Health professional practices are entering a new era of payroll compliance. With Payday Super now in effect, health professionals need to ensure employee wages, superannuation and payroll systems are accurate, compliant and up to date.

Importantly, there is no concession for wages paid to yourself or related parties. This, combined with the need to flow money to the practitioner under the Personal Services Income (PSI) rules, means more care needs to be taken when setting your own wage and superannuation levels. In a perfect world, the goal is to pay out all of the taxable profit by year end, with a small adjustment completed during tax planning in June each year. Failure to get the levels right could result in amended BASs, denied deductions for superannuation payments, penalties and interest.

What Has Changed?

From 1 July 2026, employers are required to pay employees’ superannuation at the same time as salary and wages, replacing the previous quarterly payment system. Super contributions generally need to reach the employee’s nominated super fund within seven business days of payday. At the same time, STP continues to provide the Australian Taxation Office (ATO) with real-time payroll reporting, making payroll accuracy more important than ever. This makes backdated adjustments almost impossible and means there is a greater risk of denied superannuation claims.

Unfortunately, the interaction of the new Payday Super rules with the existing Personal Services Income legislation has created a potential issue for health professionals, particularly where they operate through corporate structures. There is now a real need to set appropriate wage levels early and consider superannuation contribution limits in advance.

The additional reporting also means the ATO has the ability to audit and detect more issues in a more timely manner. As a result, Holmans expects to see a significant increase in compliance letters and employee superannuation audits, including superannuation relating to your own wages.

Other Matters to Review

As outlined in prior articles, now is the time to check your current employee details, including the award they are employed under, their superannuation fund details, HECS withholding, PAYG withholding settings, employee bank account details, and any other contract terms and conditions.

Don’t Forget Cashflow Planning

One of the biggest changes for many practices is the impact on cashflow.

Previously, businesses could retain superannuation funds until quarterly due dates. Under the new rules, those funds leave the business each payday. While the total annual super obligation remains unchanged, the timing of payments requires practices to budget differently and maintain sufficient working capital throughout the year.

How Holmans Can Help

At Holmans, we work with healthcare professionals across the Sunshine Coast and throughout Queensland to help simplify wage setting, PAYG withholding, superannuation contribution levels and other tax compliance matters.

We recommend all health professionals review their wage levels for the current financial year and consider setting appropriate wage limits and regular superannuation payments. They should also diarise a meeting with their accountant in May or June to fine-tune final wage and superannuation payments before year end.

Need Specialist Accounting Advice for Your Health Professional Practice?

Holmans has extensive experience working with doctors, specialists, allied health professionals and medical practices across the Sunshine Coast. Learn more about our specialist services for health and medical practitioners and discover how we can help your practice remain compliant while supporting long-term growth.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

Holmans has proudly been named a finalist for the 2026 ARAMA Management Rights Industry TOP Awards in the Service Provider of the Year category, recognising our long-standing commitment to supporting Queensland’s Management Rights industry with specialist accounting, taxation and business advisory services.

Being recognised as a finalist in the 2026 ARAMA Management Rights Industry TOP Awards is a significant honour. These awards acknowledge outstanding performers across the Management Rights sector, and we are proud to be recognised alongside many of the industry’s leading professionals.

A Recognition of Our Commitment to Management Rights

For many years, Holmans has worked closely with management rights owners, providing specialist advice tailored to the unique needs of the industry. From taxation and compliance through to business structuring, finance support, valuations, succession planning and business growth strategies, our team understands the challenges and opportunities that come with owning and operating a management rights business.

Being named a finalist reflects the trusted relationships we have built with our clients and our ongoing commitment to delivering practical, commercially focused advice that helps businesses achieve long-term success.

Thank You to Our Clients and Industry Partners

We would like to sincerely thank our clients for the confidence they continue to place in our team. Your support has enabled Holmans to become one of Queensland’s leading advisers to the Management Rights industry.

We also thank ARAMA for recognising our contribution and for continuing to promote professionalism, innovation and excellence throughout the Management Rights sector.

Celebrating Excellence in the Industry

The winners of the 2026 ARAMA Management Rights Industry TOP Awards will be announced at the awards dinner at The Star Brisbane on Friday, 18 September 2026.

Regardless of the outcome, we are honoured to be recognised as a finalist and remain committed to helping Management Rights businesses navigate complex financial challenges and build stronger, more profitable businesses.

