[ { "post_id": "1482", "post_category_id": "1", "post_title": "Paul Cornall to facilitate an Audit Industry Forum", "post_content_short": "We are thrilled to announce that Forsyths is partnering with the Institute of Internal Auditors (IIA) Australia as a sponsor and presenter\nfor the upcoming IIA Local Government Online Forum, taking place on Monday, October 19 and Tuesday, October 20, 2026.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1482\/LocalGov.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/martin-presents-on-community-engagement\/", "post_date": "2026-10-06 00:48:17" }, { "post_id": "1475", "post_category_id": "1", "post_title": "SMSF and property – preparing for a smooth audit", "post_content_short": "For many SMSF trustees, property is one of the most significant assets held by their SMSF. Unlike personally owned assets, there is a legal\n\trequirement that all SMSF assets are valued each 30 June. This can be a simple process for assets that have a ready market like listed\n\tshares, however the process for other assets like property can be more onerous.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1475\/iStock-502011582.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/smsf-and-property-preparing-for-a-smooth-audit\/", "post_date": "2026-09-02 00:16:00" }, { "post_id": "1474", "post_category_id": "1", "post_title": "Discretionary trusts and the proposed 30% minimum tax", "post_content_short": "Discretionary trusts, often referred to as family trusts, have been a popular structure for Australian families and businesses for many\n\tdecades. They are commonly used to operate family businesses, hold investments and assist with succession planning. Their flexibility,\n\ttogether with asset protection and estate planning benefits, has made them an attractive option for many groups.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1474\/iStock-1498394326.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/discretionary-trusts-and-the-proposed-30-percent-minimum-tax\/", "post_date": "2026-09-01 23:40:00" }, { "post_id": "1473", "post_category_id": "1", "post_title": "Penalty units increase from 1 July 2026", "post_content_short": "From 1 July 2026, the value of a Commonwealth penalty unit increased from $330 to $364. While this may sound like a minor administrative\n\tchange, it has a direct impact on many ATO penalties, increasing the cost of a range of compliance failures.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1473\/3mtaxes.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/penalty-units-increase-from-1-july-2026\/", "post_date": "2026-09-01 23:37:00" }, { "post_id": "1472", "post_category_id": "1", "post_title": "New reasonable travel and overtime meal rates", "post_content_short": "The ATO has released its updated reasonable travel and overtime meal allowance rates for the 2026–27 income year in Taxation Determination\n\tTD 2026\/4.\n\n

\n\tAlthough these figures are widely publicised each year, they are often misunderstood. A common misconception is that employees can\n\tautomatically claim a tax deduction up to the ATO's published rates, but in reality, the rules are much narrower, and applying them\n\tincorrectly could lead to deductions being denied as well as interest and penalties.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1472\/iStock-948593702.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/new-reasonable-travel-and-overtime-meal-rates\/", "post_date": "2026-09-01 23:33:00" }, { "post_id": "1471", "post_category_id": "1", "post_title": "Warning: Fake ASIC emails targeting business registrations and fees", "post_content_short": "ASIC has issued a warning about a surge in scam emails impersonating ASIC and targeting Business Registrations. These fraudulent emails\n\tattempt to trick individuals and businesses into handing over personal information and paying fees.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1471\/scamsMyths.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/warning-fake-asic-emails-targeting-business-registrations-and-fees\/", "post_date": "2026-09-01 23:23:00" }, { "post_id": "1470", "post_category_id": "1", "post_title": "Changes to Self Managed Super Fund (SMSF) borrowing rules", "post_content_short": "To ensure passage of the negative gearing and CGT discount changes that were announced in the May 2026 Federal Budget the Government agreed\n\tto make amendments to the SMSF borrowing rules.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1470\/superannuation_death_benefits.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/changes-to-self-managed-super-fund-smsf-borrowing-rules\/", "post_date": "2026-08-09 23:19:00" }, { "post_id": "1469", "post_category_id": "1", "post_title": "Navigating the 2026–27 car thresholds", "post_content_short": "If you're thinking about purchasing or leasing a vehicle for your business in the new financial year, it's worth understanding the updated\n\tcar thresholds that apply from 1 July 2026. While these limits may seem technical, they can have a practical impact on the amount you can\n\tclaim for tax depreciation deductions, the GST credits that are available, and whether luxury car tax (LCT) could apply.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1469\/personalcar-bn.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/navigating-the-2026-27-car-thresholds\/", "post_date": "2026-08-09 23:17:00" }, { "post_id": "1468", "post_category_id": "1", "post_title": "Don’t let sharing economy income catch you off guard this tax time", "post_content_short": "The sharing economy has created new opportunities for Australians to earn additional income. Whether it's driving for a ride-sharing\n\tservice, renting out a holiday property, completing freelance work, hiring out equipment, or creating digital content, many people are\n\tsupplementing their regular income through online platforms.