05/05/2026
Big changes are coming from 1 July 2026 👇
New AML/CTF laws are being extended to accountants and as a regulated requirement under AUSTRAC, this isn’t something we can opt in or out of. It’s a legal obligation all firms must follow.
So what does that mean for you?
For certain services (like setting up entities, property transactions, or using our business address), we’ll need to:
✅ Verify your identity
✅ Understand who we’re acting for
✅ Ask a few questions about the purpose of the work
It’s a standard process similar to opening a bank account and applies to everyone.
The good news? Your day-to-day accounting isn’t impacted ✅
Tax returns, BAS, bookkeeping, payroll, and general advice all remain business as usual.
There’s nothing you need to do right now. When the time comes, we’ll guide you through it step-by-step so it stays simple and stress-free.
Your information will always be handled securely and in line with privacy laws.
If you have any questions about how these changes may affect you send us a message, we’re here to help 🤝