If you’re looking for experienced advisers who truly understand the Management Rights industry, contact the Holmans Management Rights team to discover how we can help your business succeed.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

What is Payday Super?

Under the proposed Payday Super rules, employers will be required to pay employee superannuation contributions each payday, rather than quarterly.

The changes are designed to improve the visibility and timeliness of superannuation payments for employees, while helping reduce unpaid super across Australia.

For employers

The ATO has recently started emailing employers regarding Payday Super. If you have received correspondence from the ATO, it is important not to ignore it and to start preparing now.

Holmans recommends two key actions ahead of 30 June 2026:

• Start paying superannuation each payday now — this allows time to adjust payroll systems and internal processes before the new requirements commence.
• Pay the final quarterly super payment prior to 30 June 2026 — this may help avoid mismatching superannuation payments against the relevant payroll periods as the system transitions to payday reporting.

Employers should also ensure employee superannuation details are current and accurate prior to year end.

Further information is available via the ATO Payday Super page.

For employees

For employees, Payday Super means superannuation contributions will be received more regularly instead of waiting until the end of each quarter.

This provides greater visibility over employer super obligations and allows super balances to begin earning investment returns sooner.

Your employer may contact you prior to year end to reconfirm your nominated superannuation fund details. Other than this, no action is generally required from employees.

Preparing now can make the transition easier

While Payday Super is still approaching, businesses that begin adjusting processes early are likely to experience a smoother transition when the changes take effect.

If you have questions about how Payday Super may affect your business, payroll systems or reporting obligations, please contact the team at Holmans.

Further information:

• ATO – Payday Super
• AustralianSuper – Payday Super overview

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

As you will probably have seen and heard at every possible juncture this week … The Federal Budget on the 12 May 2026 contained some of the most significant tax changes in decades.

While many measures are proposed and not yet passed into legislation, the direction of reform is clear and will have important implications for individuals, property investors, business owners and family groups.

Below is an overview of the key tax changes. Holmans have focused on 3 of the largest changes, which have had our phones and emails here running hot:

• Negative Gearing
• Capital Gains Tax – Removal of the 50% Discount
• Minimum 30% Trust Tax

Importantly, these 3 large changes are due to apply at dates in the future. So there is lots of time for water to flow under this bridge ….. and there is still plenty of time for the Government to make changes (Div 296 & Taxation of Unrealised Gains in Super anyone?). Importantly, there is nothing you need to do urgently before 30 June 2026 in relation to those announcements.

As always, the devil is in the detail, and that detail is yet to be released. So the below is our best interpretation of the proposed changes.

1. Negative Gearing Changes (applies from 1 July 2027)

Grandfathered rules and exemptions:

• Existing properties will retain the current treatment. So no change for existing properties, even post 1 July 2027.
• Superannuation Funds are not covered by these new rules.
• Applies to residential properties only, so commercial properties and share investments are exempt.

New Residential Properties/Rules:

• Negative gearing will be limited to newly constructed residential properties post budget night.
• For established residential properties, a better way to look at the changes is to think “quarantine”, rather than the gearing has being abolished:
  • Losses can no longer offset salary or other income
  • Instead, the losses are quarantined and carried forward
  • Losses can only be applied against future property income (including other rental properties) and future capital gains on property.

What happens between Budget Night and 1 July 2027:

• Normal rules until 1 July 2027.
• To avoid disappointment or regret, we strongly recommend you consult with your accountant prior to any new property purchase to confirm how it may be treated.

Implications:

• In future, more cashflow may be required to hold older residential properties because of the lost tax break along the way.
• Clients looking for negative gearing opportunities will likely focus their attention on New Developments, so increased competition for new stock is expected.
• Alternate structures and options are available, and they might be worth discussing with your Accountant.

2. Capital Gains Tax (CGT) Reform

This change has been “bundled” with the negative gearing changes above, but it actually applies to all asset types, not just property.

Replacement of the 50% CGT Discount (Applies from 1 July 2027)

• The current 50% CGT discount the capital gain amount (where you owned the asset for greater than 12mths) will be removed from 1 July 2027.
• Instead, it will be replaced with:
  • Indexation of the cost base for inflation, and
  • A minimum 30% tax on the “real” capital gain
• Applies broadly to individuals, trusts and partnerships. Does NOT apply to Superannuation Funds.
• Applies to all asset types, including businesses, property, shares, crypto and so-on.
• Transitional rules will preserve gains accrued before 1 July 2027. Valuations and ATO approved methods of calculation/apportionment, will apply to any gains that accrued pre (50% Discount method) and post 1 July 2027 (Indexation method).
• Importantly, Pre-CGT Assets will be caught in this tax change and the gain post 1 July 2027 will now be taxable.
• There is a limited exemption from the minimum 30% tax where you are on Government Benefits.