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1468\/Tax-Consequences-of-Inheriting-Property.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/dont-let-sharing-economy-income-catch-you-off-guard-this-tax-time\/", "post_date": "2026-08-09 23:12:00" }, { "post_id": "1467", "post_category_id": "1", "post_title": "High Court brings greater clarity on trust distributions", "post_content_short": "The High Court has recently handed down an important decision that will impact many private business groups using discretionary trusts and\ncorporate beneficiaries.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1467\/MoneyBagsHomeplus(2).jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/high-court-brings-greater-clarity-on-trust-distributions\/", "post_date": "2026-08-09 22:59:00" }, { "post_id": "1466", "post_category_id": "1", "post_title": "Is AI going to mean that accountants are out of a job? Unlikely!", "post_content_short": "We are proud to share that our Managing Principal, David McLennan CA, has been featured in the latest edition of Acuity<\/em> magazine!\n\n

\n\tIn the feature article, David joins industry leaders to discuss the rise of Accountable Intelligence the concept of keeping humans firmly\n\tin the driver’s seat while leveraging advanced AI to work smarter, streamline efficiencies, and elevate client relationships.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1466\/Front-cover-CA-magazine2026Cropped.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/is-ai-going-to-mean-that-accountants-are-out-of-a-job-unlikely\/", "post_date": "2026-07-15 02:15:01" }, { "post_id": "1465", "post_category_id": "1", "post_title": "After 15 years of exceptional service, our Financial Services Principal Julie Sherwood has retired", "post_content_short": "After 15 years of exceptional service, mentorship, and client care, our Financial Services Principal Julie Sherwood has retired. Julie’s\njourney from healthcare to wealth management highlights her incredible dedication to helping others. Join us in wishing Julie every\nhappiness and good health in her next chapter.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1465\/Julie_News.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/after-15-years-of-exceptional-service-mentorship-and-client-care-our-financial-services-principal-julie-sherwood-is-retiring-julies-journey-from-healthcare-to-wealth-management-highlights-her-incredible-dedication-to-helping-others-join-us-in-wishi\/", "post_date": "2026-07-08 07:10:00" }, { "post_id": "1464", "post_category_id": "1", "post_title": "Get Ready for 2026–27: Practical Steps SMSF Trustees Must Take Now", "post_content_short": "With the start of the 2026–27 financial year, SMSF trustees should take a proactive approach to ensure funds remain compliant and well\n\tpositioned. Below is a concise checklist of the key legislative changes, compliance deadlines and practical steps trustees should\n\tprioritise.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1464\/2026–27Practical-Steps-SMSF-Trustees-Must-Take.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/get-ready-for-2026-27-practical-steps-smsf-trustees-must-take-now\/", "post_date": "2026-07-01 23:00:00" }, { "post_id": "1463", "post_category_id": "1", "post_title": "ATO Cracks Down on Personal Services Income Arrangements: Is Your Business at Risk?", "post_content_short": "The ATO is sharpening its focus on how taxpayers generating income from personal services deal with that income for tax purposes. In a\n\trecent Spotlight\n\tbulletin<\/a>,\n\tSmall Business Assistant Commissioner Tony Poulakis highlighted the release of Practical Compliance Guideline PCG 2025\/5.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1463\/ATOCrackdown.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/ato-cracks-down-on-personal-services-income-arrangements-is-your-business-at-risk\/", "post_date": "2026-07-01 22:56:00" }, { "post_id": "1462", "post_category_id": "1", "post_title": "Updates to Budget Measures and New Developments", "post_content_short": "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\nof the more controversial proposals, including the decision to replace the CGT discount with an indexation system and impose a 30% minimum\ntax rate on discretionary trusts", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1462\/2026-27-Federal-Budget.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/updates-to-budget-measures-and-new-developments\/", "post_date": "2026-07-01 22:54:00" }, { "post_id": "1461", "post_category_id": "1", "post_title": "Giving Back to Our Communities: Announcing the 2026 Forsyths Foundation Donations", "post_content_short": "At Forsyths, we believe that a strong community isn’t just built on sound financial planning and spreadsheets, it’s built on heartbeat,\nconnection, and lending a hand when it’s needed most.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1461\/Kindly-animal-sanctuary-2026.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/giving-back-to-our-communities-announcing-the-2026-forsyths-foundation-donations\/", "post_date": "2026-07-01 22:50:00" }, { "post_id": "1460", "post_category_id": "1", "post_title": "Anti-Money Laundering Update - What it means for you", "post_content_short": "The Australian Government is moving ahead with Tranche 2 of the Anti-Money Laundering and Counter-Terrorism Financing (AML\/CTF) legislation,\nwith changes expected to apply from 1 July 2026.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1460\/AML.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/anti-money-laundering-update-what-is-means-for-you\/", "post_date": "2026-06-03 01:29:00" }, { "post_id": "1459", "post_category_id": "1", "post_title": "Key 2026–27 Federal Budget tax reforms: What they mean for you", "post_content_short": "The 2026–27 Federal Budget, released on 12 May 2026, has received more attention than most budgets in recent years.\n

