McConaghy & Co Chartered Accountants

13/05/2026

23/04/2026

The Management and staff of McConaghy & Co would like to wish you a happy and safe Anzac Day.

12/03/2026

What is Payday Super?

From 1 July 2026, you’ll pay your employees’ super guarantee on payday, at the same time as their salary and wages.

Super contributions must be received by the super fund within 7 business days of payday.

This is the biggest change to employer super obligations in over a decade. It means tighter deadlines, more frequent payments, and stricter penalties for non-compliance.

If you are running a business and you are unsure of this please contact us.

22/01/2026

Happy Australia Day from the Management and Staff at McConaghy & Co.

04/12/2025

20/10/2025

When to lodge your income tax return for the year ended 30 June 2025

If you're lodging your own tax return, it is due by 31 October 2025. If you lodge through a registered tax agent, you generally have until 15 May 2026 to lodge your return.

Contact us if you need assistance with lodging your return.

07/10/2025

Compulsory Repayment Changes

The following changes to compulsory repayments for study and training support loans are now in effect from 1 July 2025:
• The minimum repayment income needed to make a compulsory repayment has increased to $67,000 (from $54,435 in 2024–25).
• Compulsory repayments have moved to a marginal repayment system. They are only calculated on income above $67,000 (instead of the total repayment income).

See the latest Study and training loan repayment thresholds and rates.

If your repayment income is $179,286 or more, your compulsory repayment will continue to be 10% of your total repayment income. You will not be worse off because of the shift to marginal rates.
These rates and thresholds (other than $179,286) will be indexed each year in line with average weekly earnings.

This is an update from the ATO’s website.