Implications:

• It is expected to increase the tax collected on investment disposals when compared to the 50% General Discount method.
• It may no longer be as important to defer CGT events to low-income periods. However, it is best to consult with your accountant first.

3. Discretionary Trust Reform – Minimum 30% Tax

This is a fundamental change in the tax and ordinary concepts associated with Family (discretionary) Trusts.

30% Minimum Tax (from 1 July 2028)

• Introduction of a 30% minimum tax on discretionary trust income
• Does not apply to Fixed Trusts, Superannuation Funds and some Special Trusts (Deceased Estate and Special Disability Trusts). Note, there is a fear it will apply to Testamentary Trusts.
• The 30% tax will be paid at the trustee (Trust) level and creates a non-refundable tax credit
• Beneficiaries are still then taxed on their gross distribution from the Trust and can apply the tax credit against any tax payable in their hands. Importantly though, it is a non-refundable offset, ensuring that a minimum of 30% tax is paid on all Trust income.
• Beneficiary companies (often referred to as Bucket Companies) are in an even worse position, and at this stage, are not entitled to a credit at all. It appears double taxation of the income will likely apply (tax of up to 51%).
• The Government will announce an expanded rollover relief from 1 July 2027 to allow Trusts to restructure (without Capital Gains tax implication) in preparation for the new rules. Whether Transfer (Stamp) Duty will apply to the restructure is still a matter for the States.

Key consequences/implications:

• Reduces effectiveness of income splitting
• Bucket Companies arrangements appear to be dead.
• If you operate your business out of a Trust, you will need to review your structure prior to 1 July 2028.
• If your family Trust owns shares in a trading company, you may still need to review your structure to prevent lost franking credits (Franking Credits now appear to convert to a non-refundable offset instead, not necessarily flow through).
• Where families have an average tax rate lower than 30% in a normal year, they may now be disadvantaged under this new Minimum Trust Tax. Wages or restructuring will be required to ensure excess tax is not paid.
• In short, if you have a trust in your Family Group, your structure needs to be reviewed prior to 1 July 2028.

There are too many possible implications to detail here. The devil will most certainly be in the detail. Holmans expect the Government will receive a lot of industry feedback prior to implementation and accordingly, there may be changes, exemptions or even extensions to this law. Regardless, it will be important to plan prior to 1 July 2028.

4. Personal Income Tax Relief

Income Tax Cuts (from 1 July 2026)

• The marginal tax rate for income between $18,201 and $45,000 reduces from 16% to 15%, and is legislated to reduce further to 14% from 1 July 2027
• Provides modest but broad-based relief across all taxpayers

$250 Working Australians Tax Offset (from 2027–28)

• A new annual tax offset of up to $250 for workers
• Applies to salary and wage earners (and includes sole traders)
• Designed to increase the effective tax-free threshold

$1,000 Instant Work-Related Deduction (from 2026–27)

• Taxpayers can claim up to $1,000 without substantiation
• Larger deductions can still be claimed under normal rules

Practical takeaway:

These measures provide modest relief and simplification, but are largely outweighed (for many clients) by changes on the investment side.

5. Business and Small Business Measures

Permanent Instant Asset Write-Off

• $20,000 write-off was made permanent, provides certainty for capital investment planning

Loss Carry-Back (Reintroduced and now permanent)

• Companies can offset current losses against prior profits

Start-Up Support

• Introduction of loss refundability for early-stage businesses

What This All Means for you

While the reforms are significant, several key points should guide you:

1. Timing Matters

• Most major changes commence from 1 July 2027 or later
• Provides a planning window of 1–3 years

2. No Immediate Action Required

• For the 2026 tax year it is business as usual, there are minimal direct impacts from the budget prior to 30 June. Of course, Holmans recommend Tax Planning every year, but there is no additional urgency because of the Budget Announcements.

