Horizon Accounting Solutions, Toukley

Horizon Accounting Solutions, Toukley - Registered Tax Agents & Accountants
- Business Advice
- Estate Planning
- Self Managed Super Funds

SMSF trustees: your end of year checklist ✅30 June is just around the corner. A few timely checks now can protect your ...
23/06/2026

SMSF trustees: your end of year checklist ✅
30 June is just around the corner. A few timely checks now can protect your tax position and avoid costly oversights later.

Key things to action before 30 June:
💰 Contributions - ensure all contributions are received by the fund before 30 June, whether for tax deductibility or post-tax personal contribution limits
📊 Asset valuations - all SMSF assets must be valued at market value as at 30 June, with supporting evidence on file for audit purposes
📁 Records & audit readiness - get your documentation in order now to keep your audit on track

Don't leave it to the last minute - some of these items take time to organise, especially valuations for property or unlisted assets.

For the full checklist, head to our latest newsletter 👉 https://www.horizoncc.com.au/resources

Change coming for businesses 💳From 1 October 2026, card surcharges on eftpos, Mastercard and Visa payments will be banne...
20/06/2026

Change coming for businesses 💳

From 1 October 2026, card surcharges on eftpos, Mastercard and Visa payments will be banned - a major shake-up to how Australian businesses accept payments.

Here's what you need to know:
📌 The ban covers all consumer credit and debit card surcharges
📌 Australians currently pay an estimated $1.6 billionin surcharges each year
📌 Businesses will need to absorb card processing costs into their pricing

Not sure how this affects your bottom line? Our latest newsletter breaks it down 👉 https://www.horizoncc.com.au/resources

🔍 Interesting insight from the Federal Budget...Headline inflation is forecast to sit at 5% through to the June quarter ...
19/06/2026

🔍 Interesting insight from the Federal Budget...

Headline inflation is forecast to sit at 5% through to the June quarter 2026, still well above the RBA's target band and a reminder that cost pressures haven't gone away for households and businesses.

The year’s budget has been released against a backdrop of significant economic challenges, including global fuel price shocks, persistent inflation, rising interest rates and growing concerns around housing affordability. These themes are reflected in the measures that have been announced by the Treasurer.

It's worth keeping an eye on how this plays out, particularly for businesses managing margins and cash flow planning.

Our May newsletter covers this and more - find it on our website here: https://www.horizoncc.com.au/resources

Questions? Reach out to us at Horizon:
📧 [email protected]
📞 (02) 4372 8020

Central Coast Economic Breakfast with the TreasurerThis morning, our Director Amanda attended the Central Coast Economic...
18/06/2026

Central Coast Economic Breakfast with the Treasurer

This morning, our Director Amanda attended the Central Coast Economic Breakfast featuring Treasurer Jim Chalmers.

The event came at a significant time, following yesterday’s announcement regarding changes to the initially proposed Capital Gains Tax (CGT) policy in the Budget. The session provided valuable insights into Australia’s economic outlook, tax policy, and the issues shaping the future of businesses and investors.

At Horizon Accounting Solutions, we are committed to staying informed on developments that may impact our clients. Amanda will be communicating key takeaways and practical implications from the breakfast to help our clients navigate these changes with confidence

17/06/2026

Can you help us find Jacinta?

Jacinta, aged 12, was last seen in Woodberry on Tuesday, 16 June 2026.

Jacinta is known to frequent Woodberry, Beresfield and Newcastle.

Anyone who sees her is urged to contact Port Stephens Hunter Police District or Crime Stoppers on 1800 333 000.

MORE INFORMATION ➡️ https://www.police.nsw.gov.au/news/article?id=125855

Family trusts (also known as discretionary trusts) are highly popular structures in Australia for business ownership, as...
17/06/2026

Family trusts (also known as discretionary trusts) are highly popular structures in Australia for business ownership, asset protection, and wealth management.

