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Field notes on building, funding and running a Australian company.

8 of 8 posts

Tax & compliance · 2026-08-15

Division 7A: when taking money out of your company becomes a deemed dividend

A director who draws cash from the company account without a loan agreement is not borrowing — under Division 7A, the ATO can treat that …

Payroll & people · 2026-08-15

Your first employee in Australia: what switches on with pay run one

The first pay run is not one task, it is five separate obligations that all start on the same day: Single Touch Payroll reporting, super …

Tax & compliance · 2026-08-15

The instant asset write-off: what's actually law right now, and why it keeps moving

The $20,000 instant asset write-off is legislated for 2025-26. What happens from 1 July 2026 was announced in the May 2026 Budget but, as…

Tax & compliance · 2026-08-15

The June 30 close, planned in May

Working backwards from the Australian financial year-end: what gets reconciled in May, why STP finalisation and TPAR land easier when Jun…

Payroll & people · 2026-08-15

Payday Super is live: what changed on 1 July 2026

From 1 July 2026 super guarantee is due within 7 business days of each payday, not 28 days after quarter end. What the new clock does to …

Structure & setup · 2026-08-15

Sole trader to company: when the switch makes sense and what actually changes

Incorporating is not a form you fill in over a weekend. It is a new ABN, a new set of registrations, a possible CGT rollover on the asset…

Software · 2026-08-15

Xero vs MYOB for a new Australian company: the factual differences

A new company has to pick a ledger before its first invoice goes out. Here is what actually differs between Xero and MYOB on payroll comp…

Tax & compliance · 2026-08-15

Your first BAS: what your agent needs from you

A first BAS goes smoothly on four things: your GST registration is confirmed and dated correctly, every transaction carries a GST code, t…