SMH Accountants & Advisors

SMH Accountants & Advisors SMH Accountants & Advisors is dedicated to providing top-notch accounting and taxation services to individuals and businesses of all sizes.

Payday Super isn't new anymore — but plenty of businesses are still catching up.The rule: super now has to hit your empl...
20/07/2026

Payday Super isn't new anymore — but plenty of businesses are still catching up.

The rule: super now has to hit your employees' accounts within 7 business days of every payday, not just quarterly. Miss the window and the shortfall becomes non-deductible, plus penalties on top.

Also worth knowing — the Small Business Superannuation Clearing House has been retired, so if that was your go-to, it's time for a new process.

If you're not 100% sure your payroll setup is keeping up, DM "AUDIT" and we'll check it for you. ✅

📞 03 9969 1247
🌐 smhaccountants.com.au

17/07/2026

The working-from-home shortcut everyone used to rely on doesn't fly anymore. The ATO now expects a
genuine, full-year record of your hours — not a guess from memory in June.

Get the records right and 70 cents an hour adds up fast. Get them wrong, and the ATO can knock out
the whole claim, not just trim it.

DM “DEDUCTIONS” and we'll work out which method — fixed rate or actual cost — actually gets you
the better outcome.

📞 03 9969 1247
🌐 smhaccountants.com.au

Planning to buy a vehicle for your business this financial year? The ATO's car limit has increased to$69,883 for 2026–27...
15/07/2026

Planning to buy a vehicle for your business this financial year? The ATO's car limit has increased to$69,883 for 2026–27 (up from $69,674) — the maximum value used to calculate depreciation and GST credits on the purchase.

Get the timing and structure wrong and you could miss out on thousands in legitimate claims.

DM “STRUCTURE” before you sign anything — we'll help you plan it properly.

📞 03 9969 1247
🌐 smhaccountants.com.au

Tax cuts are locked in for FY 2026–27 — if you earn between $18,201–$45,000, you're now paying less tax on every dollar ...
13/07/2026

Tax cuts are locked in for FY 2026–27 — if you earn between $18,201–$45,000, you're now paying less tax on every dollar in that bracket.

It might not sound like much per payslip, but over a full year it adds up. And if you're not sure how it changes your take-home pay or your planning for the year ahead, that's exactly what we're here for.

DM "NUMBERS" and we'll walk you through what it means for you. 📊

📞 03 9969 1247
🌐 smhaccountants.com.au

07/07/2026

Repairs and improvements get taxed completely differently — and mixing them up is one of the easiest
ways to overclaim on a rental property without realising it.

Fix something that's broken? Claim it this year. Improve or add value to the property?

That gets depreciated over time, not claimed upfront. Get it backwards and the ATO can claw back the difference,
plus interest.

DM “REVIEW” and we'll run your eye over your rental deductions before you lodge.

📞 03 9969 1247
🌐 smhaccountants.com.au

30/06/2026

The clock is ticking. ⏰

30 June isn't just the end of the financial year — it's the deadline for every deduction, super contribution, and prepaid expense that could save you money.

Miss it and it's gone. No exceptions.

SMH Accountants helps you plan before the cutoff, not scramble after it.

📩 DM us now

📞 03 9969 1247
🌐 smhaccountants.com.au

30/06/2026

The super deadline isn't waiting. ⏰

Most people don't realise — unused super contributions from past years can expire on 30 June. And if the money doesn't land in your fund in time, the opportunity is gone.

Concessional contributions are taxed at just 15%. For most people, that's well below their income tax rate.

The limit this year is $30,000 — and your employer's contributions count toward it.

If your super balance is under $500k, you may be able to catch up on missed years. But some of that room closes at midnight on the 30th.

Don't find out too late.

📩 DM us SUPER and we'll help you work out your number before the deadline.

📞 03 9969 1247
🌐 smhaccountants.com.au

This one catches people off guard every year — except this year the deadline ispermanent. 🚨The ATO's Small Business Supe...
29/06/2026

This one catches people off guard every year — except this year the deadline is
permanent. 🚨
The ATO's Small Business Super Clearing House (SBSCH) closes on 30 June 2026.
If you use it right now to pay employee super — you need to act in the next few
weeks.

What you need to do before July 1:
① Confirm you're using the SBSCH (check your payroll portal)
② Choose a SuperStream-compliant alternative
— most major super funds offer one free
③ Set it up and run a test payment in June
④ Update your payroll software settings
⑤ Make sure it's live before Payday Super kicks in on July 1
The timing is brutal — Payday Super starts the exact same day the SBSCH closes.
Two major changes. One deadline. No grace period.
Comment SBSCH below and we'll DM you the step-by-step transition guide. 👇

📞 03 9969 1247
🌐 smhaccountants.com.au

The ATO doesn't hide what they're looking for. Most people just don't payattention. 👀Swipe through to see the 4 areas un...
26/06/2026

The ATO doesn't hide what they're looking for. Most people just don't pay
attention. 👀

Swipe through to see the 4 areas under increased scrutiny in FY26 — and check
honestly whether your business is exposed.

Spoiler: it's not about being perfect.

It's about having records that support your claims.

Comment AUDIT below and we'll DM you our free FY26 compliance checklist. 👇

📞 03 9969 1247
🌐 smhaccountants.com.au


Save this post right now. Seriously. 📌These 5 things are the difference between a good tax return and a great one.Here's...
12/06/2026

Save this post right now. Seriously. 📌

These 5 things are the difference between a good tax return and a great one.
Here's why each one matters:

① Vehicle logbook — no log, no claim. ATO won't accept guesses.
② Home office — more people qualify than they think. But you need actual records.
③ Meal receipts — "lunch $85" gets rejected. "Lunch with [client] re: proposal
$85" gets approved.
④ Assets — phone, laptop, equipment. Even partial business use can be split and
claimed.
⑤ Subscriptions — Xero, Canva, Adobe, Zoom, ChatGPT. If it runs your business,
it's deductible. Are you claiming all of them?

The businesses that come to us in July with clean records consistently get better
outcomes than the ones who scramble in June.

Comment DEDUCTIONS and we'll DM you our full business deductions checklist — free.👇

📞 03 9969 1247
🌐 smhaccountants.com.au

Address

82 Mount Alexander Road, Travancore , Victoria
Melbourne, VIC
3032

Opening Hours

Monday 8:30am - 7:30pm
Tuesday 8:30am - 7:30pm
Wednesday 8:30am - 7:30pm
Thursday 8:30am - 7:30pm
Friday 8:30am - 7:30pm

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