RTB Accounting Group

01/10/2026

📢 **Heads up: the ATO is no longer accepting payments via credit cards from 30 November 2026**

From **30 November 2026**, the Australian Taxation Office will stop accepting credit card payments for tax debts. The ATO says it doesn't think the cost of credit card merchant fees should be passed on to the community.

**What this means for you:**

✅ **Debit cards are still accepted**, along with BPAY, direct deposit (EFT), direct debit from your bank account, and in-person payment at Australia Post.

⚠️ **On a payment plan linked to a credit card?** You'll need to update your payment method before your first instalment due after 30 November. You can do this online through ATO Online services or by calling the ATO on 13 11 42.

💡 **Used your credit card to manage cash flow or earn points?** Now's a good time to rethink how you'll cover upcoming BAS, PAYG instalments and tax bills.

🔗 Read the ATO's announcement:

Alternative payment options for taxpayers are outlined at ato.gov.au/howtopay.

14/05/2026

Our May 2026 Budget Edition of The Next Move is now available.

This edition explores the major announcements from the 2026–27 Federal Budget, including proposed changes to capital gains tax, negative gearing, discretionary trusts, superannuation, electric vehicle FBT concessions and more.

With many of these measures still subject to legislation, there is understandably a lot of uncertainty around what the changes may ultimately mean in practice. As further detail becomes available, we will continue reviewing the developments closely and providing updates to help our clients navigate the changes ahead.

If you have any questions about how these proposed changes may affect you, please contact our office

https://www.rtbaccountinggroup.com.au/post/the-next-move---2026-budget-edition

10/05/2026

Ok, I admit, I scheduled this one to go at 10pm instead of 10am and I've only just realised....but better to be late than never! Happy Mother's Day to all the Mums, Step Mums, Grandmothers, Great Grandmothers and all the special women in your life. We hope you had an amazing day and thank you for everything that you do for us and for those who are no longer with us, you are always in ours hearts, especially today

03/05/2026

⏰ Reminder: Pay Day Super is coming - less than 2 months to go.

From 1 July 2026, super must be paid at the same time as wages — not quarterly.

For employers, that means:

Super paid every pay run
Payments made within 7 days of payday
No more quarterly deadlines

Now’s the time to get ready

✔ Check your payroll system
✔ Talk to your accountant or provider
✔ Plan for the cash flow shift

Getting organised early will make this a much smoother change for your business.

More info:
https://www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super/about-payday-super

20/04/2026

🔔 Important Update: New AML/CTF Changes Coming

From 1 July, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) requirements are being introduced that will impact accounting and advisory services.

What does this mean for you?
👉 We may ask for a bit more information when onboarding or reviewing your details
👉 You may notice some additional identity and verification checks
👉 It’s all about ensuring we meet our legal obligations and keep your information secure

We’re working to make this process as simple and seamless as possible, and we’ll guide you through anything we need along the way.

If you’d like to learn more, you can visit AUSTRAC’s website here:
https://www.austrac.gov.au/business/amlctf-reforms

If you have any questions, feel free to reach out — we’re here to help 👍

12/04/2026

Pay Day Super is coming – what employers need to know

From 1 July 2026, super will need to be paid at the same time as wages, instead of quarterly.

What’s changing?

Super is paid each pay cycle (weekly, fortnightly or monthly)
Payments need to reach funds within 7 days of payday
The current quarterly system will no longer apply

What this means for your business

* More frequent super payments
* A need to stay on top of payroll processes
* Cash flow planning becomes more important

Why it matters

This change is designed to reduce late or unpaid super and help employees build their savings sooner.

What you can do now

* Check your payroll and super systems are ready
* Start planning for the cash flow impact
* Give us a call if you have any questions.

Some helpful links:

ATO - about payday super
https://www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super/about-payday-super?utm_source=chatgpt.com

ATO - checklists for employers
https://www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super/payday-super-resources/payday-super-checklist-for-employers?utm_source=chatgpt.com

25/12/2025

From our family to yours - Merry Christmas! 🎄✨ We appreciate your support throughout the year and wish you all peace, joy, and success in 2026. Enjoy the day with those you love!

07/09/2025

Happy Father's Day to all the Dads, Grandfathers and special men in our lives. Have an amazing day surrounded by those you love

23/05/2025

From 1 July 2025, the ATO will no longer allow income tax deductions for interest charges, including General Interest Charges (GIC) and Shortfall Interest Charges (SIC).

This applies to all taxpayers—individuals, businesses, trusts, and SMSFs.

If you've previously claimed ATO interest as a deduction, this change could impact your future tax position. Now’s the time to plan ahead and consider settling any outstanding ATO debts before the new rules take effect.

11/05/2025

Happy Mother's Day to all the important women in lives. To those who are no longer with us, you're always in our hearts. ❤️