Streamline Management News
* This is generic info to give you a few pointers and should never be relied on as specific accounting advice.
Contact your expert (not your mates at a BBQ or the guy trying to sell you something) to discuss your situation.
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.
Happy Easter!
We will eggs-it the office at noon on Thursday 2nd April,
and we’ll be back on Tuesday 7th April.
Have an eggs-ellent Easter Break!
The Chicks
Streamline Management
🐣🐣🐣
April 2026
Does a DIY BAS feel like chasing a unicorn? 🦄 We’ve got you.
April is looking like a fun one with Easter, Wear PJs to Work Day, and the Anzac Day long weekend. But amongst the festivities, remember to tick off your Jan-March Super by the 17th and if you DIY your accounts, March BAS needs to be lodged and paid by the 28th (if we lodge for you, you’ll get an extra 4 weeks to make the payment).
Stay cozy, stay compliant, and let us handle the numbers while you enjoy the extra days off! 🐣✨
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!
Is your Little Red Wagon towing a surprise tax bill?
Is you Little Red Wagon owned by your business? Don’t crash into an unexpected Fringe Benefits Tax liability!
The FBT year ends next week and there are 3 things to think about:
-personal usage (have you got a logbook to document percentages?)
-would an EV be a sensible investment (right now? yeah fuel is $$%!)
-odometer reading on Tuesday night or Wednesday morning (to make paperwork less bad)
Speak to your accountant about potential FBT expenses now.
February IAS due now
Monthly lodgers – lodge!
(then pay)
Today is the last minute to avoid late penalties on your February IAS.
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.
Panic Day 2026
Take a breath, put the kettle on, and let us handle the numbers. We promise to bring the organisation (and the good humour.)
We help small business owners keep calm – by managing deadlines and their accounts department.
As Heidi from Mackenzie Pronk Architects puts it, we’re all about that ‘comprehensive but light touch.’ We’ll give you the gentle reminders you need so that Panic Day stays an amusing date in our calendar, rather than a permanent state of mind.
Employee Appreciation Day – Gifts
Employee Appreciation Day is tomorrow.
Want to say ‘thank you’ without inviting the ATO to the party?
Handle the ‘fun tax’ (FBT) like a pro.
Keep your gift under $300 (including GST) per person. For the best tax outcome, stick to Non-Entertainment gifts like a hamper or a gift card. You get the deduction, they get the prize!
And don’t forget the non-cash options
What are you planning for your team this year?
December 2025 BAS – due right now!
The December BAS was due on the 28th February – because that was a weekend, you got an extension – until today.
Make sure you lodge on time to avoid fines and if you are unable to pay in full, make a payment plan with the ATO.
Late lodgement may incur a fine ($330 – $1650) from the ATO and will void any current payment plan and make it much harder to request a new plan in the future.
