Tailored Accounts

02/06/2026

Payday Super is almost here.

From 1 July 2026, super contributions will generally need to reach employees' funds within 7 business days of each payday.

For many businesses, the biggest challenge won't be compliance. Tt'll be cash flow.

For years, quarterly super payments gave businesses a bit of breathing room, but that buffer is about to disappear.

If your clients take 30–60 days to pay while payroll runs weekly or fortnightly, every pay cycle will now need enough cash to cover wages, PAYG and super.

Here are 5 things worth reviewing before 1 July:

👉 Rework your cash flow forecast: Stop treating super as a quarterly expense. Build it into every pay run and stress-test what happens if a major debtor pays late.

👉 Consider a dedicated payroll account: Set aside wages, PAYG and super each pay cycle so payroll obligations don't get swallowed by day-to-day operating expenses.

👉 Review your debtor terms: If customers regularly take 45–60 days to pay, now may be the time to tighten collections, renegotiate terms or offer early-payment incentives.

👉 Talk to your bank: If your overdraft or credit facility was designed around quarterly super payments, check whether it's still fit for purpose.

👉 Plan your clearing house transition: The SBSCH closes on 1 July 2026. If you're still using it, now is the time to select and test an alternative solution.

June is your final opportunity to get ahead of the change rather than react to it.

What's likely to be the biggest Payday Super challenge for your business?

30/05/2026

Closing out a brilliant May as Tailored Accounts gears up for the busy end-of-financial-year season! 😍

Despite the packed schedule, o ur team always finds time for those unexpected, fun "F5" moments together.

Today, taking over the feed to wish a very happy birthday to our sisters of the TA family. May your new chapter be filled with radiant beauty, endless happiness, and smooth sailing ahead! 🥳

28/05/2026

From arriving in Australia as an international student with very little, to backing more than 70 startups as an angel investor, our CEO - Harry Hoang OAM shares a personal perspective on the unintended consequences the Federal Budget 2026–27 may have on Australia’s startup ecosystem.

The article explores how changes aimed at fairness in theory may place additional pressure on founders, early-stage investors and the broader innovation community in practice.

A thoughtful read on entrepreneurship, risk-taking and the realities faced by many people helping build early-stage businesses in Australia.

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Our EOFY Checklist is still available to help you navigate your compliance requirements: https://www.jotform.com/form/261261065737053

Judging by the 2026 Federal Budget, the Treasurer must think Australia’s angel investor base is just a small club of…

26/05/2026

FEDERAL BUDGET 2026: More Funding, Stricter Rules for NFPs

The Federal Budget 2026–27 continues to bring important changes for the not-for-profit sector, particularly across community services, housing, aged care and disability support.

While the Budget increases funding across areas such as aged care, homelessness services, family support programs, frontline community services and First Nations initiatives, it also signals growing expectations around governance, accountability and long-term financial sustainability for NFP organisations.

⚠️ THE OPERATIONAL REALITY

For many organisations, additional funding does not necessarily reduce financial pressure.

Rising wages, inflation, staffing shortages and increasing compliance obligations continue creating operational challenges across the sector, particularly where reporting and service delivery expectations continue expanding at the same time.

⚖️ TAX AND REGULATORY DEVELOPMENTS

The Budget also introduces several regulatory and tax-related developments that may affect charities and philanthropic structures over the coming years, including:
• Proposed trust tax reforms that are expected to exclude charitable trusts
• Streamlining changes to the community charity DGR process
• The Government’s $136.1 million investment to modernise business registers and regulatory systems, including greater integration between Director ID information and the ACNC Charity Register

Together, these measures reflect a broader shift toward increased transparency, governance oversight and regulatory integration across the sector.

🔄 NDIS REFORM AND SECTOR CHANGE

The Budget also continues the Government’s focus on NDIS sustainability and reform.

For disability service providers, this is likely to mean ongoing changes to funding arrangements, reporting expectations and operational requirements as the sector continues adjusting to reform measures.

Overall, the direction of the Federal Budget suggests that while support for community services remains strong, the operating environment for NFP organisations is also becoming more structured, more transparent and increasingly accountability-driven.

