DMT Accounting

DMT Accounting DMT Accounting - David Toovey - Gold Coast Accounting practice.

πŸ“’ Trustees – Don’t Forget Your 2026 Trustee Resolution!As we approach 30 June 2026, it is important for all discretionar...
18/06/2026

πŸ“’ Trustees – Don’t Forget Your 2026 Trustee Resolution!

As we approach 30 June 2026, it is important for all discretionary (family) trusts to ensure their Trustee Resolution Minutes are completed before the end of the financial year.

βœ… A Trustee Resolution determines how the trust’s income will be distributed to beneficiaries.

⚠️ If a valid resolution is not prepared by 30 June, the trust could face:
β€’ Higher tax rates
β€’ Unintended distributions
β€’ Compliance issues with the ATO
β€’ Potential trustee disputes

Every trust deed is different, so it is important to review your deed and ensure the resolution is prepared correctly and signed on time.

πŸ“… Don’t leave it until the last minute. Contact DMT Accounting if you require assistance with your 2026 Trustee Resolution Minutes.

πŸ“ž (07) 5594 8464
πŸ“§ [email protected]

DMTAccounting BusinessAdvisory TaxAgent SmallBusinessAustralia

πŸ“Š 2026 TAX PLANNING – HAVE YOU PREPARED BEFORE 30 JUNE? πŸ“ŠAs we approach the end of the financial year, now is the ideal ...
03/06/2026

πŸ“Š 2026 TAX PLANNING – HAVE YOU PREPARED BEFORE 30 JUNE? πŸ“Š

As we approach the end of the financial year, now is the ideal time to review your tax position and identify opportunities to legally minimise tax before 30 June 2026.

Some common tax planning strategies may include:

βœ… Reviewing business profits and expected tax liabilities
βœ… Maximising superannuation contributions
βœ… Reviewing asset purchases and depreciation opportunities
βœ… Writing off obsolete stock and bad debts
βœ… Reviewing trust distributions before 30 June
βœ… Ensuring motor vehicle logbooks are up to date
βœ… Reviewing Division 7A loan accounts
βœ… Considering capital gains tax implications before year-end

Every business and individual situation is different, which is why personalised tax planning can often result in significant tax savings and improved cash flow management.

πŸ“… Tax Planning Appointments Available Now

Our tax planning meetings include a detailed review of your current financial position and practical recommendations tailored to your circumstances.

πŸ“ž Contact DMT Accounting today to arrange your 2026 Tax Planning appointment before 30 June.

πŸ“ Robina, Gold Coast
πŸ“§ [email protected]
🌐 DMT Accounting

πŸ‡¦πŸ‡Ί 2026 FEDERAL BUDGET UPDATE πŸ‡¦πŸ‡ΊThe 2026–27 Federal Budget has now been released with a strong focus on:βœ”οΈ Tax reform  βœ”...
13/05/2026

πŸ‡¦πŸ‡Ί 2026 FEDERAL BUDGET UPDATE πŸ‡¦πŸ‡Ί

The 2026–27 Federal Budget has now been released with a strong focus on:
βœ”οΈ Tax reform
βœ”οΈ Property investors
βœ”οΈ Discretionary trusts
βœ”οΈ Cost of living relief
βœ”οΈ Small business support
βœ”οΈ Electric vehicle changes

KEY HIGHLIGHTS:

πŸ”Ή Proposed changes to negative gearing & CGT concessions
πŸ”Ή Proposed 30% minimum tax on discretionary trusts from 1 July 2028
πŸ”Ή $20,000 Instant Asset Write-Off proposed to become permanent
πŸ”Ή Additional individual tax relief measures
πŸ”Ή Changes proposed to EV FBT exemptions

⚠️ IMPORTANT:
Many of the announcements are currently PROPOSALS ONLY and have NOT yet been passed into legislation. The final outcome and commencement dates may still change.

If you would like to discuss how the Budget may impact your business, investments or tax planning, please contact our office.

πŸ“ž DMT Accounting
Simplifying your numbers, empowering your success.

Happy Mother’s Day from all of us at DMT Accounting πŸ’™Today we celebrate all the incredible mums, grandmothers, step mums...
09/05/2026

Happy Mother’s Day from all of us at DMT Accounting πŸ’™

Today we celebrate all the incredible mums, grandmothers, step mums and mother figures who work tirelessly every day for their families, businesses and loved ones.

Thank you for everything you do behind the scenes and for the endless support, care and strength you provide.

We hope your day is filled with love, relaxation and special moments with family and friends.

