On 1 July 2026, the Small Business Superannuation Clearing House (SBSCH) will close permanently as part of the Payday Super reforms. With only a few months left, employers still using the SBSCH need to find an alternative option, and soon. Don’t wait until the last minute If you currently pay your superannuation quarterly, the Australian Taxation Office (ATO) recommends that the super payment for the January-March 2026 quarter (due 28 April 2026) be the last payment you make

Failing to lodge tax documents on time can lead to automatic financial penalties, but the severity depends on your location and the type of entity you are. As of 2026 , here is the breakdown of late lodgement fines for Australian taxpayers. 🇦🇺 Australia (ATO) The ATO uses a "penalty unit" system. As of late 2024 and throughout 2026 , one penalty unit is $330 . Entity Size Penalty Rate Maximum Fine Small (Turnover <$1M) $330 per 28 days late $1,650 (5 units) Medium ($1M–$

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https://business.gov.au/finance/financial-tools-and-templates?fbclid=IwAR1ByZIQ5Izv_rXpuoqDqJA8CA2vtpEFGT2p4_iD5R9DLXnl6dW18X9JO-4 Find...

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