As we head into the final quarter of 2025, the Australian Taxation Office (ATO) has rolled out several key updates that could impact individuals, small businesses, and tax professionals. Here’s a quick roundup of the most important developments:
SBSCH Access Restricted Ahead of 2026 Shutdown
The ATO has announced that its Small Business Superannuation Clearing House (SBSCH) will permanently close on 1 July 2026 as part of the Payday Super reform. Starting 1 October 2025, new registrations are no longer accepted, and only existing users can continue using the service. Small businesses are advised to begin transitioning to alternative superannuation payment platforms.
Tradies & Professionals Under the Microscope
The ATO has issued a compliance warning targeting builders, contractors, and professionals in engineering, IT, and consulting. These sectors are seeing “recurring issues” in tax reporting, prompting increased audits and potential penalties. Businesses in these industries should review their practices and seek professional advice to stay compliant.
Tax Return Deadline Approaching
For individuals lodging their own tax returns, 31 October 2025 is the final deadline. Late lodgers may face penalties starting at $330, increasing every 28 days. Those using a registered tax agent must be on their books by 31 October to qualify for extended lodgment dates.
Legislative Updates
Parliament is reviewing the Treasury Laws Amendment Bill 2025, which includes:
- Extension of the $20,000 instant asset write-off to 30 June 2026
- Amendments to GST reporting
- Enhanced transparency in corporate holdings
Tax Tips & Tools
The ATO continues to promote its free digital tools to simplify tax management for individuals and small businesses. These include online calculators, record-keeping apps, and educational resources.
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Soundera Pandian Selvaraj, One Business Services Team
