Tax Archive
PropertyTax
Treasurer Jim Chalmers handed down the 2026-27 Federal Budget on 12 May 2026. From income tax cuts and a new $1,000 work-related expense deduction, to significant changes for property investors and family trusts — here is what it means for you.
Tax
The ATO has launched a new Verify Call feature in its app, allowing Australians to instantly confirm whether a phone call is genuinely from the ATO.
Small BusinessTax
The SEPL case highlights how FBT applies to family business perks. Learn how trust structures, documentation and benefit classification affect tax risk.
Tax
The ATO is increasing scrutiny on FBT for work vehicles. Understand exemptions, record-keeping requirements, and how to avoid costly compliance mistakes.
SuperannuationTax
Division 296 tax will impact Australians with large super balances from 1 July 2026. This guide explains how it works, key thresholds and what to consider early.
Small BusinessTax
The Fringe Benefits Tax year ends on 31 March. Learn the key FBT risk areas for Australian employers including electric vehicle exemptions, contractor classification and vehicle benefit compliance.
Small BusinessTax
The ATO has clarified that limited home-based business use does not automatically qualify a property for small business CGT concessions. Understanding how the active asset test interacts with the main residence exemption is critical when selling your home in Australia.
Tax
MBA and postgraduate study costs can be tax-deductible, but only when strict ATO criteria are met. This article explains how deductibility works, what evidence you need, and when self-education claims are allowed.
Tax
A recent tribunal decision confirms that most medical treatments are private expenses and not deductible, even for disability pension recipients. Learn the nexus test, common pitfalls, and planning tips before you claim.
Tax
Electric vehicle FBT exemptions explained for 2025. Eligibility, PHEV changes from 1 April, reportable benefits & employer compliance requirements.
Small BusinessTax
Leaving ATO debts unpaid is now more costly, as general and shortfall interest charges are no longer deductible from 1 July 2025. This article explains what’s changed, who’s affected, and how refinancing could reduce the impact.
Tax
The Productivity Commission has released its interim report on creating a more dynamic and resilient economy. Draft recommendations include corporate tax reform and reducing red tape to encourage investment and growth.