3. Strategic Review Required In Future

Clients should consider reviewing their group structures and investment strategies, including but not limited to:

• Trust vs company structures
• Timing of asset disposals
• Investment strategy (property vs alternatives)
• Use of superannuation and other suitable structures as a tax shelter

4. Avoid Reactive Decisions

• Many of the announced measures lack final detail, and changes do often occur prior to becoming legislation.

See your accountant and early. Leave sufficient time for planning and any implementation. For now, watch this space.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

Thinking about entering the management rights industry? A free upcoming Brisbane event is set to provide valuable insights for both first-time buyers and experienced operators looking to better understand the current market.

Discover Management Rights Brisbane: 360° Insights for Every Buyer

This free industry event brings together some of Queensland’s most respected management rights specialists for an informative morning session covering finance, legal considerations, compliance, valuations, market conditions and buyer expectations.

Holmans is proud to be part of the expert panel, with Chantel Duplessis presenting on accounting and taxation considerations within the management rights industry. Chantel will provide practical insights into financial structures, taxation obligations and key accounting factors buyers should understand before purchasing a management rights business.

What Attendees Will Learn

• Current management rights market conditions and buyer expectations
• Finance, accounting and taxation considerations
• Legal, compliance and valuation insights
• How to better understand management rights business structures
• Key considerations when assessing opportunities
• Exclusive Brisbane listings presented publicly for the first time

Expert Industry Panel

• Trent Pevy – Pevy Lawyers
• Chantel Duplessis – Holmans Accountants
• Cameron Wicking – Mike Phipps Finance
• Mike O’Farrell – MLR Services
• Trevor Rawnsley – ARAMA
• Victor James – Validum

Prize Draw

Every registered attendee will go into the draw to win 2 x MRITP Course places with ARAMA, providing valuable industry training for those considering a future in management rights.

Event Details

• Date: Saturday 30 May 2026
• Time: 9:00 AM – 11:30 AM AEST
• Venue: Full Moon Hotel Sandgate
• Address: 118 Eagle Terrace, Sandgate QLD 4017
• Cost: Completely Free
• Refreshments: Morning Tea Provided
• Parking: Ample Parking Available

Whether you are just beginning to explore management rights or actively searching for the right opportunity, this event offers valuable insights from some of the industry’s leading professionals.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

Thinking about entering the management rights industry?

The upcoming Management Rights Made Easy Seminar on the Gold Coast is designed to provide an expert introduction to one of Australia’s most established accommodation and property investment sectors.

Hosted by ResortBrokers, the seminar will bring together leading specialists across sales, finance, accounting, legal, and training to help prospective buyers better understand how management rights businesses work and what to consider before entering the industry.

Seminar details:

• Date: Saturday 6 June 2026
• Time: 9:00am – 12:00pm
• Location: RACV Royal Pines, Gold Coast
• Address: Ross Street, Benowa QLD 4217

Fully catered morning tea will be provided, with limited spaces available.

Why management rights continue to attract buyers

Management rights businesses continue to attract strong interest from Australians looking for a combination of business ownership, lifestyle flexibility, and investment potential.

These businesses can provide:

• Strong recurring income streams
• Long-term agreements
• The opportunity to live onsite
• Lifestyle benefits in desirable locations
• Established operational systems
• Potential for long-term growth

For many buyers, management rights offer an appealing pathway into business ownership while living in sought-after regions such as the Gold Coast.

What attendees will learn

The seminar is designed to provide practical insights into the management rights industry, including:

• What management rights are and how they operate
• Why they are often considered secure, low-risk businesses
• The differences between holiday and permanent complexes
• Current opportunities in the Gold Coast market
• Finance structures and lending considerations
• Business structuring and taxation considerations
• Legal due diligence and contract pitfalls
• Training and licensing requirements

Meet the expert panel

ResortBrokers

Todd Warner, Clint Amos, and Nathan Bock are ResortBrokers’ Gold Coast management rights sales specialists. As market leaders in management rights sales, the team has handled numerous transactions across both holiday and permanent complexes.

The ResortBrokers team will provide current market insights and discuss where they believe the strongest investment opportunities currently exist.

Mike Phipps Finance

With more than 30 years of experience in accommodation industry finance, Mike Phipps Finance is recognised as one of Australia’s leading finance specialists in the sector.

Paul Grant will discuss the current state of the management rights industry, available finance options, and insights into lending considerations specific to management rights businesses.

Holmans Accountants

Holmans has conducted income verification reports for buyers on hundreds of management rights businesses across Australia.

