• $20,000 Instant Asset Write-Off: The $20,000 threshold for small businesses has been extended up-to 30th June 2026. If your business is eligible and you are planning to purchase equipment or assets, they must be installed and ready for use before 30 June to qualify.   
• Payday Super (coming 1 July 2026): From 1 July 2026, employers must pay compulsory super contributions at the same time as wages, with contributions required to arrive at the super fund within seven business days of each payday. This replaces the existing quarterly system and applies from the very first pay run of FY2027. 
• Interest Charges (reminder from 1 July 2025) : As flagged last year, taxpayers can no longer claim tax deductions for General Interest Charges (GIC) or Shortfall Interest Charges (SIC).If you have an outstanding ATO debt, the real cost of carrying it is higher than ever. The current GIC rate for the April to June 2026 quarter is 10.96%, compounding daily, with no tax deduction to soften the blow. 
• AML/CTF Requirements: This is affecting accountants commencing 1st July 2026.  You can read more about this on this link. New AML/CTF Requirements Commencing 1 July 2026
• May 2026 Federal Budget Announcements: The 12 May 2026 Budget included several proposed changes that have attracted significant attention, including reforms to capital gains tax, negative gearing on established residential properties, discretionary trust taxation, and a further personal income tax rate reduction. It is important to note that none of these measures are law yet. They remain proposals only and must pass Parliament before they take effect. We are monitoring all of these closely. If any of the announced changes are relevant to your situation and you would like to talk through what they may mean for you, please get in touch with us.

Related individuals : please refer this link EOFY 2026 – Key Changes & Updates – Individuals / PAYG Employees