OnVenture Accounting & Advisory

29/05/2026

⏰ 30 June is closer than it feels — is your business actually ready?
Most business owners know EOFY is coming. Fewer are ready for what's on the list this year.
We've put together a practical checklist of everything you should be reviewing and actioning right now — including a major change that affects every employer in Australia from 1 July that a lot of people still haven't heard about. 👇
What's covered:
✅ Stocktake & inventory
✅ Employee pay rates (Fair Work increases from 1 July)
⚡ Payday Super — quarterly super is GONE from 1 July 2026
✅ STP finalisation (due 14 July)
✅ Trust distribution resolutions (hard deadline — before 30 June)
✅ Division 7A & shareholder loans
✅ Super contributions for business owners
✅ Payroll tax & WorkCover declarations
✅ Insurance & asset protection
✅ Structure, succession & finance review
Some of these have consequences if you miss them. The trust resolution deadline alone can cost you a 47% tax hit on all trust income.
The businesses that treat EOFY strategically enter the new financial year stronger. The ones that don't find out what they missed in October. 😬
👉 Read the full checklist here: https://onventure.com.au/eofy-2026-business-checklist/
Need help getting it done before 30 June? Drop us a message or book a call — the clock is ticking. 🗓️

21/05/2026

🚨 2026–27 Federal Budget: The Tax Grab Reshaping Property, Business & Wealth Creation

The Budget has landed — and if you own a business, invest in property, hold shares or crypto, or you're a PAYG employee trying to get ahead, this one affects you more than the headlines suggest.

We've broken down what's actually being proposed and what it means for your wealth:

🏠 Negative gearing restricted to new builds — but rental losses aren't gone, they're quarantined. The difference matters enormously for your cashflow and borrowing capacity.

📉 CGT discount reform — this doesn't just hit property investors. It hits shares, ETFs, crypto, managed funds. Every asset class. Every investor.

🏦 30% minimum tax on discretionary trust distributions — the one that's alarming estate planners, and for good reason. It's not company tax. The credits may not be refundable.

🔎 More ATO compliance funding — if your records, trust resolutions, or Division 7A loans aren't in order, now's the time.

✅ And one win: the $20,000 instant asset write-off is becoming permanent.

The gap between reactive taxpayers and proactive strategic planners is about to widen. The clients who win will be the ones who act before the legislation lands — not after.

Read the full breakdown 👇
https://onventure.com.au/2026-27-federal-budget

25/03/2026

Business Accountant Melbourne
Helping business owners and property investors increase profit, improve cashflow and build wealth.

If you're serious about scaling your business and building long-term wealth, we offer strategy sessions to identify opportunities and map your next move.

Book here:

This meeting request requires you to meet with us online via your computer or phone using Zoom video conferencing which you will receive instructions on how to access. If you are unable to access Zoom we will call you on your nominated phone number.