Starting 1 July 2028, the Federal Budget introduces a 30% minimum tax on discretionary trusts, and the resulting tax credit passed to beneficiaries will be non-refundable.

This means that if a trust distributes income to an individual beneficiary whose marginal tax rate (plus the Medicare levy) is below 30%, they will lose the excess credit. Furthermore, corporate beneficiaries will not receive any credit at all for tax paid by the trustee.

It's important to note this has not yet been written into legislation, it remains a proposal. There may be substantial changes between now and 2028, it is worth being aware of what it could mean for your structure if it does proceed.

Our May Federal Budget newsletter covers this and more, find it on our website here: https://www.horizoncc.com.au/resources

Questions about your trust structure? Reach out to us at Horizon:
📧 [email protected]
📞 (02) 4372 8020

Ensure that your Trustee Resolutions are prepared and signed before 30 June 2026 for all Discretionary ("Family") Trusts...
15/06/2026

Ensure that your Trustee Resolutions are prepared and signed before 30 June 2026 for all Discretionary ("Family") Trusts.

The ATO have recently released a number of Tax Rulings that may affect trust distributions to adult children, so Tax Planning for 2026 will be vital for anyone using a Family Trust.

📩 Contact our team today to make sure your trust is sorted before the end of financial year.
📧 [email protected]
📞 (02) 4372 8020

🏦 Superannuation contribution caps are increasing from 1 July 2026 The concessional (pre-tax) contribution cap is rising...
13/06/2026

🏦 Superannuation contribution caps are increasing from 1 July 2026

The concessional (pre-tax) contribution cap is rising from $30,000 to $32,500, and the non-concessional (post-tax) cap will increase to $130,000. This means more opportunity to grow your superannuation in a tax-effective environment.

However, there are many eligibility requirements that need to be considered.

Our May newsletter goes into the details on how to make the most of these changes - find it on our website here: https://www.horizoncc.com.au/resources

Want to know how this applies to your situation? Reach out to us at Horizon:
📧 [email protected]
📞 (02) 4372 8020

🏗️ Thinking about investing in a new build? Here’s how the proposed negative gearing changes could work in your favour. ...
09/06/2026

🏗️ Thinking about investing in a new build? Here’s how the proposed negative gearing changes could work in your favour.

Under the government’s proposed changes from 1 July 2027, negative gearing will be limited to new builds only. This means newly constructed properties will be one of the investment types that retains the ability to offset rental losses against your other taxable income making new builds a more attractive option for property investors going forward.

If you’re considering your next investment move, this is worth factoring into your strategy.

Our recent Federal Budget newsletter has the full details - access it on our website here: https://www.horizoncc.com.au/resources

Want to understand what this means for you?

Reach out to us at Horizon:
📧 [email protected]
📞 (02) 4372 8020
We’re here to help! 👋

📅 30 June is just around the corner, are your finances ready for EOFY?End of the financial year is one of the most impor...
08/06/2026

📅 30 June is just around the corner, are your finances ready for EOFY?

End of the financial year is one of the most important times of the year for both businesses and individuals. It’s the perfect opportunity to review your position, maximise deductions, and make sure everything is in order before the clock resets on 1 July.

As tax time approaches, we can help you with:

✅ Maximising your superannuation contributions
✅ Identifying deductions and expenses you can bring forward
✅ Getting your record keeping up to date
✅ Reviewing your business structure and tax position

We have pre 30 June checklists available for our clients to help prepare for the EOFY.

Get in touch with the team at Horizon today and let’s make sure you’re heading into the new financial year in the best possible position.

📧 [email protected]
📞 (02) 4372 8020

Address

4/42 Victoria Avenue
Toukley, NSW
2263

Opening Hours

Monday 7:30am - 5pm
Tuesday 7:30am - 5pm
Wednesday 7:30am - 5pm
Thursday 7:30am - 5pm
Friday 7:30am - 5pm

Telephone

+61243728020

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