News
Is AI going to mean that accountants are out of a job? Unlikely!
We are proud to share that our Managing Principal, David McLennan CA, has been featured in the latest edition of Acuity magazine!
In the feature article, David joins industry leaders to discuss the rise of Accountable Intelligence the concept of keeping humans firmly
in the driver’s seat while leveraging advanced AI to work smarter, streamline efficiencies, and elevate client relationships.
After 15 years of exceptional service, our Financial Services Principal Julie Sherwood has retired
After 15 years of exceptional service, mentorship, and client care, our Financial Services Principal Julie Sherwood has retired. Julie’s journey from healthcare to wealth management highlights her incredible dedication to helping others. Join us in wishing Julie every happiness and good health in her next chapter.
Get Ready for 2026–27: Practical Steps SMSF Trustees Must Take Now
With the start of the 2026–27 financial year, SMSF trustees should take a proactive approach to ensure funds remain compliant and well positioned. Below is a concise checklist of the key legislative changes, compliance deadlines and practical steps trustees should prioritise.
ATO Cracks Down on Personal Services Income Arrangements: Is Your Business at Risk?
The ATO is sharpening its focus on how taxpayers generating income from personal services deal with that income for tax purposes. In a recent Spotlight bulletin, Small Business Assistant Commissioner Tony Poulakis highlighted the release of Practical Compliance Guideline PCG 2025/5.
Updates to Budget Measures and New Developments
Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12 May 2026 there has been a significant amount of commentary on some of the more controversial proposals, including the decision to replace the CGT discount with an indexation system and impose a 30% minimum tax rate on discretionary trusts
Giving Back to Our Communities: Announcing the 2026 Forsyths Foundation Donations
At Forsyths, we believe that a strong community isn’t just built on sound financial planning and spreadsheets, it’s built on heartbeat, connection, and lending a hand when it’s needed most.
Anti-Money Laundering Update - What it means for you
The Australian Government is moving ahead with Tranche 2 of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, with changes expected to apply from 1 July 2026.
Key 2026–27 Federal Budget tax reforms: What they mean for you
The 2026–27 Federal Budget, released on 12 May 2026, has received more attention than most budgets in recent years.
With proposed changes to negative gearing, the CGT discount and the taxation of trusts, this is a budget that has the potential to
materially impact on property investors, business owners and families using discretionary trusts.
Ending card surcharges: What you need to know before 1 October 2026
The Reserve Bank of Australia (RBA) has confirmed that all surcharges on credit and debit card payments across eftpos, Mastercard and Visa
will be banned from 1 October 2026.
This represents one of the most significant updates to Australia’s payments landscape in years and will have a direct impact on businesses
and consumers.
Government to wind back electric vehicle FBT exemption in three stages
The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), following recommendations from the Statutory Review of the Electric Car Discount released in May 2026. While the policy continues to support EV uptake, it also aims to make concessions more sustainable and better targeted. The changes are expected to save the Budget an estimated $1.7 billion over five years from 2025–26.
SMSF year end reminder: what to check before 30 June
The end of the financial year is fast approaching. For SMSF members and trustees, a few timely checks now can avoid headaches later and help preserve valuable tax and contribution opportunities. Below is a checklist of the things members and trustees should consider before 30 June.
The way you pay super is changing
The way you pay super is changing. From 1 July, superannuation must be paid at the same time as your regular salary or wages, and must be received by the fund within 7 business days of payday.
Contact
Social
Offices
