2025

Reversionary pensions: What are they and how do they work

Reversionary pensions: What are they and how do they work When you finish working, there are lots of decisions to...

ATO draft ruling restricts deductions for short term rental properties

ATO draft ruling restricts deductions for short term rental properties Holiday rentals have been the subject of ATO scrutiny for...

Payday Super

Payday Super Payday Super, starting July 1, 2026, will require employers to pay superannuation contributions with every payroll instead of...

Division 296 Tax: Major changes announced

Treasurer Jim Chalmers announced a significant overhaul of the government’s proposed Division 296 tax, the measure designed to reduce superannuation...

HECS/HELP DEBT REDUCTION BILL INTRODUCED

On 23 July, the Labor government introduced legislation aimed at enacting its election promise to reduce student debt by 20%....

Superannuation caps for 2025/26 financial year

The ATO has now released the increased superannuation caps which will apply for the 2026 tax year. The more significant...

ATO INTEREST NO LONGER TAX DEDUCTABLE

From 1 July 2025, the General Interest Charge (GIC) and the Shortfall Interest Charge (SIC) will no longer be tax...

USEFUL WEBSITES

BMT Tax Depreciation Australian Taxation Office Revenue NSW Australian Securities and Investment Commission NSW Department of Fair Trading Institute of...

USEFUL FORMS AND PUBLICATIONS

Medicare Entitlement Statement/Application Guide to GST for small business/Director’s duties/Money Smart –managing your money/Land tax information...

DIVISION 293 FACT SHEET

Division 293 tax reduces the tax concession high income earners receive on their superannuation contributions. The Division 293 tax imposes...