APM Advisors + Accountants

24/06/2026

Tax time is a great time for scammers. Stay safe - if you receive a call from someone claiming to be from the ATO, you can verify it in under 30 seconds:

1. Open the ATO app and log in.

2. Tap ‘Verify Call’ on the main screen.

3. Within moments, you’ll receive a clear notification confirming whether the call is genuine.

If it is the ATO - they will know this process and will not mind waiting. If you get pushback or excuses, may be best to hang up!

15/06/2026

Act now to be ready for 1 July and keep in mind it may take a few pay cycles to settle into the new process.

The ATO has said employers who genuinely try to do the right thing will not be the subject of their compliance action in the first year of Payday Super.
Need a hand? Give our office a call. ☎8400 6500

09/06/2026

Following the release of the December 2025 quarter average weekly ordinary times earnings (AWOTE) the annual concessional contribution (CC) cap will increase from $30,000 to $32,500 from 1 July 2026. The annual non-concessional contribution (NCC) cap will also increase to $130,000.

Read more here:
https://apmaa.com.au/superannuation-contribution-caps-to-increase-from-1-july-2026/

03/06/2026

Need insurance? Electrical work? Marketing? Lawyer? You know those people that know someone for everything? That's us 😀😀 Being local and in this line of business for so long, we know someone for everything and being our client gives you access to our incredible network.

27/05/2026

The Better Targeted Superannuation Concessions measure (known as the Division 296 tax) is now law and takes effect from 1 July 2026. For those with large super balances, it’s important to understand what the new tax does, why it’s been introduced, and the practical steps you and your financial adviser should consider.

You can read more here:
https://apmaa.com.au/what-the-new-div-296-tax-means-for-individuals-with-large-super-balances/

22/05/2026

With the upcoming change to Payday Super, it is important to know when to pay contactors if super applies to them.

The Payday Super changes do not change any rules about eligibility for paying contractors etc, but if you do need to pay super for them, it will also need to be inline with the new Payday Super rules.

Read more here:

Find out what Payday Super means when engaging with independent contractors.

12/05/2026

Employers who provide work vehicles for private use are now under the spotlight. Sophisticated data-matching means assumptions and shortcuts can quickly lead to audits, penalties, interest charges. Read more in our latest article:

https://apmaa.com.au/the-ato-targets-fbt-on-work-vehicles-dont-let-assumptions-cost-you/

07/05/2026

If you don't know where to start or how we can help - pick up the phone and lets have a chat about how we can work together to achieve your financial goals.

☎ 03 8400 6500

30/04/2026

Running a successful business is hard work and sometimes... despite best intentions, tax obligations slip. If the business is being operated through a company structure, then the ATO can potentially issue a Director Penalty Notice (DPN), holding company directors personally liable for unpaid taxes.

Read more in our article:

https://apmaa.com.au/directors-penality-notices-review-a-wake-up-call-for-business-owners-on-personal-tax-risks/

24/04/2026

Late payments and the super guarantee charge (SGC) are changing with Payday super.

What it looks like now:

The SGC applies when amounts aren’t received by a super fund within 28 days of the end of a quarter.
The SGC:
-is self-assessed by the employer, who must lodge an SGC statement
-is calculated based on salary and wages
-includes interest at 10% per annum
-includes a flat administration fee
-is not tax deductible.

From 1 July 2026

The SGC applies when amounts aren’t received by a super fund within 7 business days of payday (unless an extended timeframe applies, such as for new employees).
The SGC:
-is assessed by the ATO
-is calculated based on QE
-includes interest that compounds daily at the general interest charge rate
-includes an administrative uplift, which can vary based on an employer’s history of meeting super guarantee obligations and may be reduced by a voluntary disclosure
-is tax deductible.

If you need help understanding this, please reach out to our office.