We are pleased to supply you with the latest edition of Client Alert, which contains information on a number of important developments up to and including 24 November 2025.
- Heading overseas? Centrelink and the ATO might need to know – Especially if you currently receive Centrelink or other government payments, a little prep will help you enjoy your overseas trip without payment surprises or tax headaches.
- The ATO’s new draft rules could change your holiday home tax claims – Do you own a holiday home that you sometimes rent out? The ATO is targeting situations where properties are used mainly for personal holidays but owners still claim substantial tax deductions.
- FBT and tax considerations for end-of-year parties and gifts in your business – The end-of-year season is a great time to celebrate with your employees and show appreciation for their hard work, but it’s essential to understand the tax implications of hosting work parties and giving gifts.
- Payday superannuation is law: make sure you’re ready – From 1 July 2026, employers must pay their employees’ super contributions within seven business days of payday, replacing the quarterly system.
- Super on government-funded paid parental leave: year-end planning – The government will start paying super from 1 July 2026 for people who take government-funded paid parental leave from 1 July 2025. Employers won’t fund or process these contributions, but they may still affect business planning.
Explanatory Memorandum December 2025
Please contact us if you wish to discuss how the points raised in Client Alert specifically affect you.