As expectations around governance, reporting and financial sustainability continue increasing, many NFP organisations may benefit from ongoing professional support to help navigate an increasingly complex operating environment.

Tailored Accounts continues supporting NFP organisations across financial management, compliance and advisory matters to help organisations operate sustainably and with confidence.

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Our EOFY Checklist is still available to help you navigate compliance requirements: https://www.jotform.com/form/261261065737053

22/05/2026

Against a backdrop of global uncertainty, the Middle East oil crisis and stubborn inflation, Treasurer Jim Chalmers has delivered an ambitious 2026–27 Federal Budget with cost-of-living relief front and centre.

Billed as the biggest tax reform package in decades, this budget takes aim at housing, family trusts and high-wealth structures to help fund worker relief, business support and major infrastructure.

So, who comes out ahead, who takes the hit, and who sees little change?

👉 Here’s the full breakdown: https://tailoredaccounts.com.au/2026/05/15/who-came-out-on-top-in-the-2026-2027-budget/
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20/05/2026

Thrilled to share some exciting news! 🎉

We are incredibly proud to announce that two of our key leaders have been named Finalists in the prestigious 2026 Australian Accounting Awards!

Please join us in congratulating:
👏 Hannah Tran – Finalist for Partner of the Year (Boutique Firm)
👏 Fuzuki Nishimura – Finalist for Thought Leader of the Year

Being recognized on a national stage alongside the industry's best reflects Hannah and Fuzuki’s continuous dedication to our team, our clients, and the accounting profession.

The final winners will be announced at the gala dinner on June 12th. For now, we are just incredibly grateful for this recognition and excited for what’s ahead.

19/05/2026

EOFY IS GETTING CLOSER THAN MOST BUSINESS OWNERS REALISE

With less than 6 weeks left in the financial year, now is usually the time when bookkeeping issues, missing receipts and compliance issues start surfacing.

The businesses that tend to have the least stressful EOFY are often the ones already reviewing their books, reconciling accounts, checking payroll and super obligations, organising documents and identifying issues before June becomes too busy.

Good EOFY preparation is not just about making tax time easier. It can also help businesses avoid bigger problems later.

The ATO has previously highlighted cases where poor record keeping and unsupported claims resulted in significant tax adjustments and penalties during audits. In one example, a business reportedly failed to declare around $140,000 in income and could not support approximately $80,000 in claimed expenses.

Most EOFY issues do not come from one major mistake. They usually build up over months through unreconciled transactions, incomplete records and missing documents.

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To help businesses prepare, we’ve put together an EOFY checklist and key tax deadlines. You can find the link in the comments below.

14/05/2026

EOFY is creeping up faster than we’d like.

To help you get ahead, Tailored Accounts is sharing a FREE EOFY Checklist covering everything you need to get sorted before 30 June.

If you want to stay organised, avoid the last-minute stress, and ensure nothing important is missed, this guide is for you.

👉Download your copy here: https://form.jotform.com/261261065737053

12/05/2026

The FBT deadline is fast approaching, and with major EV tax shifts coming in 2026, there’s no better time to review your strategy.

This video breakdown covers the essentials from the latest LCT thresholds to home charging shortcut rates, ensuring your business stays one step ahead of the ATO.

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Coming up: The Tailored Accounts EOFY Checklist to simplify your tax prep and get you ready for the deadline. Stay tuned!
✉️ [email protected]
📞 02 6169 5196
🔗 https://tailoredaccounts.com.au/

08/05/2026

A lot of businesses still think super can be “caught up later”.

From 1 July 2026, that mindset could become very expensive.

With Payday Super requiring super to be paid at the same time as wages, late payments may quickly turn into a much larger problem, including interest, administrative uplift, and even personal exposure for directors.

Under the new framework, a $10,000 unpaid super issue could potentially blow out to more than $20,000.

This is no longer just a payroll admin issue.

We’ve broken down what is changing, why it matters, and what businesses should start reviewing now.

Read the full article: https://tailoredaccounts.com.au/2026/05/04/unpaid-super-in-2026-the-cost-of-i-didnt-know/
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