Spark Accountants

Spark Accountants Accountant in Eight Mile Plains

đź’ˇ PayDay Super ReminderIf you have employees, paying their super is no longer something you can leave until the end of t...
27/05/2026

đź’ˇ PayDay Super Reminder

If you have employees, paying their super is no longer something you can leave until the end of the quarter.
Under the new PayDay Super changes coming into effect from 1 July, super will need to be paid at the same time as wages.

For business owners this will
✔️ Help employees build their retirement savings faster
✔️ Reduce the risk of missed super payments
✔️ Means your payroll systems need to be ready

For many small businesses, this will mean adjusting cashflow planning and payroll processes too.
You must review how your payroll is set up NOW so you're not caught off guard when the changes arrive.

If you're unsure how this will affect your business, we’re always happy to help.

As we come to the end of another financial year, it’s worth taking a moment to look beyond the tax return and ask a bigg...
27/05/2026

As we come to the end of another financial year, it’s worth taking a moment to look beyond the tax return and ask a bigger question: did your business actually move forward this year?

Revenue may have increased and the workload may have grown, but that doesn’t always mean the business became more profitable or easier to run. Sometimes the most important gains are better cashflow, clearer systems, and a stronger understanding of the numbers.

The beginning of a new financial year offers a natural reset. It’s a chance to reflect on what worked, what didn’t, and what changes could make the biggest difference over the next twelve months.

For many business owners, this is one of the best times to step back from the day-to-day and think more strategically about where the business is heading.

Restructuring isn't a dirty word. It's how a lot of businesses with great potential and big challenges get a second wind...
20/05/2026

Restructuring isn't a dirty word. It's how a lot of businesses with great potential and big challenges get a second wind.

The Small Business Restructure (SBR) regime under the Corporations Act is one of the more useful tools introduced in the last few years, and it's underused.

The basics: it's for incorporated companies with under $1M in liabilities, employee entitlements paid up, and a viable business carrying legacy debt. The directors stay in control while a plan is put to creditors.

The ATO is now actively pursuing more than $50 billion in small business debt, so SBR has become a legitimate pathway for businesses that are still good but stuck under a debt load they can't trade out of.

We're not pushing it as a default. But if you're juggling ATO debt, supplier debt and a still-good business, it's worth understanding before things become urgent. We can talk you through whether it's a fit, in confidence.

Quick PSA for anyone trading through a family trust. Talk to your accountant ASAP.The trustee resolution needs to be in ...
18/05/2026

Quick PSA for anyone trading through a family trust. Talk to your accountant ASAP.

The trustee resolution needs to be in place by 30 June (some trust deeds say earlier). Verbal intent is not a resolution.

This is on the ATO's annual review list. PCG 2022/2 changed how the ATO views Section 100A and 'reimbursement agreements', so the working assumption now is: distributions need a clear commercial reason and the funds need to actually flow.

If your trust has multiple beneficiaries with different tax rates, June is the month to model the distribution before signing. Once 30 June passes, the resolution is locked in.

As always, this is not personalised advice, which you should certainly seek before taking action on complex accounting decisions.

If you do nothing else in your books this week, do these three.1. Reconcile every bank account through to today. Unrecon...
18/05/2026

If you do nothing else in your books this week, do these three.

1. Reconcile every bank account through to today. Unreconciled transactions become panicked guesses in late June.
2. Review the suspense or uncategorised account. Anything sitting there at year end becomes a problem.
3. Match every supplier invoice to the right tax code. Miscoded GST quietly costs businesses thousands a year.

None of this needs more time, just a focused half-day. If your Xero or MYOB is a mess, talk to our team about how to fix this beore EOFY AND, how to stop this becoming a problem every year.

The 2026-27 Federal Budget in 6 quick wins for small business. Swipe through for more details or give us a call for spec...
13/05/2026

The 2026-27 Federal Budget in 6 quick wins for small business. Swipe through for more details or give us a call for specific advice.

The $20K instant asset write-off, now permanent.
Two-year loss carry-back, also permanent.
New loss refundability for start-ups from 2028-29.
Personal tax cut from 1 July (16% to 15% on the second bracket).
New Working Australians Tax Offset from July 2027.
Reminder: PayDay super still kicks in 1 July 2026.

Save this for later, and remember to give us a call before you take action in your business.

PayDay Super starts in less than 2 months and it's the biggest super reform in a decade. Here's the short version.Super ...
11/05/2026

PayDay Super starts in less than 2 months and it's the biggest super reform in a decade. Here's the short version.

Super contributions must be paid at the same time as wages, calculated as 12% of qualifying earnings, and received by the fund within 7 business days of payday. If you pay weekly, you'll move 52 super runs a year instead of 4. It's significant.

The ATO Small Business Superannuation Clearing House also closes, so anyone using it needs a new SuperStream-compliant solution. Late payments now trigger the Super Guarantee Charge with penalties of up to 50%.

Three things to do this month: confirm your payroll software is PayDay-super ready, double-check super fund details for every employee, and run a test cycle in June. If you're stuck, talk to us, or to your accountant or bookkeeper.

We work with a lot of family-run businesses across Brisbane and beyond. Mums who started something on the side and grew ...
09/05/2026

We work with a lot of family-run businesses across Brisbane and beyond. Mums who started something on the side and grew it into the family income. Mums who took the books off the kitchen table and turned it into a real business. Mums still doing the school run, the rosters and the BAS.

This Sunday, take five minutes to thank the woman in your business who made it possible.

We see you. Happy Mother's Day from the team at Spark.

P.S. Tag a mum who runs a business you love.

There are roughly 8 working weeks left to actually use the $20K instant asset write-off. Ordering doesn't count. Install...
04/05/2026

There are roughly 8 working weeks left to actually use the $20K instant asset write-off. Ordering doesn't count. Installed and in use does.

Quick reality check before EOFY. The $20K instant asset write-off only applies if the asset is installed and ready for use by 30 June 2026. After that, the threshold drops back to $1,000 unless the rules are extended again.

Common traps we see every year: the asset arrives in early July, the invoice is dated June, or the equipment is bought but still sitting in a box. The ATO doesn't care about the intent, only the use.

If you've been thinking about a new vehicle, equipment or office tech, plan it now (not after lodgement). Want a 15-minute strategy chat before you commit? Give us a call.

P.S. Things can change when the budget is announced. Talk to your accoutant.

“The way we’ve always done it” can quietly become one of the most expensive habits in business.We all know change is ine...
30/04/2026

“The way we’ve always done it” can quietly become one of the most expensive habits in business.

We all know change is inevitable, but many of us fight it tool and nail. Markets change. Costs change. Technology changes. Client expectations change.

But many businesses keep operating exactly the same way they did years ago.

Successful businesses tend to do one thing really well. They stay curious. They review what’s working, question what isn’t, and adjust when something stops making sense.

Staying open to change isn’t risky. In many cases, it’s exactly what keeps a business moving forward.

Address

2/2 Clunies Ross Court
Brisbane, QLD
4113

Opening Hours

Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Website

https://calendly.com/sparkaccountants/meet-samantha

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