Team Tuesday – Streamline Management

2026 STP finalisation (Group Certificates)

Today is Pandemonium Day and Group Certificates are due out to staff – could it be a coincidence?

If you DIY – make sure you’ve reconciled wages, you need to get everything in the right little box.
Then submit to the ATO, and wait for confirmation (not by sitting there hitting refresh, do something else for an hour or so).

Staff no longer receive paperwork – they will see Tax Ready in their myGov.

Not sure you’ve got everything in the right little box? Ask a licenced expert to help (licenced sparky not a helpful expert in this case!)

14/07/2026

Upcoming Payroll Changes for FY 2027

There are a few changes kicking off in July to keep you on your toes,
don’t worry – we’re here to help.

23/06/2026

2026 EOFY Super Contributions

It’s that time of the year again! If you want to claim a tax deduction for your employee super contributions in the 2026 financial year, or if you are managing your own super caps, the cash must hit the superfund’s bank account by 30 June.

Because clearing houses and superfunds love to muck around with the moolah for a few days, processing deadlines are tight. To guarantee the payments clear in time, all super payments in Xero need to be authorised by Friday 19th June 2026.

The standard compliance deadline for the April–June quarter is still 28 July 2026 if you don’t need more deductions this financial year. Chat to your accountant about the tax benefits of bringing the payment forward into June.

09/06/2026

Team Tuesday – back to school and back to work

Now that the school holidays are over, it’s the perfect time to ensure your staff leave balances are accurate and up to date.

Whether you’re checking for cashflow purposes or already looking ahead to the ski season, having the right numbers matter (and help keep Fairwork off your case) – so if your team took time off recently, let us know and we’ll handle the updates for you!

21/04/2026

January – March super is due soon

All January – March super contributions must be received (by fund) by 28th April, regardless if you pay monthly or quarterly.

Severe penalties will apply for late payments.

Approve payment by Friday 17th at the absolute latest.

07/04/2026

April public holidays

As a small business owner you might be looking forward to a few days off to take a little break and eat too much chocolate.
As an employer you might be a bit less keen to pay your team when they are not working.

Remember: ‘Employees (except casual employees) who normally work on the day a public holiday falls will be paid their base pay rate for the ordinary hours they would have worked if they had not been away because of the public holiday. An employee’s roster can’t be changed to deliberately avoid this payment. An employee doesn’t get paid for a public holiday if they don’t normally work on the day that the public holiday falls.’ says Fairwork

Part time staff need to be paid for their normal work days, if you ask them to come in on an extra day to get everything done, you need to pay them extra – no swapsies!

31/03/2026

The Fringe Benefits Tax year comes to an end on 31st March

Are you aware what might trigger this extra tax for your business and just how costly it could be?
What is a fringe benefit?
A fringe benefit is like a payment to an employee, but in a different form to salary or wages.
To work out how much FBT to pay, you ‘gross-up’ the taxable value of the benefits you’ve provided. This is equivalent to the gross income your employees would have to earn, at the highest marginal tax rate (including the Medicare levy), to buy the benefits themselves.
FBT can be quite costly, that employee gift might cost you a lot more than you anticipated or budgeted for!

Not sure if you might be caught out by this extra tax? Speak to your tax agent about your situation and what exemptions might apply. They may also assist you to make smarter decisions to avoid future lodgements and liabilities.

17/03/2026

Summer holidays 2025/26

Don’t forget to record staff leave and keep balances up to date.

– Keep records of when staff are at work or not at work for liability (workers comp) purposes.
– You must provide leave balances to employees in a timely matter to staff Fairwork compliant.
– Large balances might result in a request from a team member for a very long holiday – could you cope without them for a long period?
– Unused leave is a liability in your accounts – if an employee leaves, you’ll need to pay it out, so its best to know where you stand.

Back to school and back to work – let us know if staff leave needs to be updated.

27/01/2026

October – December 2025 Super

October-December 2025 super contributions must be received (by fund) by 28th January for all employees – including working directors and some contractors, regardless if you pay monthly or quarterly.

Late payments of superannuation are not tax deductible and attract interest, fines & additional paperwork.
Directors also become personally liable for the debt.
Authorise payments from Xero no later than 2pm on Friday 16th January.

13/01/2026

Staff Christmas Bonus

Thinking about rewarding staff with a bonus?💰💰💰
Ask us to help you with calculations.

– If you fail to withhold tax or report the payment (STP), the bonus becomes non-compliant (no tax deduction for you!)
– Superannuation is likely to apply to the bonus amount
– Schedule 5 tax scale must be used for PAYG withholding

We will calculate the total cost to you and the net amount the employee receives to avoid budget surprises.

16/12/2025

Category: Team Tuesday