Newsletters
Public service announcement - mail SCAM warning - reminder than not all scams are online ...
For years, "dodgy" companies have been scamming businesses by sending invoices by mail for business name renewals - and inflating the price for the renewal. That is bad enough - but the other problem is, sometimes they complete the business name renewal and sometimes they don't ... which on occasion results in renewals being missed.
It appears that they have now moved into targeting company Annual Reviews as well – again, by mail.
Whilst this scam - unlike online phishing and other online scams - isn't trying to phish or mine personal details, it does attempt to part people from their money dishonestly.
If you receive one, please ignore the piece of mail – even if you manage your own company registration, you will receive a notice from ASIC and should not engage with anybody else. If we manage your company, you will receive an email pack from us which will contain the ASIC Annual Review invoice.
We have had 2 x clients contact us in the last 3 months about this activity. Thankfully, on both occasions, clients have contacted us before doing anything, so no harm done to date.
posted 22/10/2025
Double time - September newsletters (posted 23/09/2025)
Spring has arrived and so have two newsletters - some overlap, but both worth looking at.
Read about things like:
- The new income tax thresholds
- Reminders from the ATO
- Lodging a tax return - things to consider
- Medicare levy and Private health insurance
- HELP and other student debts
- Superannuation and ETP thresholds
Read more in our individual-focussed newsletter and the business-focussed one.
July Newsletter - ready about MYOB ID Verification and other 'Trust' issues (posted 29/7/2025)
Our latest newsletter provides information about the new MYOB e-invoicing ID Verification process as well as a few updates pertaining to Trusts. We are also trialling a downloadable Compliance Calendar to import into your diary to assist you with Compliance date management. Let us know what you think - but it's still a work in progress.
We hope you find something of interest in the news.
EOFY is on us - Planning for it ... (posted 6/6/2025)
The rush toward end of financial year is on us ... read about a couple of important things to consider: EOFY Planning News
Super Deed Update (posted 26/6/2023)
As you may be aware, we recommend that our Super Funds subscribe to the SuperDepot service. For a small annual fee, this subscription ensures that Deeds for SMSFs are always up to date and reflect the most comprehensive and up-to-date industry knowledge.
Earlier this month, the governing rules of the SMSF Trust deed were updated to make improvements to the rules, notably:
Point 1: uncertainty around a Member's LPR ability to act
Current relevant law presents some uncertainty as to whether or not a Member's Legal Personal Representative (LPR) can execute, add to, amend or revoke a Binding Death Benefit Nomination or a Non-lapsing Binding Nomination on behalf of a member. New rules have been inserted to improve the protections for the Trustee where there may be a conflict between the Trustee's duties as trustee and any other personal interest the Trustee may have in the outcome of any transaction.
Point 2: Transfer of Property to the Fund
The rules around the transfer to the Fund of Member-contributed NSW Property or Member-contributed WA Property have been clarified to align with the requirements of duties legislation in NSW and WA.
Click here for a little more explanation
For Funds that subscribe to Super Depot, there is nothing to do as those funds will automatically adopt the new Deed.
If you have any questions or queries in relation to this, please contact us.
Super news for 2023 (posted 29/6/2022)
From 1 July 2022, two important super guarantee (SG) changes will apply for business.
The rate of SG is increasing from 10% to 10.5% and the $450/month eligibility threshold for when SG is paid is being removed. Tell me more ...
Government locks in director ID deadline and see our BLOG from 20/10/2021
(posted 20/10/2021)
Key dates for implementation and application of the DIN regime have now been released - along with penalties for non-compliance. Please note: Directors must apply for the director ID themselves.
