From 1 October 2026, Australian businesses that accept Visa, Mastercard, American Express and eftpos card payments will no longer be able to charge customers a separate card surcharge. The Reserve Bank of Australia has announced changes allowing these card...
Australia’s anti-money laundering and counter-terrorism financing laws are being expanded. These changes are often referred to as the “Tranche 2” AML/CTF reforms. From 1 July 2026, the rules will apply to certain services provided by accountants, lawyers, conveyancers, real...
Fraud targeting taxpayers and businesses continues to rise, with the Australian Taxation Office (ATO) a frequent point of attack. One of the most effective ways to protect yourself is by using a strong myID that is securely linked to...
From 1 July 2026, Australian employers will face a significant change in how superannuation is paid. Under the new “payday super” rules, compulsory superannuation contributions must be paid at the same time as employees’ wages, rather than quarterly. This...
We are pleased to announce the introduction of a new in-house compliance service offering for our clients. Every year the ATO and other government bodies target individuals, businesses & SMSFs for audits and reviews. If you, or one...
The Australian Taxation Office (ATO) is using sophisticated data-matching programs to cross-check your tax return against information from banks, employers, government agencies, digital platforms and more. If the numbers don’t match, expect follow-up questions — or even an audit....
With the 2025 Australian election approaching, both major parties have outlined different tax plans that could affect individuals and small business owners. Here’s a brief, overview of the key differences between Labor and the Liberal-National Coalition. Income Tax...
The Australian Taxation Office (ATO) charges interest – called the General Interest Charge (GIC) and a Shortfall Interest Charge (SIC) when tax payments are late. Until now, GIC and SIC have been tax-deductible, meaning you could claim them as...
We are pleased to announce that Joe Zhao has been promoted to be a director of D W Johns & Co. This well-deserved promotion is a testament to Joe’s dedication and hard work over the years. Joe started at...