Lel Parnis will provide practical insights into analysing profit and loss statements, understanding business performance, and structuring a management rights business effectively from an accounting and taxation perspective.

Pevy Lawyers

Pevy Lawyers acts for a significant number of new entrants into the management rights industry.

Amy McKee will discuss the importance of specialist due diligence when purchasing a management rights business, along with key pitfalls buyers should avoid throughout the contract and settlement process.

Validum Group

Victor James Pisanos from Validum Institute will provide information around training and licensing pathways within the real estate and property management industry.

Established in 2016, Validum Institute delivers online and blended learning courses across property services, sales, and property management.

An opportunity to learn from industry specialists

For anyone considering entering the management rights industry, seminars such as this can provide valuable real-world insights before making a major financial commitment.

Understanding the financial, legal, operational, and market aspects of management rights is an important part of making informed business decisions.

At Holmans, we continue to work closely with management rights buyers and operators across Australia, helping clients better understand financial performance, taxation considerations, and business structuring opportunities within the industry.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

Many small to medium business owners managing Sunshine Coast business tax obligations are paying more than they need to — not because they’re doing anything wrong, but because they haven’t reviewed their structure, setup, or strategy recently.

If your business has grown, changed direction, or simply become busier, there’s a good chance your tax position could be improved.

Here’s a quick check to see if you might be overpaying.

1. Has your Sunshine Coast business grown in the last 12–24 months?

What worked when you first started may no longer be the most effective structure today.

If your revenue or profit has increased, staying as a sole trader (for example) could mean you’re paying more tax than necessary.

A simple review of your structure can often uncover opportunities to improve tax efficiency and protect your assets.

2. Are you just “lodging” instead of planning?

Many businesses fall into the habit of:

• Doing the books
• Lodging BAS and tax returns
• Repeating each year

Without stepping back and planning ahead.

Tax outcomes are largely determined before the financial year ends — not after.

If you’re only reacting at tax time, you’re likely missing opportunities.

3. Are you clear on what you can actually claim?

Uncertainty around deductions often leads to one of two outcomes:

• Overclaiming (which carries risk)
• Underclaiming (which costs money)

Common areas of confusion include:

• Vehicle use
• Home office expenses
• Equipment and asset purchases
• Travel and mixed-use expenses

Clarity here can make a meaningful difference.

4. Is your bookkeeping up to date?

Outdated or inconsistent bookkeeping makes it difficult to:

• Track profitability
• Make informed decisions
• Identify tax-saving opportunities

More importantly, it often leads to rushed decisions later on.

Good data = better outcomes.

5. Are you surprised by your tax bill each year?

If your tax bill catches you off guard, it’s usually a sign that:

• There’s no forward planning in place
• Cash flow and tax haven’t been aligned
• You’re operating reactively instead of proactively

A clear tax strategy should remove surprises.

For further guidance on deductions and compliance, the Australian Taxation Office (ATO) provides up-to-date information for businesses.

6. Have you reviewed your setup recently?

Things change:

• Business income increases
• New revenue streams appear
• Personal circumstances shift

If you haven’t reviewed your setup in a while, there’s a good chance it’s no longer optimised.

Why this matters for Sunshine Coast businesses

Many local businesses experience steady growth without revisiting how they’re structured or managed from a tax perspective.

Over time, this can quietly lead to unnecessary tax being paid year after year.

Final thought

Paying tax is part of doing business — but paying more than you need to shouldn’t be.

A simple review can often highlight opportunities to improve your position without adding complexity.

Want a second opinion?

If you’d like a clear view of where your business stands, the team at Holmans can review your current setup and identify any opportunities to improve your tax position.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

Act Now to Prepare for Payday Super

While Payday Super is due to officially commence on 1 July 2026, employers affected by the new rules should begin preparing now.

Holmans recommends that all employers start applying the new Payday Super approach before 1 July 2026 so that any systems, processes and cash-flow impacts can be managed well before the rules become mandatory.

What is changing?

Payday Super changes how and when employers must pay employee superannuation guarantee contributions.

From 1 July 2026, employers will be required to pay employees’ super guarantee on payday, rather than quarterly.

This means super contributions must be paid whenever employees are paid — whether that is weekly, fortnightly or monthly.

Under the new rules:

• Super guarantee will be calculated at 12% of an employee’s qualifying earnings (QE).
• Qualifying earnings bring together ordinary time earnings (OTE) and certain other payments into a single definition.
• Super contributions must be paid to the employee’s super fund on payday.
• The contribution must be received by the super fund within 7 business days of the pay run, unless an extended timeframe applies (for example for new employees).

