From www.knowledgeshop.com.au: The ATO has applied to the High Court for special leave to appeal the Full Federal Court’s decision in the Bendel case, which disputes whether UPEs owed by a trust to a company should be treated as loans for Division 7A purposes.

The ATO will continue to administer tax rules based on its current guidance until the appeal process concludes, while also holding off on processing related amendments or rulings.

Treasury has also released an exposure draft for Payday Super legislation, requiring employers to pay superannuation contributions within seven days of salary payment, starting from 1 July 2026, alongside various changes to the superannuation guarantee system.