\n\tWith proposed changes to negative gearing, the CGT discount and the taxation of trusts, this is a budget that has the potential to\n\tmaterially impact on property investors, business owners and families using discretionary trusts.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1459\/Budget_2026-27.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/key-2026-27-federal-budget-tax-reforms-what-they-mean-for-you\/", "post_date": "2026-06-02 01:40:00" }, { "post_id": "1458", "post_category_id": "1", "post_title": "Ending card surcharges: What you need to know before 1 October 2026", "post_content_short": "The Reserve Bank of Australia (RBA) has confirmed that all surcharges on credit and debit card payments across eftpos, Mastercard and Visa\n\twill be banned from 1 October 2026.\n\n

\n\tThis represents one of the most significant updates to Australia’s payments landscape in years and will have a direct impact on businesses\n\tand consumers.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1458\/iStock-1349722626.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/ending-card-surcharges-what-you-need-to-know-before-1-october-2026\/", "post_date": "2026-06-02 01:32:00" }, { "post_id": "1457", "post_category_id": "1", "post_title": "Government to wind back electric vehicle FBT exemption in three stages", "post_content_short": "The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), following\nrecommendations from the Statutory Review of the Electric Car Discount released in May 2026. While the policy continues to support EV\nuptake, it also aims to make concessions more sustainable and better targeted. The changes are expected to save the Budget an estimated $1.7\nbillion over five years from 2025–26.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1457\/EVHomecharging_Header.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/government-to-wind-back-electric-vehicle-fbt-exemption-in-three-stages\/", "post_date": "2026-06-02 01:27:00" }, { "post_id": "1456", "post_category_id": "1", "post_title": "SMSF year end reminder: what to check before 30 June", "post_content_short": "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\npreserve valuable tax and contribution opportunities. Below is a checklist of the things members and trustees should consider before 30\nJune.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1456\/iStock-678305548.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/smsf-year-end-reminder-what-to-check-before-30-june\/", "post_date": "2026-06-02 01:17:00" }, { "post_id": "1455", "post_category_id": "1", "post_title": "The way you pay super is changing", "post_content_short": "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\nreceived by the fund within 7 business days of payday.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1455\/PayDaySuper2026v2.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/the-way-you-pay-super-is-changing\/", "post_date": "2026-05-25 23:45:45" }, { "post_id": "1454", "post_category_id": "1", "post_title": "Your EOFY Strategy Starts Now", "post_content_short": "With June 30th less than seven weeks away<\/strong>, now is the time to shift from daily operations to strategic planning. At\n\tForsyths, we aren’t just here to wrap up the financial year of all your hard work and lodge your return; we are here to ensure your hard\n\twork results in the best possible financial outcome for the year.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1454\/EOFY.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/your-eofy-strategy-lets-plan-together-for-the-best-outcome\/", "post_date": "2026-05-05 03:31:00" }, { "post_id": "1453", "post_category_id": "1", "post_title": "Do you know a local charity who do great work within the community?", "post_content_short": "It’s that time of year again where the Forsyths Foundation proudly donates funds to worthwhile community organisations in our region.
\n\tIf you know of any organisations that make a difference in the community, please reach out to your local Forsyths office.\n", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1453\/Can-Assist-Gunnedah-2025V2.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/do-you-know-a-local-charity-who-do-great-work-within-the-community\/", "post_date": "2026-05-05 01:21:00" }, { "post_id": "1452", "post_category_id": "1", "post_title": "Superannuation contribution caps to increase from 1 July 2026", "post_content_short": "Following the recent release of the December 2025 quarter average weekly ordinary times earnings (AWOTE) the annual concessional\ncontribution (CC) cap will increase from $30,000 to $32,500 from 1 July 2026. The annual non-concessional contribution (NCC) cap will also\nincrease to $130,000.", "post_icon": "https:\/\/www.forsyths.com.au\/media\/website_posts\/1452\/iStock-173934922.jpg", "post_content_type": "page", "post_content_url": "https:\/\/www.forsyths.com.au\/blog\/superannuation-contribution-caps-to-increase-from-1-july-2026\/", "post_date": "2026-05-05 01:14:00" } ]