Closure of the ATO Superannuation Clearing House

The ATO Small Business Superannuation Clearing House will close on 30 June 2026.

Employers currently using the ATO clearing house will therefore need to transition to an alternative clearing house provider.

More information about the closure can be found here:
ATO Small Business Superannuation Clearing House

What employers should do now

Holmans recommends that businesses begin preparing now by taking the following steps:

• Check employee superannuation details
  Ensure each employee’s superannuation fund details are current and recorded correctly.
• Confirm your payroll software is compliant
  Check that your payroll or accounting software is STP and SuperStream compliant and that it will support Payday Super requirements. If unsure, speak with your bookkeeper or software provider.
• Choose a new clearing house if required
  If you are currently using the ATO clearing house, you will need to move to an alternative provider.
• Begin paying super each pay run
  Holmans recommends transitioning to Payday Super payments before 30 June 2026. This allows your business time to understand the cash-flow impact, ensure payroll systems are working correctly and resolve any administrative issues before penalties apply.
• Ensure super details are obtained for new employees
  Employers should ensure they have valid superannuation fund details on file for all new employees. Where employees do not provide fund details, a Stapled Super Fund may need to be used. Holmans’ general preference is to ensure super details are provided before employment commences where possible.

A list of SuperStream-certified clearing houses can be found here:
SuperStream Certified Product Register

What happens if employers do not comply?

The consequences of failing to comply with Payday Super requirements can be complex and costly.

These changes have been introduced to ensure that employees receive their superannuation contributions on time.

The ATO will use Payday Super reporting data to identify non-compliance quickly and move into review and enforcement where required.

For most businesses, it will be far simpler to prepare early and ensure systems are ready before 1 July 2026.

Where can I find more information?

• ATO Payday Super overview
  ATO Payday Super Overview
• ATO employer preparation checklist
  ATO Payday Super Checklist for Employers
• Xero Payday Super resources
  Xero Payday Super Information

You can also speak with your bookkeeper, payroll provider or software provider.

Need help preparing for Payday Super?

If you would like assistance reviewing your payroll systems, clearing house arrangements or superannuation processes, Holmans can help.

Please contact the Holmans team to discuss how your business can prepare for Payday Super before the 1 July 2026 deadline.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR

Ready to take the next step in your accounting career?

Holmans is looking for an experienced and driven Senior Accountant / Client Manager to join our growing team on the stunning Sunshine Coast.

This is a work-from-home role for candidates based in Brisbane or the Gold Coast, with regular connection to our Sunshine Coast team as needed.

This is more than a job — it’s an opportunity to thrive in a values-driven firm that believes in genuine client care, collaboration, and having a little fun along the way.

About Holmans

We’re a long-established, 4-partner firm with offices in Noosa and Maroochydore. Holmans is proud to deliver exceptional service and strategic advice, with deep expertise in the accommodation and tourism sectors, particularly Management Rights businesses.

Our Accommodation Team works closely with clients across the full lifecycle of their business, from acquisition and growth through to optimisation and exit planning.

We’ve built a culture around support, professional growth, and genuine care for each other and our clients. If you’re seeking variety, flexibility, and real career progression this is the place.

Your Role

As a Senior Accountant / Client Manager – Accommodation Team (Management Rights Focus), you will:

• Building lasting relationships with clients, particularly in the accommodation industry
• Delivering tax, accounting, and business advisory services
• Providing strategic guidance in areas such as forecasting, cashflow, and growth planning
• Preparing financial statements, tax returns, BAS and payroll tax obligations
• Being a trusted advisor and part of the client’s success journey
• Prepare Adjusted Profit & Loss for Sale Reports and Financial Verification Reports
• Contribute to the development of systems, workflows, and best-practice processes within the Accommodation Team
• Mentor and support junior team members as the team continues to grow

What We Offer

• A welcoming, supportive team culture
• Quarterly tax updates, specialist training, and structured career progression
• A variety of interesting work — no two days are the same
• Leading systems, templates and workflows to make your job easier
• Work-from-home role for candidates based in Brisbane or the Gold Coast, with periodic travel to the Sunshine Coast for team connection and training
• Regular team events and social catch-ups

About You

• Ideally you’re based in Brisbane or the Gold Coast and comfortable working remotely with a Sunshine-Coast and Brisbane based team
• You’re a confident communicator and relationship-builder
• You take ownership of your workload and enjoy managing a diverse client portfolio
• You have a minimum of 5 years’ experience in public practice
• You’re CA or CPA qualified (or close to completion)
• Experience with Management Rights businesses or accommodation clients is highly regarded
• You’re professional, but don’t take yourself too seriously and you love being part of a positive, motivated team

Let’s Talk

This is a rare chance to join a leading Sunshine Coast firm with a loyal client base and an exceptional internal culture. If this sounds like you, we’d love to hear from you.