Happy Mother’s Day 🌸

Accounting GoldCoast SmallBusiness ThankYouMums

We are relaunching our website…A fresh new look is coming soon πŸ‘€Keep an eye out β€” not long to go.          BusinessSuppo...
20/04/2026

We are relaunching our website…

A fresh new look is coming soon πŸ‘€

Keep an eye out β€” not long to go.

BusinessSupport Accounting

πŸ’° Payday Super is Coming – Is Your Business Ready?From 1 July 2026, super will need to be paid at the same time as wages...
16/04/2026

πŸ’° Payday Super is Coming – Is Your Business Ready?

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

What this means for your business:
βœ”οΈ More frequent super payments (weekly/fortnightly/monthly)
βœ”οΈ Tighter cash flow management required
βœ”οΈ Reduced risk of large quarterly super bills
βœ”οΈ Increased compliance and reporting obligations

⚠️ Important – Penalties for Late Super Payments

If super is not paid on time, businesses may be liable for the Superannuation Guarantee Charge (SGC), which includes:
❌ Super calculated on total wages (not just ordinary time earnings)
❌ Interest (currently 10%) from the start of the quarter
❌ Administration fees per employee, per quarter
❌ No tax deduction for late super payments

With Payday Super, the ATO will have greater visibility β€” meaning late or missed payments will be identified much faster.

What you should do now:
πŸ”Ή Review your payroll processes
πŸ”Ή Ensure your software (e.g. Xero) is set up correctly
πŸ”Ή Plan for the cash flow impact
πŸ”Ή Stay compliant ahead of time

At DMT Accounting, we are already helping clients prepare for these changes to ensure a smooth transition.

πŸ“© If you are unsure how this impacts your business, reach out β€” we are here to help.

Happy Easter from all of us at DMT Accounting 🐣We hope you are enjoying a well-earned break with family and friends, and...
04/04/2026

Happy Easter from all of us at DMT Accounting 🐣

We hope you are enjoying a well-earned break with family and friends, and taking some time to relax and recharge.

Easter is a great reminder of new beginnings, and we look forward to continuing to support you in achieving your financial and business goals throughout the year ahead.

If you have any questions, please let me know and happy to jump on the phone to discuss.

πŸ“… January 2026 Compliance Dates – Stay AheadAs we move into the new year, it’s important to keep on top of your upcoming...
09/01/2026

πŸ“… January 2026 Compliance Dates – Stay Ahead

As we move into the new year, it’s important to keep on top of your upcoming compliance obligations. Below are some key January due dates to have on your radar:

β–ͺ️ QLD Payroll Tax (6-monthly reporting) – 14/01/2026
β–ͺ️ Monthly BAS – 21/01/2026
β–ͺ️ Superannuation Contributions – 28/01/2026
β–ͺ️ Quarterly BAS – 03/03/2026

Staying organised now helps avoid unnecessary stress and penalties later.
If you need assistance with lodgements or would like us to handle this for you, please reach out β€” we are here to help.

DMT Accounting

✨ Thank You for an Incredible 2025 ✨As the year comes to a close, we would like to sincerely thank all of our clients fo...
20/12/2025

✨ Thank You for an Incredible 2025 ✨

As the year comes to a close, we would like to sincerely thank all of our clients for your continued support throughout 2025. It has been a pleasure working alongside you, and we truly appreciate the opportunity to support your businesses and personal financial journeys.

Please note that our office will be closed from 20 December 2025 and will reopen on Monday, 5 January 2026.

We wish you and your families a safe, relaxing, and joyful Christmas break. We look forward to reconnecting in the new year and continuing to work together in 2026.

πŸŽ„βœ¨
β€” DMT Accounting

SeeYouIn2026

πŸŽ“ HECS/HELP Debt Cut by 20%!Great news for students and graduates. The government has confirmed a one-off 20% reduction ...
14/10/2025

πŸŽ“ HECS/HELP Debt Cut by 20%!

Great news for students and graduates. The government has confirmed a one-off 20% reduction to all outstanding HECS/HELP student loan balances as at 1 June 2025.

πŸ’° Automatic adjustment β€” no application needed.
πŸ“† Rollout begins mid-November 2025.
πŸ’‘ If your debt was $27,600, it’ll drop by around $5,520.

Stay across your ATO myGov account for updates, and if you’d like to understand how this impacts your repayments or tax planning, we’re here to help.

β€”
DMT Accounting
Your Business is Our Business
🌐 www.dmtaccounting.com.au

Address

Level 2/14 Edgewater Court
Robina, QLD
4226

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+61755948464

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