Insights & Updates for Australian Business Owners

Tips, guides, and news to help you stay compliant, profitable, and ahead of the curve.

Payday Super Starts 1 July 2026: The Complete Guide for Australian Employers

Australian businesses are about to experience one of the biggest payroll and superannuation changes in years. From 1 July 2026, the Federal Government’s new “Payday Super” reforms will require employers to pay superannuation at the same time as wages instead of quarterly. (Australian Taxation Office) For many businesses, this is far more than a simple […]

Read More
What You Can and Cannot Claim Under the Cents per Kilometre Method

Work-related car expense claims are one of the most common deductions claimed in Australian tax returns each year. However, they are also one of the areas most closely reviewed by the Australian Taxation Office (ATO). Many taxpayers incorrectly assume that simply using their vehicle for work means all travel is deductible. Unfortunately, this is not […]

Read More
$1,000 Tax Deduction Australia: What It Really Means (And How to Maximise Your Refund)

Most Australians Will Get This Wrong You’ve probably seen headlines about the “$1,000 tax deduction” and thought:  👉 “Great — I’ll get an extra $1,000 back this year.”  That’s one of the biggest misconceptions we’re seeing right now.  In reality:  It’s not a $1,000 refund It doesn’t apply yet And choosing it blindly could actually reduce your tax return  At Elite Plus Accounting, we’re already seeing confusion around this — and it’s exactly […]

Read More
9 Common Tax Mistakes Small Businesses Make and How to Avoid Them

Many Australian small businesses lose money through avoidable tax mistakes like poor record-keeping, missed BAS deadlines, GST errors, and late super payments. This guide explains the nine most common tax issues and how to avoid them before they become expensive problems.

Read More
When You Receive a Letter From the ATO: Don’t Panic — But Don’t Ignore It

Getting a letter from the Australian Taxation Office is one of those moments that can instantly make a business owner’s stomach drop.  You see the ATO logo on the envelope and suddenly your mind starts racing.  “Am I being audited?”  “Did I make a mistake?”  “Is my business in trouble?”  “How much is this going […]

Read More
Tax Minimisation, Avoidance and Evasion: A Guide for Australian Business Owners

Tax minimisation, avoidance and evasion are often confused, but the differences matter. This guide explains what each means under Australian tax law, how the ATO treats them, common examples for small businesses, and where the legal boundaries sit.

Read More
How Much Tax Does a Small Business Pay in Australia?

Understand how small business tax works in Australia. This guide covers tax rates, business structures, GST, payroll tax, and practical ways to reduce what you pay.

Read More
Avoiding ATO Audits: What Every Business Owner Should Know

Worried about an ATO audit? Learn the most common audit triggers for Australian small businesses, what records you need to keep, how BAS mistakes happen, and the simple steps that help keep your business compliant and stress-free.

Read More
The Hidden Risks of Payroll Non-Compliance

Payroll non-compliance can lead to super penalties, wage disputes, ATO audits, and cash flow problems. Learn the hidden risks Australian businesses face and how strong payroll systems help you stay compliant.

Read More
1 2 3 10
get in touch

Connect with Our Experts

Our dedicated team of accountants and bookkeepers is here to guide you toward the best financial solutions. Reach out today and speak with one of our experienced professionals to get started on the right path.