To apply, email your resume and cover letter to accom@holmans.com.au or visit our Careers Page and submit your information via our careers form.

RECENT NEWS

CATEGORIES

AUTHOR

Dual cab utes continue to cause confusion for small businesses when it comes to fringe benefits tax. A common belief is that heavy-duty work vehicles are automatically exempt from FBT, regardless of how they are used.

The reality is more nuanced. The Australian Taxation Office has made it clear that FBT can apply to the private use of dual cab utes, even where the vehicle is capable of carrying significant loads.

Why dual cab utes attract ATO attention

Vehicles provided to employees, directors, or business owners can give rise to fringe benefits tax when they are used for private purposes. This includes dual cab utes supplied as part of a work arrangement.

While certain exemptions exist, the ATO is concerned that many businesses focus only on whether a vehicle can carry a load of one tonne or more, without properly considering how often the vehicle is used for personal trips.

Regular private use — such as school drop-offs, shopping, or recreational travel — may result in FBT applying, even where the vehicle is primarily used for work.

When a dual cab ute may be exempt from FBT

A dual cab ute may be exempt from fringe benefits tax where it is designed to carry loads of one tonne or more, is not primarily used to carry passengers, and any private use is minor, infrequent, and irregular.

This exemption depends not only on the design of the vehicle, but also on how the vehicle is actually used in practice throughout the year.

What counts as minor and infrequent private use

The ATO provides specific guidance on what qualifies as minor and infrequent private use. For journeys undertaken for a wholly private purpose (other than travel between home and place of work), the exemption will generally apply only where:

• The employee does not use the vehicle to travel more than 1,000 kilometres in total for private purposes during the FBT year, and
• No single private return journey exceeds 200 kilometres.

If either of these thresholds is exceeded, the private use may no longer be considered minor and infrequent, and FBT may apply to the dual cab ute.

Further detail on this guidance is available in the ATO’s practical compliance guidance on minor and infrequent private use of vehicles.

Why record-keeping matters

To apply the correct FBT treatment, businesses must understand how their vehicles are being used. This involves identifying the type of vehicle provided, distinguishing between work and private use, and keeping accurate records.

• Odometer readings
• Logbooks or trip records
• Clear internal vehicle use policies

Strong record-keeping can help support a business’s position if the ATO reviews its FBT obligations. More general guidance on vehicle fringe benefits can be found on the ATO’s FBT and cars page.

FBT reporting and compliance obligations

Where a fringe benefit arises, employers must calculate the taxable value of the benefit and pay any FBT owed by the relevant lodgement date. In some cases, the benefit may also need to be reported through Single Touch Payroll.

The ATO has identified FBT compliance as an ongoing focus area for small businesses, supported by data-matching systems designed to identify employers who may be understating their obligations.

Reviewing your vehicle arrangements

The rules around FBT on dual cab utes are often misunderstood. What appears to be minor private use can quickly fall outside the exemption if usage patterns change or records are incomplete.

Regularly reviewing vehicle arrangements as part of your broader accounting and tax management can help reduce the risk of unexpected liabilities. Businesses with company vehicles may also benefit from reviewing their overall fringe benefits tax position to ensure the correct treatment is being applied.

Unsure whether FBT applies to your dual cab ute?

Holmans works closely with business owners and employers to assess vehicle use, apply the correct FBT treatment, and ensure records align with ATO guidance. Get in touch to review your vehicle arrangements and avoid unexpected FBT liabilities.

Disclaimer: This article contains general information only. Regrettably, no responsibility can be accepted for errors, omissions or possible misleading statements or for any action taken as a result of any material in this guide. It is not designed to be a substitute for professional advice, as such a brief guide cannot hope to cover all circumstances and conditions applying to the law as it relates to these items.

RECENT NEWS

CATEGORIES

AUTHOR