The ATO is continuing its visa data-matching program, acquiring data from the Department of Home Affairs from the 2027 to the 2029 income years. Under this program, the data collected may include: - address and contact history for visa applicants, sponsors and migration agents; - histories of...
The ATO is reminding taxpayers that they may have superannuation money held by the ATO. This can include: - unclaimed super money received from super funds (for example, inactive low-balance accounts); - employer super guarantee amounts that could not be paid to a fund; and - certain government...
The Government has recently legislated several of the tax reform measures announced in the 2026 Federal Budget (and in later media releases). These include, among other things: - Replacing the CGT discount with cost base indexation and a 30% minimum tax on gains accruing from 1...
The Federal Government handed down the Federal Budget on 12 May 2026, with some of the biggest changes to the tax system in years. Some of the main proposed changes include: Delivering a new Working Australians Tax Offset ('WATO') to provide a permanent annual $250...
The Small Business Superannuation Clearing House ('SBSCH') will permanently close on 1 July 2026. Therefore, employers still using it have less than a month to transition to an alternative service provider, test their new arrangements and resolve any issues before Payday Super begins. The ATO recommends...
The ATO is warning the community to be wary of incorrect or misleading information this Tax Time, particularly claims promising greater refunds, shortcuts or hacks. The ATO is seeing a rise in tax-related content and ‘tips’ being shared — especially online — and is urging taxpayers...
The ATO has released updated guidance to clarify how it assesses rental property income and expenses, to reflect changes in the way investors rent out their properties. This is particularly important for clients whose rental property also doubles as a holiday home. If a rental property that...
Key BAS, tax & super deadlines — all in one simple guide A new year always brings good intentions — more balance, less stress, and feeling a little more in control. But when it comes to tax, BAS, super and payroll, it’s easy for deadlines to creep...
The Tax Practitioners Board ('TPB') warns that the number of 'finfluencers' is on the rise. These are influencers who offer financial advice, including tax advice, on various social media platforms such as Instagram and TikTok. Unfortunately, they do not always have the necessary qualifications to give...
The Administrative Review Tribunal ('ART') recently held that a taxpayer was entitled to claim deductions for home office and car expenses incurred during the COVID-19 pandemic. The taxpayer was employed full time by the ABC producing the ABC Sport Digital Radio station ('Digital Role') and producing...