Company Review Payments & Business Registrations

We want to alert businesses to a concerning practice that is currently circulating. If you have received a letter that appears to be an official invoice or notice requiring payment to maintain your business registration, please exercise caution. These letter are NOT government-issued bills. They are often marketing materials designed to closely resemble official correspondence.…

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New Anti-Money Laundering (AML) and Counter-Terrorism Financing Laws (CTF) commencing 01.07.2026 via Austrac

Key changes under the laws for the accounting profession, amongst others. The changes impact high-risk services and current reporting entities. Regulation of high-risk services The new laws will expand our regulation into new industries that are recognised domestically and globally as high-risk for criminal exploitation. This includes certain designated services that are typically provided by the following businesses (newly…

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Payday Super commences from 01.07.2026

Payday Super requires employers to pay employees’ superannuation at the same time they pay their wages. Contributions must reach the employee’s fund within seven business days of payday. This replaces the old system, which only required employers to make super payments quarterly. For Employees Better visibility: You can track your super balance on a regular…

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ATO interest charges no longer tax deductible

The Australian Taxation Office (ATO) recently announced that businesses will no longer be able to claim tax deductions for ATO interest charges from 1 July 2025. This applies to the General Interest Charge (GIC) and Short Fall Interest Charge (SIC). So, what does this mean? GIC or SIC starting on or after 1 July 2025…

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An open letter to our clients, from Craig

After 28 years as the Principal of CMA Accounting and Taxation Services (CMA), I want to let you know that I am announcing my transition to retirement, from 30 June 2025. Kelly Gibbard and Angela Summers will become the new owners of CMA and I will continue on a consultancy basis for a few days…

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A letter from Angela and Kelly as the new owners of CMA

We have both been with CMA for over 20 years each, and understand the trust you have put in Craig and the CMA team. We too have experienced the atmosphere of genuine understanding, extensive knowledge and experience, and professional guidance. We will honour Craig, by maintaining those important relationships that have been developed over the…

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We like to mix it up a bit  by including recipes we love from our clients, and friends. We taste test them all first of course.

 We hope you enjoy them as much as we do. If you’ve got a ‘must try’ recipe, please send it into us.