Xero has rolled out two updates worth knowing about. Smart Document Capture is now in beta for Australia, processing bills and receipts in around 30 seconds. Auto Bank Reconciliation has also been upgraded with in-row editing and clearer transaction reasoning. Here is what it means for your books.

From 1 July 2026, super must be paid with every pay run and the ATO has made clear it knows who is trying and who is not. Here is what the draft compliance guideline means for your business.

Significant changes are coming to the way Australian employers pay superannuation. With the government’s Payday Super reform now officially passed into law, all businesses will soon be required to pay super at the same time they pay their employees’ wages.

Major changes are underway for employers who use the ATO’s Small Business Superannuation Clearing House (SBSCH). As part of the government’s broader superannuation reforms, the SBSCH will permanently close on 1 July 2026, meaning businesses will need to transition to a new way of making super payments.

Employing casual staff offers flexibility but comes with specific obligations. Casual employees differ from permanent staff in several ways, including entitlements and rights.

The end of the year is a busy time for small businesses. Between planning holidays, managing staff leave, and keeping payroll accurate, it’s important to ensure compliance with workplace laws. Use this checklist to help your business finish the year smoothly and legally.

From August 2025, the ATO will change the way your tax account appears, which may affect what you see when you log in.

Until now, any “debts on hold” weren’t included in your account balance. That sometimes made it tricky to get a clear picture of what was owed. From August, these debts will start appearing in your account, giving you (and your bookkeeper or BAS Agent) better visibility of your full tax position.

Payroll platforms are evolving quickly, and many now offer employee self-onboarding tools. Instead of manually entering employee details, your team members can input their own information directly into the system.

It’s a big time-saver. It reduces errors. It streamlines admin.

When it comes to managing your business finances, accuracy and compliance are essential. One of the best steps you can take as a business owner is to engage the services of a registered BAS Agent. At Diverse, we’re proud to be fully registered with the Tax Practitioners Board (TPB), giving our clients the peace of mind that their reporting obligations are in safe hands.

The TPB has recently launched its “Find a BAS Agent You Can Trust” campaign, which highlights the importance of using registered professionals and the risks involved in working with unregistered preparers.

If you’re a small business owner with staff, now is the time to review your payroll record-keeping practices. The Fair Work Ombudsman (FWO) has been actively conducting spot checks across six major Australian cities, targeting businesses to ensure compliance with record-keeping laws.