This month we look into the upcoming Payday Super reforms which will transform how employers process superannuation. 

We also clarify when advanced professional studies, such as an MBA, may offer legitimate tax benefits. Furthermore, we dip into proposed legislation on “cash acceptance” that could require some retailers to handle physical currency again. 

Then we detail new ATO guidance for SMSF trustees, stressing that education is a critical defence against compliance risks. 

We thank our clients for their support throughout the year and wish everyone a safe and happy holiday season and a bright start to the new year.