E C M Paterniti & Associates

27/05/2026

This week we celebrate Liya working with us for 15 years. She has gone from a support role to having her name on the door. We appreciate all the hard work over the years. Despite her busy schedule, she always make time to be kind and helpful. Thank you!

20/05/2026

We have had a few questions about the changes to income tax for Trusts. Please note: the changes for discretionary trusts will apply from 1 July 2028 (with some exceptions).

The Commonwealth Government has announced changes to the taxation of distributions from discretionary trusts. From 1 July 2028, trust distributions will be taxed at a minimum of 30%.

We will review your current trust arrangement, however we will need to wait until more specific information in respect of the measure is released.

If your trust arrangement needs to be restructured, we will discuss with you.

In the meantime, the current trust tax arrangements will remain for the years ending 30 June 2026, 2027 and 2028.

06/05/2026

Free end of financial year checklist 💻

To help you organise your financial records and find the paperwork you’ll need for your tax return, we’ve put together a handy EOFY checklist.

Download the checklist, and read our recap of key areas to be aware of before you claim, here: https://bit.ly/2MyKGvZ

01/05/2026

Our new office assistant Angelin brought in cakes for her birthday.

24/04/2026

Running your business as a partnership can mean you share the risk, responsibilities and mental load, rather than taking all of these on by yourself.

It can also mean you have less control over some aspects of your business and must take others into account with every business decision.

Here are some tips to help set you up for the best chance of success as a business partnership: https://bit.ly/4tfWMK1

20/02/2026

05/02/2026

🚨 SCAM ALERT 🚨

Beware of a new crypto email scam.

The scammers are pretending to be from us or from myGov. If you receive an email asking you to confirm you are holding cryptocurrency by calling a phone number:

🛑 Do not respond

🛑 Do not call the number

🛑 Do not provide any info

🛑 Do not open attachments.

27/01/2026

📖 ✨ Jargon Journal, New Year Edition! ✨🎆

Are you sick of hearing business buzzwords and nodding like you understand? We've created Jargon Journal to help small business owners understand business terms.

➡️ This month's jargon is: Business plan

Here's what small business owners need to know about a business plan:

✅ It helps you stay focused and on track throughout the year. By setting direction, defining objectives, outlining goals, and managing risks.
✅ It helps you get finance. A clear business plan shows banks and investors that you have a solid strategy and a path to success.
✅ A business plan gives you control by helping you understand factors affecting success and review what’s working and what needs improvement.

New year tip: January is the perfect time to refresh or create your business plan.

👉 Use the Business plan tool on business.gov.au to get started today!

14/01/2026

Super guarantee (SG) payments due 28 January
SG contributions are due to your eligible workers’ super funds by 28 January.

If you have eligible workers, make sure you pay their SG contributions in full, on time, and to the right fund by 28 January to avoid penalties and interest.

For this payment to be considered paid on time it needs to reach the super fund by the quarterly due date. To meet this deadline, you’ll need to make the payment early enough to allow for processing times.

SG contributions must be paid by each quarterly due date, but you can pay more frequently to help with your cashflow.

If you currently use the Small Business Super Clearing House (SBSCH), it will close permanently on 1 July 2026. Don’t wait until the last minute – transition to an alternative service now.

Reminder: Payday Super starts 1 July 2026. Now is the time to start getting ready to pay super at the same time as salary and wages. For more information and resources, go to ato.gov.au/paydaysuper.

09/01/2026

Will your business be impacted by the new Payday Super requirements? Feeling unsure about how this may impact your business or the steps you need to take to prepare?

Our Preparing for Payday Super workshop will help you gain clear insights into how these changes may impact your business and the actions you should be considering before the changes take effect.

This workshop is available for just $20, thanks to funding from the State Government.

📅Date: Thursday 29 January
⏰Time: 9:30am
📍Location: Online

Secure your place: https://bit.ly/payday-super