’t just a payroll change — it changes how your business manages cash day to day.

Now is the time to review your systems, processes, and cash flow planning before this comes into effect.

07/05/2026

Do you forecast cash flow for your business? How far ahead does it go?

If it’s only a few weeks, you’re likely running the business reactively ⚠️

The challenge is that your biggest decisions don’t play out over weeks. They play out over months and even years.

That creates a constraint. You’re making long-term decisions with short-term visibility.

A better approach:
• 13-week forecast for short-term control
• 12-month forecast for planning ahead

📘 Want to set this up properly?
Read: “How Far Ahead Should You Forecast Cash Flow in 2026?” ➡️ https://buff.ly/8gjhknB

05/05/2026

𝗠𝗮𝘆 𝗔𝗧𝗢 𝗱𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 📆

May is a busy one for tax returns, BAS/IAS, FBT and super. Here’s what to keep on your radar 👇

📅 15 May
• 2025 tax returns due for entities not required to lodge earlier (and not eligible for the 5 June concession).
• Companies & super funds — pay if required.
• Individuals & trusts — pay as per notice of assessment.

📅 21 May
• Lodge & pay the April 2026 BAS/IAS (monthly reporters).
• Final day to add new FBT clients for lodgment and payment concessions.
• Fringe Benefits Tax annual return — lodge & pay if lodging by paper.

📅 26 May
• Q3 activity statements — lodge & pay if lodging electronically.

📅 28 May
• Super Guarantee Charge (Q3) — lodge & pay if super wasn’t paid on time.
Note: Late super may be offset against the SGC, but any remaining amount is still payable.

✅ Save this post and set reminders so nothing slips through this month.

𝘕𝘰𝘵𝘦: 𝘠𝘰𝘶 𝘮𝘢𝘺 𝘣𝘦 𝘦𝘭𝘪𝘨𝘪𝘣𝘭𝘦 𝘧𝘰𝘳 𝘦𝘹𝘵𝘦𝘯𝘥𝘦𝘥 𝘭𝘰𝘥𝘨𝘮𝘦𝘯𝘵 𝘥𝘢𝘵𝘦𝘴 𝘸𝘩𝘦𝘯 𝘭𝘰𝘥𝘨𝘪𝘯𝘨 𝘷𝘪𝘢 𝘢 𝘳𝘦𝘨𝘪𝘴𝘵𝘦𝘳𝘦𝘥 𝘵𝘢𝘹 𝘰𝘳 𝘉𝘈𝘚 𝘢𝘨𝘦𝘯𝘵, 𝘴𝘶𝘤𝘩 𝘢𝘴 𝘎𝘳𝘰𝘸𝘵𝘩 𝘪𝘘. 𝘊𝘰𝘯𝘵𝘢𝘤𝘵 𝘶𝘴 𝘵𝘰 𝘧𝘪𝘯𝘥 𝘰𝘶𝘵 𝘮𝘰𝘳𝘦.

30/04/2026

Hiring more people should increase your capacity.

But in many businesses, profit actually shrinks as the team grows.

Why?

Because small inefficiencies start compounding across the business.

📉 Revenue per person starts to fall
💰 Wages grow faster than output
👩‍💻 Overheads slowly creep up
👤 Senior staff stop doing billable work

The result is a business that feels busier than ever — but keeps less of what it earns.

If your team is growing, these four numbers are worth watching:

✔ Revenue per FTE (full-time employee)
✔ Wages as a percentage of revenue
✔ Gross margin by service
✔ Overhead growth compared to revenue growth

These metrics quickly show whether growth is actually improving profitability — or quietly eroding it.

Address

227/235 Unley Road
Adelaide, SA
5062

Telephone

+61431544431

Website

http://growthiq.com.au/

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