As we move into the 2025/2026 financial year there are some key changes in tax, superannuation and compliance that are set to impact on a range of individuals and business owners. This edition of our newsletter brings together the most relevant updates to help you stay compliant, minimise your tax exposure and make informed financial decisions.

In this issue:

• Interest expense deductions: we break down what counts and what doesn’t
• Luxury car tax and depreciation traps: the tax rules are more complex than they seem
• Superannuation guarantee increases to 12%: ensure your payroll systems and employment contracts are updated to reflect the new rate and avoid costly penalties
• Updated superannuation and tax thresholds: key updates to contribution caps, CGT contribution limits, and safe harbour interest rates
• Super contributions: get the timing and paperwork right: a reminder on personal super contributions, notices of intent, and total super balance limits
• RBA holds interest rates steady: we unpack what the Reserve Bank’s July decision means for your business strategy.

Being across the above updates will enable you to have more control over your cash flow, compliance risk and strategic planning.

If you have questions about how these changes affect your business or personal situation, we’re always here to help.