Clear Vision Accountancy Group

24/05/2026

May 2026/27 Federal Budget Announcement

The recent Federal Budget announcement included a number of proposed tax and business measures that may impact individuals and businesses over the coming years.

At this stage, it is important to remember that budget announcements are proposals only and are subject to the legislative process. In many cases, the final outcome can differ significantly from the original announcement once legislation is drafted and passed through Parliament.

As always, we will continue to monitor developments closely and review the detail of any measures once they are formally legislated. This allows us to provide accurate advice and ensure any actions taken are appropriate for your individual circumstances.

We encourage clients not to make major financial or tax decisions based solely on budget headlines. Once the legislation is finalised, we will communicate any key changes that may affect you and advise on the best course of action moving forward.

13/05/2026

Throwback to a big night for the team.

Last year, ST8 Wide Electrical took home the Property, Construction & Development Award at the Little Pig Consulting Business Excellence Awards, proudly sponsored by Ray White Commercial Toowoomba.

The ST8 Wide team shared a table with OnSPEC DAQ and our friends Justin & Mel from Clear Vision Accountancy Group.

A great moment that reflects the work our team puts in every day. Looking forward to what’s next.

29/04/2026

Payday Super Is Coming – Are You Ready?

From 1 July 2026, significant changes to superannuation obligations will take effect. Employers will be required to pay super at the same time as wages, with contributions needing to reach employee funds within seven business days of each payday—moving away from the current quarterly system.

At the same time, the ATO Small Business Superannuation Clearing House (SBSCH) will close on 30 June 2026, meaning any businesses currently using this service will need to transition to an alternative solution.

For many businesses, this will mean more frequent cash outflows and a greater reliance on efficient payroll and super systems.

Sam from Unlocked Finance explains, “Payday super starts 1 July 2026, super is due with every pay run. Options to stay ahead include a business overdraft, invoice or debtor finance, or simply adjusting your payroll cycle and cash flow forecasting now. Talk to us before it catches you short 1800 286 562.”

Now is the time to plan ahead, if you need help contact us on 4688 2500.

24/04/2026

21/04/2026

EOFY is coming in hot, and Boutique Tax Planning season is officially ON.
If you think you’ve got plenty of time… think again. Strategic tax planning isn’t a last‑minute job.

✔️ Year‑round strategy
✔️ Tailored to YOU
✔️ Designed to support your goals
✔️ Keeps more money where it belongs — in your hands

Assets must be installed and ready for use before 30 June 2026 to claim deductions, so now’s the time to get moving.

Ready to take control of your tax outcome?

Book your Boutique Tax Planning appointment today 4688 2500.

19/04/2026

ATOmate Now Live at Clear Vision Accountancy Group

We’re pleased to let you know that Clear Vision Accountancy Group has introduced ATOmate to enhance how we manage ATO correspondence.

Some clients may have already received communication through this new system. Importantly, there’s no real change from your perspective—emails will still come directly from our team, and you can continue to reply to them as usual.

Behind the scenes, however, this is a significant improvement for our processes. By moving away from reliance on traditional mail through Australia Post, we can access ATO correspondence much faster. This reduces delays, minimises the risk of items being missed, and helps ensure nothing falls through the cracks.

Overall, ATOmate allows us to provide a more streamlined, efficient, and responsive service to you, something we’re very excited about.

It’s also important to note that not all ATO correspondence comes through our office. The ATO may still contact you directly, which can sometimes mean we’re not immediately aware of updates or changes, something that can be frustrating for everyone involved.

If you have any questions, please don’t hesitate to reach out to our team on 4688 2500.

12/04/2026

Payday Super Misconceptions

We’re seeing a common theme at the moment, a lot of business owners think Payday Super just means paying super more often.

It’s not that simple.

From 1 July 2026, super will be due at the same time as wages. That means instead of quarterly payments, you’re potentially dealing with up to 15 times more transactions, and with that comes a significant increase in admin and error risk.

The ATO is also expecting a 60% increase in penalties tied to late or incorrect payments, and the window to get it right is shrinking from around 20 days down to just 7 days from payroll to fund allocation. Employment Hero research indicates the average small to medium business with approximately 20 employees will require $124,000 in additional working capital to manage the shift from quarterly to more frequent payments.

Research also suggests that 40 per cent of businesses may require a line of credit just to meet their super obligations on time.

On top of that, more than half of employers still aren’t across the changes. That’s where the real risk sits, not knowing what this means for your business until it’s too late.

This isn’t just a compliance change. It’s a cash flow and systems conversation.

If your current setup relies on manual processing, or you’re already feeling pressure around timing of payments, this will expose it quickly.

From a funding perspective, this is where planning becomes critical. As Sam from Unlocked Finance explains “From 1 July 2026, super is due on payday. An overdraft or line of credit can bridge the gap and invoice, or debtor finance can unlock cash already sitting in unpaid invoices. We can help you get the right facility in place before the deadline, 1300 286 532.”

The businesses that will handle this well aren’t the ones reacting in June 2026 they’re the ones tightening up systems and planning cash flow now.

If you need assistance understanding any of the upcoming changes, please contact us here at Clear Vision Accountancy Group on 4688 2500.

We drew inspiration for this article from Accounting Times, ATO and Employment Hero

06/04/2026

Payday Super Is Coming: Are You Truly Ready?

58% of businesses aren’t ready – Are you part of the 42% who are?

From 1 July 2026, the Australian Taxation Office (ATO) will require employers to pay superannuation at the same time as wages, a significant shift from the current quarterly system. While the change is designed to improve employee outcomes, it introduces real operational and cash flow challenges for businesses that aren’t prepared.

This is not just a compliance update; it’s a fundamental mindset shift. Many businesses assume their current payroll systems and processes will be “close enough.” They’re not. Payday super demands tighter payroll cycles, real-time accuracy, and disciplined cash flow management. If your systems aren’t fully aligned, you risk falling behind quickly.

Operational readiness is critical. This means reviewing payroll software capabilities, ensuring super calculations are automated and accurate, and aligning payment processes so super is remitted at the same time as wages. It also means reassessing internal workflows, delays that were manageable under quarterly reporting will no longer be acceptable.

From a risk perspective, the stakes are high. Superannuation Guarantee Charge (SGC) penalties will apply for non-compliance, and importantly, the Commissioner has no discretion to waive these penalties. In other words, mistakes will be costly and unforgiving.

Cash flow is where many businesses will feel the pressure. As Sam from Unlocked Finance puts it:
“Super on payday is coming 1 July 2026. Smart businesses are acting now, whether that's a line of credit, debtor finance, or tightening payroll timing and cash reserves. Don't let it hit your cash flow by surprise. Let's talk 1300 286 532.”

The businesses that start preparing now, operationally and financially will navigate this change smoothly. Those that don’t may find themselves exposed.

24/03/2026

With Hope for Our Children – I just got recognised as one of their top fans! 🎉