News

What the New Div 296 Tax Means for Individuals with Large Super Balances

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.

... read more

What the New Div 296 Tax Means for Individuals with Large Super Balances
( Posted in: SMSF )

Fringe Benefits Tax (FBT) Updates and Risk Areas for Employers 2025-26

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.

... read more

Fringe Benefits Tax (FBT) Updates and Risk Areas for Employers 2025-26
( Posted in: Tax )

Aged care financial planning in Australia - avoiding 5 common mistakes

Aged care financial planning in Australia involves understanding fees, asset assessments and retirement strategies. Learn the common mistakes families make and how early planning can help manage aged care costs.

... read more

Aged care financial planning in Australia - avoiding 5 common mistakes

Economists warn Middle East war to hit households through oil price spike but say fallout could be short lived

Rising geopolitical tensions in the Middle East have pushed global oil prices higher. Here is what it could mean for petrol costs, inflation and Australian households.

... read more

Economists warn Middle East war to hit households through oil price spike but say fallout could be short lived

ATO Update on Inherited Homes: What it Means for Your Family's Wealth in Australia

The ATO’s draft determination TD 2026/D1 clarifies how CGT applies to inherited homes in Australia. Learn how the main residence exemption works and what estates must consider to avoid unintended tax exposure.

... read more

ATO Update on Inherited Homes: What it Means for Your Family's Wealth in Australia
( Posted in: Property )

Keeping Your Self-Managed Super Fund Compliant in Australia

SMSF trustees in Australia must comply with the sole purpose test and arm’s length rules. Understand related party risks, ATO expectations and potential tax consequences.

... read more

Keeping Your Self-Managed Super Fund Compliant in Australia
( Posted in: SMSF )

Home-Based Business CGT Rules Australia - ATO Active Asset Test & Main Residence Exemption Explained

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.

... read more

Home-Based Business CGT Rules Australia - ATO Active Asset Test & Main Residence Exemption Explained
( Posted in: Tax )

DPN Review: A Wake-Up Call for Business Owners on Personal Tax Risks in Australia

Director Penalty Notices allow the ATO to pursue directors personally for unpaid PAYG, GST and super. Understand the risks, deadlines and protective steps in Australia.

... read more

DPN Review: A Wake-Up Call for Business Owners on Personal Tax Risks in Australia
( Posted in: Community )