Street Quinn Accountants

28/07/2026

As we begin preparing SMSF financial statements and tax returns for the year ended 30 June 2026, we would like to remind you of several important compliance matters that may affect your fund this year.

The ATO continues to increase its focus on SMSF compliance, particularly property valuations, trustee documentation and timely reporting of pension events. Reviewing the information below now will help avoid delays during the preparation and audit of your fund.

https://mailchi.mp/2f3edbf7b86b/subject-important-information-regarding-your-smsf-2026-year-end

13/07/2026

09/07/2026

As its the start the tax season, you might wonder what information you need to gather. We have created a helpful campaign to assist.

http://eepurl.com/KJzAfYseqI

05/07/2026

If you’re not eligible for Medicare benefits for all or part of the financial year, you may be able to claim a Medicare levy exemption on your tax return.

This means you might be exempt from paying the 2% Medicare levy.

You can claim an exemption if:

✅ you have applied for and received a Medicare Entitlement Statement (MES) from Services Australia
✅ all your dependents (including your spouse) are also exempt. This means your spouse may also need to apply for their own MES.

⏰ It can take up to 8 WEEKS, so apply from 1 July! No MES = no exemption.

30/06/2026

Hello New Financial Year!

https://mailchi.mp/d2b27153d453/important-reminders-eofy-is-approaching-fastare-you-ready

26/05/2026

It is a genuine privilege to support our local fire brigades with their annual financial reviews.

We greatly appreciate the vital role they play in protecting and supporting our community, and we thank every member for their ongoing commitment, professionalism and service. Their dedication makes a meaningful difference, and we are proud to assist in supporting such an important community service.

🚒🚒🚒

19/04/2026

Smart tax planning starts before year-end, not after it.

A strategic tax planning session can help you do more than simply meet your obligations — it can help you identify opportunities, improve cash flow and make informed financial decisions before year-end.
✅ Book an in-depth session covering:�• Business structure optimisation�• Asset purchase timing and strategy, including instant asset write-off opportunities�• Superannuation contribution planning, including concessional and non-concessional strategies�• Cash flow and working capital management�• Division 7A compliance and planning — including loans from your company, benchmark interest rates and minimum repayment requirements�• Trust distribution strategies, where applicable�• Capital gains tax planning
📅 Contact us as soon as possible to book your session and receive an upfront quote. Early planning is essential to allow enough time to put strategies in place before year-end.
💡 Your investment in a strategic tax planning session could potentially deliver multiple times its cost in tax savings and improved financial outcomes.
📩 Get in touch today to secure your booking.

16/04/2026