Krystal Advisory

Krystal Advisory We enjoy customizing solutions for each business, supporting you. Job Training to accounting graduates, Teaching tax and accounting at TAFE NSW.

Taxation Services and Business Advice
Our qualified accountants have decades of experience working with small to medium businesses, specializing in tax advice and CFO advisory services. CPA,CA qualified accountants helping owners in transforming their business to next level by providing strategic advice on accounting process, tax planning, compliance lodgment , credit & cash flow management, internal control, accounting software choices and recruiting accountants.

25/09/2026

A Fresh Start for Your Business : Is Your Business on Track? 📊

Spring is a great time for a fresh start. It’s also a good opportunity to review your business processes and make sure everything is on track.

1. Review your business structure
Make sure your business structure and registrations are appropriate for your business and understand the tax and reporting obligations that apply.

2. Keep accurate records
Maintain records of your business income and expenses, including receipts and invoices. Make sure any business and private expenses are correctly separated.

3. Stay on top of your obligations
Regularly review your business turnover and keep up to date with GST, BAS and other tax obligations that may apply to your business.

4. Protect your business
Review your security settings and stay alert to scams to help protect your business and financial information.

5. Address issues early
If you discover an error in your records, reporting or payments, addressing it early can help prevent further issues.

📋 Good business habits help keep your records organised, your obligations on track and your business ready for the year ahead.

Need help with your accounting or tax obligations?

Contact Krystal Advisory.
📞 0272486747
✉️ [email protected]
🌐 www.krystaladvisory.com.au

Accounting | Taxation | BAS | Business Advisory

14/09/2026

Upcoming FBT Changes from 1 April 2027

14/09/2026

📢 Upcoming FBT Changes from 1 April 2027

The ATO has announced changes to Fringe Benefits Tax (FBT) that may affect employers providing salary sacrificed work-related benefits.

Here are the key changes:

🔹 Some work-related expenses
The ‘otherwise deductible’ rule will no longer reduce FBT for certain salary sacrificed expenses, including home office, home phone/internet and self-education expenses.

🔹 Some work-related items
Certain items, such as laptops, software, protective clothing, briefcases and tools of trade, will no longer be FBT-exempt when provided through a salary sacrifice arrangement.

🔹Multiple work-related items
Employers will be able to provide more than one eligible work-related item in an FBT year, provided the items are mainly used for work and are not provided through salary sacrifice.

📅 These changes apply from 1 April 2027.

Employers providing salary sacrificed work-related benefits should be aware of these changes and consider whether they may affect their FBT obligations.

Need help? Please contact Krystal Advisory.
📞 0272486747
✉ [email protected]
🌍 www.krystaladvisory.com.au

10/09/2026

ATO Reminder : Overdue Prior-Year Tax Returns

10/09/2026

📌 ATO Reminder: Overdue Prior-Year Tax Returns

Taxpayers operating on a standard financial year who have one or more prior-year tax returns overdue as at 30 June 2026 may have a different lodgment due date for their 2026 tax return.

For the 2025–26 financial year:

• Overdue prior-year tax returns must be lodged by 31 October 2026.
• If all overdue returns are lodged by 31 October, the 2026 tax return will be due according to the normal lodgment program.
• It may take up to 3 weeks for the updated due date to appear on the client list.
• There is no need to apply for a deferral for the 2026 tax return, provided the prior-year returns are lodged by 31 October.
• Overdue prior-year returns may be subject to penalties and interest.

For taxpayers who were not required to lodge a particular year's return, notifying the ATO that a return is not required can help ensure the correct lodgment due date is set.

📅 31 October 2026 is an important date to be aware of when considering overdue prior-year returns.

Need help? Please contact Krystal Advisory.
📞0272486747
✉ [email protected]
🌍 www.krystaladvisory.com.au

22/08/2026

Expat Income & Double Tax Agreement (DTA)

18/08/2026

The New Division 296 Tax for High-Wealth SMSFs

14/08/2026

Foreign Property Sales & CGT Clearence

10/08/2026

To claim a Medicare levy exemption, you’ll need a Medicare Entitlement Statement (MES) from Services Australia.

⏰Apply early, it can take up to 8 weeks to process!

With the exemption, you won’t need to pay the 2% Medicare levy.

10/08/2026

Be careful of scammers

Address

11 York Street
Sydney, NSW
2000

Telephone

+61473144739

Website

Alerts

Be the first to know and let us send you an email when Krystal Advisory posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category