28/05/2026
ASIC warning ! Don’t get caught out!
Unsolicited ‘business name’ renewals and ‘company review’ notices…
As a marketing ploy.. Allegedly impersonating ASIC and (often considered to be) misleading and deceptive conduct!
This has ben happening for DECADES - sole traders, small businesses and small business directors being unwittingly caught paying additional unnecessary fees to third parties.
We’re delighted to see ASIC has now issued a warning to business owners about this conduct.
Share this with your business friends.. Don’t let them get caught out by these unnecessary fees.
Small business owners shouldn’t be permitted to be preyed upon by these opportunistic practices.
If you are ever unsure.. we can assist you!
ASIC link below:-
https://www.asic.gov.au/about-asic/news-centre/news-items/unsolicited-business-name-renewal-and-company-review-notices/
12/05/2026
Five things you need to know about the 2026–27 Federal Budget 👇
🏠 Housing tax reform
- The 50% Capital Gains Tax discount replaced from next year with a discount based on inflation and a minimum 30% tax rate on capital gains.
- From July 2027, Negative gearing limited to new homes, with existing investments grandfathered.
- $2 billion allocated for power, roads and drainage to support new housing developments.
⛽ Fuel security
- $14.8 billion committed to a fuel resilience package to secure fuel and fertiliser supplies.
- $3.2 billion to establish a permanent fuel security reserve.
- 20% of gas exports to be reserved for domestic use.
💼 Australian workers
- More than 13 million workers will receive a $250 Working Australian Tax Offset from 2027-28 income year.
🛡️ New spending
- An additional $53 billion for defence over the next decade, lifting spending to 3% of GDP.
- $25 billion for public hospitals and $5.9 billion to expand medicines listed on the PBS.
✂️ Spending changes
- $37.8 billion in savings from the NDIS over the next 4 years.
08/05/2026
Bitter sweet day today!
We wish a Happy birthday to Katrina today.. and today we farewell Nova (our receptionist in the Cannonvale office) Nova is relocating to the Sunshine Coast! Nova has been an amazing part of our team.. and we wish her all the best!
19/02/2026
Looking for a Qualified Accountant to join our team!
Full time- Part Time- Flexible hours!
Please send all resume to [email protected]
19/12/2025
🎄 Merry Christmas & Happy New Year from Action Tax Services! 🎄
As the year comes to a close, the team at Action Tax Services would like to wish our wonderful community a very Merry Christmas and a Happy New Year. Thank you to our loyal clients for your continued trust and support throughout the year!
Holiday Office Hours:
Our office will be closed from 5:00pm Friday, 19 December and will reopen at 9:00am Monday, 5 January 2026.
We hope your festive season is filled with joy, laughter, and a well-earned break. We look forward to working with you again in the new year!
19/02/2026
19/12/2025