Employers · Updated 18 September 2026
Super guarantee is now 12%
The compulsory super guarantee rate increased to 12% from 1 July 2025. Employers should ensure payroll settings, employment contracts and remuneration arrangements apply the correct rate.
What to checkConfirm payroll is calculating contributions correctly, review salary package wording and make contributions by the applicable due dates. Late contributions may not be tax deductible and can trigger the super guarantee charge.
View ATO guidance →Business · Updated 18 September 2026
Tax time recordkeeping checklist
Complete and organised records help support deductions, substantiate GST treatment and reduce delays when preparing financial statements and tax returns.
What to organiseBank and loan statements, sales records, supplier invoices, payroll reports, motor vehicle records, asset purchases and disposals, stock figures, private use adjustments and details of any new finance arrangements.
View ATO recordkeeping guidance →SMSF · Updated 18 September 2026
Prepare early for the SMSF annual audit and return
Every SMSF must have its financial statements and compliance independently audited before the annual return can be lodged. Trustees remain responsible for compliance even where administration is outsourced.
What to organiseBank and investment statements, contribution records, pension documents, asset valuations, property income and expenses, related party dealings and evidence supporting the fund’s investment transactions.
View ATO SMSF guidance →