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.
June 2026
June is a massive month for business owners, don’t let International Panic Day live up to its name – we’re making sure to balance the hard work with some fun celebrations and a long weekend for the King’s Birthday! 👑
Mark these critical dates in your calendar:
June 19th – Authorise super to claim it for the 25/26 financial year! 💰
June 22nd – May IAS due.
June 30th – EOFY!!
Keep calm, eat a donut on the 5th, and let us take care of the June 30th countdown for you. 🧾
March 2026 BAS
Time has run out for mucking around (even with our BAS agent extension) – its time to lodge and pay your March BAS.
Not enough money in the bank? Lodge anyway to avoid a late lodgement fine ($330 – $1650 for small businesses) and make a payment plan.
Australian Made Week
Are you producing Australian Made goods or services?
We are proud to say our services are 100% Australian-made. No overseas outsourcing – just local experts helping local small businesses thrive.
Shopping with Aussie businesses supports smaller players (more than 95% of Australian businesses are classed as small), creating a ripple effect of jobs so those employees can shop local too.
Whether it’s everyday essentials, local manufacturing, or choosing an Aussie service provider like us, every dollar counts.
Payday Super Hero Day!
Payday Super laws have officially passed, and the countdown to 1 July 2026 is on. You will need to pay super at the same time as you pay wages. It must leap tall buildings and land in the employee’s fund within 7 business days.
We’ve put our undies on the outside of our tights, and we’ve got your back on these big changes.
What’s Changing?
– Increased Frequency: Depending on your pay cycles, your reporting frequency will shift from quarterly to weekly, fortnightly, or monthly. You’ll be in the phone booth a lot more often.
– New Calculations: ‘Qualifying Earnings’ will replace ‘Ordinary Time Earnings’ (OTE) as the base for calculating the 12% contribution.
– Cashflow Impact: If you don’t start your run-up now, you could end up paying April, May, June, and July all within a single month. That would be villainous for your cashflow.
Don’t wait for the 2026 deadline to activate your superpowers – start easing into the phone booth now to avoid a mid-2026 crunch.
Need a sidekick to make you look good? Ask us to give you a hand.
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!
March quarter super
January-March super contributions must be received (by fund) by 28th April.
Payments should be authorised right now as it can take several days to process.
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.
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
🐣🐣🐣
