ATO corporate plan 2025–26: Key priorities for super funds

Posted by Team AVS on 28 Aug, 2025 0 Comments

Deputy Commissioner Emma Rosenzweig shares what our corporate plan means for super funds.

A key priority in our Corporate plan 2025–26 is the implementation of Payday Super; a reform designed to close the superannuation guarantee (SG) gap and ensure Australians receive the retirement savings they are entitled to.

While this measure is not yet law, from 1 July 2026 employers will be required to pay SG contributions on the same day th

Personal super contributions

Posted by Team AVS on 22 Aug, 2025 0 Comments

How to make personal super contributions, including claiming a tax deduction so they are concessional contributions.

What are personal super contributions?

You can boost your super by adding your own personal contributions, which are the amounts you contribute directly to your super fund.

If you claim a tax deduction for them, they're concessional contributions and are effectively from your pre-tax income. They are taxed in the fund at a

SuperStream for employers

Posted by Team AVS on 18 Aug, 2025 0 Comments

SuperStream is a standard requiring all employers to provide payments and related data to super funds electronically.

How SuperStream works

SuperStream is the way all employers must pay employee superannuation guarantee contributions to super funds. With SuperStream, money and data are sent electronically in a standard format.

Your employee super information is linked to your super contributions by a unique payment reference number (PRN)

ATO warns businesses against falsifying their GST claims

Posted by Team AVS on 6 Aug, 2025 0 Comments

The ATO is cracking down on GST fraud in the property and construction industry.

The Australian Taxation Office (ATO) is sending a clear message to businesses considering committing GST fraud, making dishonest claims and falsifying invoices.

Assistant Commissioner Adam O’Grady said the fraud is currently predominantly within the property and construction industry. We’ve also identified early signs of it proliferating in other industries

ATO app puts protection in your pocket

Posted by Team AVS on 28 Jul, 2025 0 Comments

Download the ATO app for extra protection this tax time.

As millions of Australians are preparing to lodge their tax returns, scammers are actively seeking new ways to exploit personal information. If successful, they can use stolen details not only to commit fraud against the Australian Taxation Office (ATO), but also carry out broader identity theft and financial crimes across the community.

The ATO has reported a sharp rise in impersonat

Missed and late super guarantee payments

Posted by Team AVS on 28 Jul, 2025 0 Comments

What to do if you're an employer and don't pay an employee's super guarantee (SG) in full, on time or to the right fund.

If you don't pay super on time

If you don't pay an employee's super guarantee (SG) to the right super fund on or before the due date you must:

lodge a super guarantee charge (SGC) statement
pay the super guarantee charge.

If an employee believes their SG contribution hasn't been paid correctly, they can con

Avoid these common CGT errors

Posted by Team AVS on 11 Jul, 2025 0 Comments

Use these tips to get capital gains tax (CGT) right the first time.

We're seeing mistakes when clients have sold capital gains tax assets such as property.

Foreign resident capital gains withholding

Having a Foreign resident capital gains withholding (FRCGW) clearance certificate doesn't mean they don’t have any further CGT obligations. If they've sold property, they still need to include capital gains, losses or an exemption or rollov

Have you paid your super guarantee entitlements?

Posted by Team AVS on 2 Jul, 2025 0 Comments

You need to pay your eligible workers’ super guarantee (SG) in full, on time and to the right fund by 28 July.

If you hire staff, you need to pay your eligible workers’ super guarantee (SG) in full, on time and to the right fund by 28 July.

You need to allow extra time for the payments to reach your employees’ super funds if you’re using a commercial clearing house. Payments are only considered ‘paid’ when the super fund rece

A second of caution can safeguard your future

Posted by Team AVS on 26 Jun, 2025 0 Comments

Use these simple steps to protect yourself against scammers this tax time.

Scammers take advantage of tax time by impersonating the ATO through fake emails and messages, hoping you'll respond quickly without verifying if they are genuine. ATO email impersonation scams alone are up 300% from this time last year.

Scammers know you’re busy, often distracted, and want you to respond quickly without verifying who is contacting you. They are tr

How to work out and report CGT on crypto

Posted by Team AVS on 20 Jun, 2025 0 Comments

How to work out and report capital gains tax (CGT) on transactions involving crypto assets.

When capital gains tax applies

The most common use of crypto is as an investment, in which case the crypto asset is a capital gains tax (CGT) asset.

If you acquire a crypto asset as an investment, transactions such as disposal or exchange or swap are a CGT event and you may make a:

capital gain
capital loss, which can reduce capital gains yo

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"AVS Business Services have been looking after our SMSF and our family’s tax affairs for a number of years. Their experience, professionalism and knowledge is of the highest order.Their personalized service and depth of understanding in setting up and managing a SMSF is excellent. They are also happy to go out of their way to assist in every way no matter how small it is."

We would be happy to recommend their services.

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“Team at AVS Business Services helped us set up our SMSF and put the correct structure in place for acquisition of real properties in our SMSF. AVS has exceeded our expectations and their specialist team has provided valuable support throughout the process of buying properties in our SMSF. We highly recommend their services. “

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AVS Business Services have been our tax advisers and accountants for more than 3 years now. We have a great working relationship and constantly receive industry updates and useful information for our business. I would recommend AVS to any one as I feel they provide a very professional, timely and accurate service. They are well versed in Tax and superannuation legislation and support all of our business needs. They are a pleasure to deal with and we are sure that we are always dealing with advisers who understand business very well.

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