Cosca Coutts Redington

15/09/2026

When was the last time you reviewed your business Terms & Conditions? 📄

Having clear, well-drafted T&Cs can help protect your business, set expectations with your customers and avoid misunderstandings down the track.

Whether it’s payment terms, cancellations, warranties or resolving disputes, it’s important to understand what should be covered and why.

Our latest article takes a look at some of the key things Australian businesses should consider when putting together legally compliant Terms & Conditions.

Terms and conditions bind your customers only where they actively accept them, so a tick box at checkout holds up where a footer link often does not.

12/09/2026

👶 An important change to Paid Parental Leave is now in effect.

Superannuation contributions are now being paid on eligible government-funded Paid Parental Leave, helping to ensure that taking time away from work to care for a new child doesn’t have as significant an impact on long-term retirement savings.

It’s a positive step towards improving retirement outcomes for parents and addressing the superannuation gap that can arise during periods of parental leave.

Our latest article explains how the new super contributions work, who is eligible and what you need to know.

Read more below 👇

From July 2026, the new Paid Parental Leave Superannuation Contribution (PPLSC) has started.

11/09/2026

RU OK 2026 - what are you grateful for in Life? That was the topic of today's discussion.

09/09/2026

Closing a business is a big decision — and there’s more involved than simply shutting the doors.

From looking after employees and communicating with customers and suppliers, through to finalising tax obligations, registrations, leases and record keeping, there are a number of important steps to consider.

If you’re thinking about closing your business, getting the right advice early can help you understand your options and make sure your obligations are properly managed.

Our latest article outlines some of the key steps to consider when closing a business.

👇 Read more below, and if you need guidance on your next steps, reach out to our team — we’re here to help.

If the business is no longer profitable, and is unlikely to be profitable in the future, your best option may be to close your business.

07/09/2026

UPDATE - Our power is going off at 11:00am Today (Thursday 10 September) and will be off for the remainder of the day.
Therefore, our office will be closed for the rest of today.

Please note Ergon have a planned Power Outage for our office complex on Thursday 10 September between 8:00am - 5:00pm
We have been advised that the power will be off sometime on Thursday for up to 2 hours if all goes according to plan.

At this stage, we will be open on Thursday, however we will have no phones, internet or power once Ergon commence the maintenance work.

We will keep you posted once the maintenance work has been completed.

04/09/2026

💼 Working more than one job? Make sure you’re not caught out at tax time.

Having a second job, multiple part-time roles or earning extra income through gig work can be a great way to boost your income — but it can also affect how much tax you need to pay.

One common issue is claiming the tax-free threshold from more than one employer, which may mean not enough tax is withheld during the year. Other income, such as gig work or a side business, may also have little or no tax withheld. If you have a HECS/HELP or other study loan, your combined income can also affect your compulsory repayments.

Our latest article explains what to watch for and some practical steps you can take to help avoid an unexpected tax bill.

👇 Read the full article:
Don’t get caught out at tax time with your multiple jobs

If you’re unsure whether enough tax is being withheld across your different income sources, speak with our team — we’re here to help.

Picking up a second job, holding multiple part-time roles, or doing gig work is now part of everyday life. Picking up a second job, holding multiple

25/08/2026

⚠️ A 35% penalty is a costly reminder to take BAS obligations seriously.

A recent case involving a taxpayer penalised for “recklessness” highlights the importance of ensuring Business Activity Statements are accurate and supported by appropriate records.

Mistakes can happen, but when it comes to BAS reporting, the ATO expects businesses to take reasonable care. Getting it wrong can result in significant penalties on top of the original tax liability.

👉 Read our latest article to learn more about the case and what businesses can take away from it.

Following an application for a refund of nearly $94,000, the Administrative Review Tribunal has set aside an application for the remission of a 50 per cent penalty assessment.

22/08/2026

⚠️ ATO debt collection is ramping up — and small businesses are firmly in focus.

The ATO is taking a tougher approach to outstanding tax debts, with SMEs being urged not to ignore overdue obligations or wait for the ATO to make the first move.

If your business has an outstanding tax debt, acting early and communicating with the ATO can make a significant difference. Understanding your options and having a plan in place is key.

👉 Read our latest article to find out what the ATO’s increased debt collection activity could mean for your business.

One insolvency specialist has emphasised the importance of small businesses engaging their accountants to stay on top of their tax debts in light of increased ATO scrutiny of the SME market.

20/08/2026

Due to IT System updates to align Coutts Redington & Cosca, our office will be closed today.
We apologise for any inconvenience this may cause.
We will all be back Monday 24 August 2026 to assist you.

20/08/2026

🔐 Small business? Your privacy obligations may be changing.

The new Anti-Money Laundering (AML) rules can bring additional privacy responsibilities for businesses that may previously have been exempt from the Privacy Act — including some businesses with turnover under $3 million. (Coutts Redington)

If your business is required to comply with AML obligations, it’s important to understand how you collect, store, use and protect personal information.

Our latest article explains how the AML and privacy rules work together and what small businesses should be considering.

👉 Read more below.

Compliance with new anti-money laundering (AML) laws may subject your small business to additional privacy obligations it did not face before.