With the 2025-2026 FBT year ending on 31 March, we say happy 40^th birthday to Fringe Benefits Tax – and we look at some of the key FBT issues for employers and employees.

This year, the ATO says it will focus on utes and workhorse-style vehicles – and there's a reminder that the FBT exemption for plug-in hybrid electric vehicles (PHEVs) ended at the start of the current FBT year (01 April 2025).

Find out more about the FBT impact for your business with our Frequently Asked Questions.

Payday Super comes into effect from 01 July 2026, and it's a significant change to employer obligations when it comes to paying employee superannuation guarantee contributions.

Most importantly, Payday Super is a legal mandatory for all businesses that pay salaries and wages. It means employees' super needs to be paid at the same time as payday – whether that's weekly, fortnightly, monthly or any other frequency.

We'll help you unpack all the changes that Payday Super will bring for your business.

Keeping our finger on the Australian and global financial pulse is what we do at The Peak Partnership.

Find out more about what your money is or could be up to with our latest quarterly Wealth Market Update for October – December 2025.

After the Division 296 Tax on superannuation balances over $3 million was first proposed back in 2023, there has been much debate about the design and intent of the tax.

It seems the Government has listened to criticism of the controversial features of their original Division 296 Tax proposal, developing an amended version to present to Parliament.

Read the latest on where proposal is at in our 'Division 296 Super Tax revamped' blog article.

If you hold a Family Trust (or similar trust entity), you need to complete a Trust Distribution Resolution by the end of the financial year. Learn more about your responsibilities as a trustee.

From 01 July 2025, the cost of outstanding business tax debt will increase significantly when the general interest charge (GIC) and the shortfall interest charge (SIC) penalties become non-deductible.

This signals that the Australian Tax Office is serious about accelerating the collection of over $50 billion in (mostly) business tax debt owed.

The Tax Practitioners Board (TPB) recommends that all Australian tax agents undertake proof of identity verifications for new clients. Stringent client verification helps protect our clients and The Peak Partnership from identity crime, which has increased with sophisticated technology.

In adopting the Proof of Identity (POI) recommendations and as part of our new client engagement process, we may need to verify your identity before we can start on your work. 

You can find out more, including the types of identification documents we may need to sight, by downloading our Proof of Identity fact sheet.