News

Travel Records Under the Microscope
If you spend time outside Australia for work, family or personal reasons, your travel history could play an important role in your Australian tax affairs.

“Window Tax” Fixed
Recent amendments to Australia’s negative gearing reforms have addressed an unintended issue that became known as the “widow tax”. The changes also clarify how the

October 2026 Essential Tax Summary
What did I miss? Exposure draft legislation for the 30% minimum tax on trusts and other Budget reforms for innovation and investment. This month, Treasury

October 2026 Tax Due Dates
Key Tax Due Dates 21 October 2026 The following lodgment and payment obligations are due on 21 October: 28 October 2026 The following obligations are

September 2026 Tax Due Dates
Key Tax Due Dates 21 September Activity statements 30 September PAYG withholding TFN withholding We recommend reviewing these upcoming obligations early to ensure all required

New Reasonable Travel and Overtime Meal Rates
The ATO has released its updated reasonable travel and overtime meal allowance rates for the 2026–27 income year in Taxation Determination TD 2026/4. The overtime

September 2026 Essential Tax Summary
What Did I Miss? Budget tax changes and new draft crypto guidance The major development this month is the passage of a Bill through Parliament

Discretionary Trusts and the Proposed 30% Minimum Tax
Discretionary trusts, often referred to as family trusts, have been a popular structure for Australian families and businesses for many years. They are commonly used

High Court Brings Greater Clarity on Trust Distributions
The High Court has recently handed down an important decision that may affect many private business groups using discretionary trusts and corporate beneficiaries. In Commissioner

Changes to Self-Managed Super Fund (SMSF) Borrowing Rules
To ensure the passage of the negative gearing and CGT discount changes announced in the May 2026 Federal Budget, the Government agreed to make amendments

August 2026 Essential Tax Summary
What Did I Miss? Consultation on the proposed 30% minimum tax for trusts, further changes to the CGT and negative gearing rules, and a Federal

August 2026 Tax Due Dates
Key Tax Due Dates 11 August Activity statements 14 August PAYG withholding Employee Share Scheme (ESS) annual report 21 August Activity statements GST 28 August
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