Heaney Business Group

☕🎗️ Tomorrow, the team at HBG will be hosting a Cancer Council Australia's Biggest Morning Tea. 🎗️☕

We're proud to be supporting this wonderful initiative and doing our part to help raise funds for Cancer Council's vital research, prevention programs and support services for Australians affected by cancer.

Cancer has touched the lives of so many of us, and we're honoured to come together as a team to support such an important cause.

Wishing everyone else hosting or attending a Biggest Morning Tea tomorrow a fantastic morning. Together, every conversation, every cuppa and every donation helps make a difference. 💛



https://www.biggestmorningtea.com.au/fundraisers/Heaneybusinessgroup

Over the years, Heaney Business Group has grown significantly thanks to the ongoing support of our amazing clients, referral partners and the wider community.

As a result, we have made the decision to no longer take on new standalone personal tax return clients.

This allows our team to continue focusing on providing a high level of service and proactive advice to our existing clients and to the areas we specialise in — business , SMSFs and not-for-profits that support our community.

We will absolutely continue to look after:
✔ Our long-term existing personal tax clients
✔ Family groups connected to existing clients
✔ Referrals from our trusted referral partners
✔ Clients we already work with in a business, SMSF or advisory capacity

We are incredibly grateful for the trust and support our clients and community continue to show us, and we look forward to continuing to support you all into the future.

– Gemma & The HBG Team!

The 2026–2027 Federal Budget has been handed down — and there are some significant proposed changes that could impact small business owners, investors and SMSFs.

Key areas include:

• Small business measures and cash flow support
• The permanent $20,000 instant asset write-off
• Proposed trust and CGT reforms
• Negative gearing changes
• Superannuation updates and broader planning impacts
• Personal tax measures and deductions

Some of the proposed changes are substantial and could have long-term implications for business structures, investment strategies and tax planning.

We are currently reviewing the detail and have prepared a summary newsletter outlining the key announcements and what they may mean in practice.

Read our Budget Report here:
https://heaneybusinessgroup.com.au/newsletter/2026-2027-federal-budget-report/

As always, if you are concerned about how any of these changes may affect you, please contact our office to discuss your specific circumstances.

2026–27 Federal Budget Report | Heaney Business Group Summary of key tax, housing, investor and business measures from the 2026–27 Federal Budget, plus economic outlook and what it means for you.

Graham Harvey - Service Leadership is back running his Design Delight Deliver workshop.

You are invited to experience why, for over nineteen years, so many Western Australian businesses continue to choose Design! Deliver! Delight! as their number one go-to service excellence and customer experience staff professional development workshop.

… crafting a culture & mindset of service excellence that delights every customer ... every time!

Perth (Pagoda Resort Como) – Wednesday 6 May 2026 – 08:45am - 1:00pm

Experience the latest in next-level information and learning including …
• What is service design?
• What is a service mindset?
• How do you create a whole-of-organisation culture of service excellence?
• How do you establish and execute your business values … every time, without fail?
• How do you translate your service values into non-negotiable behaviours?
• Why is psychological safety so integral to service excellence?
• What is the true purpose of business?
• Why are your customers really doing business with you?
• What’s the difference between customer service & customer experience?
• How, by understanding the six senses of service, (visual, auditory, olfactory, gustatory, somatosensory, and visceral/emotional) can you design & deliver a truly standout service experience that delights even your most demanding of customers, giving them a ‘reason to return’, and a ‘reason to refer?’
• Why does EVERY touchpoint matter?
• How do you make the all-important shift from ‘commodity and price,’ to ‘experience and value?’
• What does it take to ensure that ‘choice-rich, time-poor’ consumers, when faced with a multitude of options, choose to do business with you, and not your competition?
• Why, in today’s crowded ‘same stuff, same price’ marketplace, is ‘good’ customer service the enemy of ‘great’ customer service?
• What are the essentials in establishing mutually-rewarding business relationships?
• How and why are high-quality front-line relationships the key driver of high-quantity bottom-line results?

The answers to these questions, plus a whole lot more, are revealed at Design! Deliver! Delight! … and it’s on again:

Cost: $360.00 (inc.GST)

SPECIAL OFFER:
enter the HBG100 promotional code and receive a $100 per person savings.

Net price: $260.00 (inc.GST)

Design! Deliver! Delight! - Perth - Wed 6 May 2026 8:45 AM Wed 06 May at Pagoda Resort, Como, WA. Design! Deliver! Delight! … crafting a culture and mindset of service excellence that delights every customer ... every time!

Subdividing Property - Here’s What You Need to Know About the Margin Scheme

If you’re developing or subdividing…

- The margin scheme can make a huge difference to your GST position

But it’s also one of the most misunderstood areas we see.

WHAT IS THE MARGIN SCHEME?

Instead of paying GST on the full sale price…

- GST is calculated on the “margin”
(i.e. the difference between what you sell it for and your cost base)

🚨 SOUNDS SIMPLE… BUT IT’S NOT

Because:
- You can’t always use it
- And how you apply it really matters

⚠️ WHERE IT GOES WRONG

We see developers:

Assume they can use it (they can’t)
Apply it incorrectly
Or not realise how it impacts input tax credits and profitability
AND THIS IS THE BIG ONE

Once you subdivide:

- One property becomes multiple GST calculations
- And how you allocate your costs across lots becomes critical

Get that wrong…
- And you can create GST issues even if the overall project looks fine

This isn’t just a tax rule.

It’s a structuring and modelling decision

And it should be considered:
✔ Before you purchase
✔ During feasibility
✔ Before you start selling

FINAL THOUGHT

The margin scheme can save you a lot in GST…

- But only if it’s set up properly from the start