JMR Partners

01/06/2026

Read the article: https://factor1.com.au/articles/cash-flow-planning-before-end-of-financial-year-eofy-what-actually-matters/
If your business has tax, superannuation, payroll, supplier payments, unpaid invoices, stock or planned asset purchases before 30 June, cash flow should be reviewed before year-end decisions are made.

End-of-financial-year (EOFY) planning is not just about deductions. A deduction can change taxable income, but it does not remove the need to manage cash, timing and upcoming commitments.

This article covers what business owners should review before 30 June, including:
• cash on hand
• unpaid invoices
• stock and work in progress
• superannuation
• Australian Taxation Office (ATO) debt
• asset purchases
• the July to September cash flow forecast

Before making year-end decisions, speak with your accountant.

26/05/2026

Factor1, together with JMR Partners, was recently named a finalist in the Australian Accounting Awards for both Firm of the Year and Best Wellness Program / Initiative of the Year.

The awards are among the most prominent in the accounting profession, recognising firms, leaders and initiatives across Australia.

At JMR Partners Cheltenham, Director Jean-Marc Raffaut and Associate Director Marita James continue to lead a team focused on clear advice, prompt communication and practical support.

15/05/2026

If your company employs staff, unpaid or late superannuation can create risk for directors personally. Read the article here: https://factor1.com.au/articles/payday-super-and-director-risk-why-payment-timing-matters/

In 2023-24, the Australian Taxation Office issued 8,710 Director Penalty Notices relating to unpaid Superannuation Guarantee Charge, involving 6,500 companies.

Payday Super does not create director liability from scratch. But from 1 July 2026, superannuation will need to be paid much closer to each payday, making payroll timing, cash flow and payment processes more important.

Now is the time for directors and business owners to check whether their payroll and superannuation processes are ready.

13/05/2026

If you run a business, own or are considering buying investment property, use a trust, employ staff or claim work-related deductions, the 2026–27 Federal Budget includes several measures worth reviewing.

We’ve broken down the key numbers, dates and practical areas to check, including:
• the permanent $20,000 instant asset write-off
• capital gains tax changes proposed from 1 July 2027
• negative gearing changes proposed for established residential property
• the 30% minimum tax proposed for discretionary trusts from 1 July 2028
• the $1,000 instant deduction for workers
• fuel, freight and supply chain measures that may affect business costs

Read the full article here: https://factor1.com.au/articles/2026-27-federal-budget-what-it-could-mean-for-businesses-investors-and-individuals/

Before making decisions, speak with your accountant. The impact will depend on your structure, income, assets, timing and plans.

07/05/2026

Together with Factor1, we continue to go from strength to strength.

It never gets old seeing Factor1 named among the finalists at the Australian Accounting Awards.

This year, we’ve been awarded finalist in three huge categories:
🔸Firm of the Year
🔸Partner of the Year, Terry Chung
🔸Partner of the Year, David Fitzgerald
🔸Wellness Program/Initiative of the Year

It’s a big moment for the whole team.

These categories say a lot about what matters to us: doing great work for clients, backing strong leadership, and creating a firm where people are supported to do the best work.

Thanks to our team, our clients and everyone who continues to back Factor1.

29/04/2026

The new $3 million super tax is now law, but most of the discussion around it is either oversimplified or overstated.

The change applies from 1 July 2026 and introduces an additional tax on the portion of superannuation earnings linked to balances above $3 million.

Two points that are often missed:
➡️ The rules are based on changes in your total super balance, not just income received
➡️ This means tax can arise even where assets have increased in value but have not been sold

For most people, this will not apply.

For those with higher super balances, the focus should not be on reacting to headlines. It should be understood how the rules apply to your position and whether any review is required.

We have put together a clear summary of how the new rules work and what they may mean in practice.

https://factor1.com.au/articles/3-million-super-tax-changes-what-you-actually-need-to-know/

28/04/2026

FBT time is here again, and employers should now be checking whether they need to lodge a fringe benefits tax return for the year ended 31 March 2026.

If your business provides benefits such as personal use of a vehicle, entertainment, parking, or other non-cash benefits to employees or their associates, review your position early.

For most employers, the key due date is 21 May 2026.

If your registered tax agent lodges electronically, the due date may extend to 25 June 2026, provided the lodgement requirements are met.

This is a good time to check your records, confirm any reportable fringe benefits, and review whether any exemptions or concessions apply.

23/04/2026

Around 1 in 5 employees have experienced superannuation being paid late or not in full at some point.

That is what sits behind the “20%” figure often referenced in the Payday Super discussion.

For many businesses, this is not deliberate. It is driven by timing gaps, payroll errors, or processes that rely on quarterly payments.

From 1 July 2026, that timing gap is removed.

Super will need to be paid on each payday, not quarterly.

This changes super from a periodic task into a real-time payroll obligation, with less room for delay or correction after the fact.

If your current process relies on quarterly cycles or manual steps, it is worth reviewing how this will operate at each pay run.

14/04/2026

Victorian employers: recent Supreme Court decisions have clarified how the LeavePlus scheme applies.

The key point is not the industry your business sits in.
It is the type of work your employees perform.

This means that some businesses operating outside traditional construction may still need to consider whether LeavePlus obligations apply.

Work that warrants review can include:
• building-related installation
• electrical work connected to building systems
• maintenance or repair of buildings or infrastructure
• safety and compliance services linked to building systems

This does not mean all businesses performing these activities are captured.
However, it may be appropriate to confirm whether your current position remains consistent with the legislative requirements.

If your workforce includes these types of roles, a structured assessment can help confirm:
• whether the LeavePlus scheme applies
• how payroll should be configured
• whether any historical periods require review

Read the full article here: https://factor1.com.au/articles/leaveplus-court-rulings-expand-potential-coverage-for-some-victorian-employers/

07/04/2026

For many business owners, EOFY pressure builds in June.

But the most useful conversations usually happen earlier.

Pre-30 June planning is not about rushing into last-minute decisions or chasing deductions for the sake of it. It is about understanding your position early, making clearer decisions, and heading into EOFY with more control.

In our latest article, we look at why proactive planning matters before 30 June, and how it can help business owners approach tax, cash flow, structure, and year-end decisions more clearly.

Read the article here: https://factor1.com.au/articles/pre-30-june-planning-how-proactive-planning-changes-your-year-before-eofy/