Our Insights
What the New Mandatory Cash Acceptance Rules mean for Retailers
Not sure if the cash mandate applies to your business? Talk with Omnis Business Advisors in Perth to check your obligations, exemptions and compliance steps today.
SMSF crypto audits face tougher rules
For trustees, crypto investing through SMSFs is entering a much more regulated environment where audit-ready documentation will be essential.
Division 296 Super Tax Bill introduced to Parliament
The Division 296 super tax bill was introduced to Parliament this week, targeting balances above $3 million and increasing tax rates on future earnings from 1 July 2026.
ATO steps up data-matching and debt enforcement
Concerned about ATO data-matching or debt enforcement? Get advice early to avoid penalties and travel restrictions.
Super guarantee obligations – what employers must get right
Unsure if your super processes are compliant — or ready for the closure of the SBSCH? Talk with Omnis Business Advisory in Perth to review your super guarantee obligations, payment methods and employee fund setup before penalties apply.
Payday Super Checklist for Employers
Payday Super starts on 1 July 2026. If you’re an employer, Payday Super means you will need to make a super contribution for eligible employees for each payday. You don’t need to wait until 1 July to get ready – you can start now.
Dental expenses are private expenses
Think dental bills and grooming costs are tax-deductible? The ATO has issued a clear warning — most personal appearance expenses won’t pass the test.
Australians report tax dodgers in record numbers, ATO reveal
Spotting more ATO tip-offs than ever before, Australians are calling out tax dodging in record numbers — here’s what the red flags reveal.
ATO issues warning on rising barter credit tax schemes
The ATO is warning the community to steer clear of an emerging tax scheme involving barter credits — a type of alternative currency used in some business networks.
ATO tightens rules on claiming holiday home expenses
The ATO has announced that it will take a different approach to expenses claimed in relation to holiday homes.
Employers, start prepping now for SBSCH closure
Employers should start preparing now for the permanent closure of the Small Business Superannuation Clearing House (SBSCH) on 1 July 2026.
Boost your Super with a Downsizer Contribution after selling your home
If you are aged 55 or older, you may be able to contribute from the proceeds of selling your home into your super fund as a downsizer contribution. Conditions apply.
