Forty Two Advisory

22/07/2026

The rules changed on 1 July 2026, and your compliance calendar needs to catch up.

Super is now due every payday, not quarterly, and must reach your employees' funds within 7 business days. The late lodgement penalty has risen to $364 per 28-day block. And interest on ATO debt is no longer tax-deductible, so an overdue BAS costs more than it used to.

We have updated our full guide to every ATO due date for 2026-27: quarterly BAS (and the extra month you get through a tax agent), income tax returns, FBT, TPAR, payday super and trust distribution deadlines, all in one calendar.

Read the updated guide: https://42advisory.com.au/42-advisory-blog/key-ato-due-dates-bas-payg-fbt-super-tpar

05/06/2026

Choosing the right business advisor is one of the biggest decisions an owner makes. The right one helps you grow. The wrong one quietly costs you time and money.
With business exits in Australia at a four-year high, the quality of advice around you matters more than ever.
The problem? "Business advisor" means something different at every firm. So before you commit, compare them on five things:
✔ Service fit. Do they offer what you need now and as you grow?
✔ Advisor access. Who actually handles your account?
✔ Industry relevance. Have they worked with businesses like yours?
✔ Pricing transparency. Will they give you a fixed, written quote?
✔ Ongoing support. Do they review your numbers regularly, or only at year end?
And one step most people skip: check they are registered with the Tax Practitioners Board. It takes seconds and it protects you.
Our new guide breaks down the full framework, including a credentials checklist and the exact questions to ask in your first meeting.
Read it here 👉

Compare strategic business advisory firms in Australia on service fit, advisor access, pricing and support. A practical guide for SME owners and founders.

15/03/2026

How service trusts work for medical practices in 2026. ATO benchmarks under PCG 2025/5 compliance risks & practical review checklist. Melbourne CPA advisor

15/03/2026

Tax-effective employee benefits for SMEs, directors and owners. Learn how EVs, minor benefits and structure can reduce FBT and improve after-tax outcomes.

20/01/2026

Sole trader structure in Australia explained. Learn the pros, cons, tax implications, and when to restructure as your business grows.

19/01/2026

Most SaaS founders misstate revenue under AASB 15. Learn how to recognise recurring income correctly, stay ATO-compliant, and build investor confidence.

18/01/2026

A practical guide to accounting for SaaS and IT businesses in Australia. Covers subscription revenue, GST, payroll, cashflow and scaling in 2026.

14/01/2026

Melbourne investors — avoid costly ATO property tax mistakes. Learn how a property tax accountant helps maximise your after-tax returns.

10/01/2026

Avoid costly e-commerce accounting mistakes. Learn how Australian online businesses fix chargebacks, GST, inventory & tax with expert ecommerce accountants

10/01/2026

Step-by-step guide for Australian e-commerce stores to set up Shopify & Xero. Manage GST, BAS, and automation with Melbourne e-commerce accounting experts.