Newsletter – July 2026

Inside this month:

• Payday Super Has Arrived – What Employers Need to Know: From 1 July 2026, Payday Super requires employers to ensure super contributions reach employee super funds within seven business days of each payday. For many businesses, this represents a major shift from a quarterly payment cycle to a more frequent, real-time obligation. 
• ATO Cracks Down on Personal Service Income Arrangements: The ATO is sharpening its focus on how taxpayers generating income from personal services deal with that income for tax purposes. The Practical Compliance Guideline PCG 2025/5 clarifies the ATO’s compliance approach to the ‘alienation’ of personal services income (PSI).
• Tax Ombudsman Sees 127% Surge in Complaints: The Tax Ombudsman has reported a dramatic 127% increase in complaints about the ATO this financial year, with nearly 3,000 complaints received in the first 10 months. Debt collection, penalties and tax debt interest charges have dominated the issues raised. 
• Get Ready for 2026-27 – Practical Steps SMSF Trustees Must Take Now:With the start of the 2026-27 financial year, SMSF trustees should take a proactive approach to ensure funds remain compliant and well positioned. Read More for a concise checklist of the key legislative changes, compliance deadlines and practical steps trustees should prioritise. 

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