Stewart and Smith Advisory Your Complete Financial Partner

Taxation Articles

  • Taxation

Mar

2

2026

The 4 Tax Traps That Cause Businesses to Fail

By Mark Churchmichael, Head of Compliance & Tax With insolvency on the rise and tighter compliance enforcement from the Australian Taxation Office, there is now far less tolerance for tax debt, late lodgements and broken payment arrangements. ...

Continue Reading
  • Taxation

Feb

25

2026

Starting Your Own Medical Practice and Buying Your Own Premises

A practical tax, cashflow and wealth comparison for Health Professionals By Mark Churchmichael, Head of Tax & Compliance This guide shows, in real numbers, how moving from employment into your own structured practice can change:tax outcomes ...

Continue Reading
  • Taxation

Feb

18

2026

The SMSF Health Check Every Trustee Needs in 2026

By Mark Churchmichael, Head of Compliance & Tax As Australians approach the end of the 2026 income year, there’s no better time to take a deeper look at your Self-Managed Super Fund (SMSF) than right now. With ongoing ATO focus, looming budget...

Continue Reading
  • Taxation

Feb

9

2026

7 Commonly Overlooked Tax Deductions

By Mark Churchmichael, Head of Tax and Compliance Most missed deductions aren’t missed because they’re aggressive or complex. They’re missed because they sit in technical corners of the law, rely on habits rather than memory, and require structure...

Continue Reading
  • Taxation

Feb

2

2026

My Old Accountant Cost Me Close to $200,000 in Missed Tax Refunds

By Mark Churchmichael, Head of Tax and Compliance Most business owners don’t change accountants because something goes wrong. They change when they finally realise nothing has changed at all. Same structure. Same elections. Same approach. Year aft...

Continue Reading
  • Taxation

Jan

19

2026

ATO Data-Matching Programs: How the ATO Knows More Than You Think

By Mark Churchmichael, Head of Compliance & Tax The Australian Taxation Office’s data-matching capability has become one of its most powerful compliance tools. Today, many amended tax assessments arise not from traditional audits, but from qui...

Continue Reading
  • Taxation

Jan

13

2026

Tax Traps When Paying Contractors: What Employers Must Get Right

By Mark Churchmichael, Head of Compliance & Tax Engaging contractors can feel commercially efficient. But from a tax and compliance perspective, contractor arrangements remain one of the most common sources of unexpected liability for Australi...

Continue Reading
  • Taxation

Jan

7

2026

Seven Ways to Legally Reduce Your Payroll Tax Exposure (and Avoid Grouping Traps)

By Mark Churchmichael, Head of Compliance & Tax Payroll tax is one of the most significant, and least understood, state taxes facing growing businesses. Many employers only focus on it once assessments arrive, by which point opportunities to l...

Continue Reading
  • Taxation

Jan

6

2026

From Negative Gearing to Debt Recycling: Smarter Tax Strategies for High-Income Earners

By Mark Churchmichael, Head of Tax & Compliance For Australians on top marginal tax rates, debt can either quietly erode wealth – or be reshaped into a powerful long-term strategy. Two of the most talked-about approaches are negative gea...

Continue Reading
  • Taxation

Dec

22

2025

How to Legally Reduce Your Capital Gains Tax on Windfall Gains – and Where to Park the Money Afterwards

By Mark Churchmichael – Head of Compliance and Tax. A large capital gain – from selling a business, property, shares, or an unexpected windfall can be life-changing. It can also trigger a significant tax bill if not managed carefully. ...

Continue Reading