Sometimes the most valuable opportunities are also the quietest. For 2025–26, the concessional contribution cap is $30,000. For many Australians, this is one of the most significant financial planning opportunities available right now — and it’s hiding in plain sight. Why superannuation matters more than ever The 2026 Federal Budget proposed major changes to Family […]
The proposed changes to Family Protection Trust taxation have understandably caused concern. We want to help you understand what’s proposed, what remains uncertain, and — most importantly — what it means for you. What’s proposed From 1 July 2028, the Government proposes introducing a 30% minimum tax on Family Protection Trust distributions. If enacted, a […]
If you own investment property, shares or business assets, the proposed capital gains tax changes announced in the 2026 Federal Budget are worth understanding. Not to panic about. To plan around. What’s proposed From 1 July 2027, the Government proposes replacing the familiar 50% CGT discount with two new mechanisms: Cost base indexation (adjusting the […]
The proposed negative gearing changes in the 2026 Federal Budget are generating a lot of questions from property investors. Let’s cut through the noise. What’s actually proposed The Government proposes restricting negative gearing on established residential properties acquired after 12 May 2026. Three important exceptions apply: Existing properties already owned before the announcement remain eligible […]
The 2026 Federal Budget made a lot of noise. Capital gains tax reform. Negative gearing restrictions. New rules for Family Protection Trusts. But sometimes the most important signal is the one that doesn’t make the front page. Complying superannuation funds — including Self-Managed Super Funds — largely escaped the reform agenda. That’s worth paying attention […]
While much of the Budget conversation has focused on proposed changes to capital gains tax and Family Protection Trusts, a quieter story has been unfolding. Personal income tax rates are continuing to fall. The numbers For taxable income between $18,201 and $45,000, the current tax rate is 16%. From 1 July 2026, that rate drops […]
Each financial year, the ATO updates key rates and thresholds. They rarely make headlines. But they can make a real difference to your tax position if you know about them. Motor vehicle deductions The cents-per-kilometre rate increases to 88 cents per kilometre for 2025–26. For employees and business owners using personal vehicles for work-related travel, […]
For years, small business owners have navigated one of the more frustrating features of Australian tax planning: the instant asset write-off that kept disappearing. Each Budget brought another extension, another modification, another deadline. That uncertainty ends now. What’s been announced The Government has confirmed that the $20,000 instant asset write-off will be made permanent from […]
Profitable years and loss years rarely arrive on a tidy schedule. For companies navigating cyclical industries, heavy investment phases or unexpected disruptions, losses in one year after profitable prior years can feel deeply unfair from a tax perspective. The return of company loss carry-back acknowledges that reality. How it works From 2026–27, eligible companies will […]
Australia’s Research and Development Tax Incentive has long been one of the most powerful tools available for innovative businesses. The 2026 Federal Budget proposes strengthening it further — and broadening access to more businesses. What’s changing from 2028 The proposed reforms focus on directing support toward genuine core R&D activities while removing some categories of […]