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11 articles
From 1 July 2026, a new tax applies to superannuation earnings on balances above $3 million. The final version drops the plan to tax unrealised gains. Here is who Division 296 actually affects, how it works, and why most people will never pay it.
The instant asset write-off lets eligible small businesses deduct the full cost of a qualifying asset in one year, not over several. The catch for 2025-26 is timing: it must be installed and ready for use by 30 June 2026, and the threshold can change.
Tax is the biggest single deduction from most Australians' income, and the rules are more learnable than they look. This guide maps the brackets, the thresholds, what you can claim, and how to lodge, each section links to a full breakdown.
Negative gearing changes resurface every few years, and 2026 is no different. Here is what reform might actually look like, from grandfathering to limiting deductions to new builds or trimming the CGT discount, who it would touch, and why existing investors are usually shielded.
Salary sacrificing super means redirecting part of your pre-tax pay into your fund, where it is generally taxed at 15 percent. Here is how it works, the annual cap to watch, and who it tends to suit.
A chattel mortgage is a popular way for Australian businesses to finance a car or equipment. You own the asset, the lender takes security, and there may be useful GST and tax treatment for ABN holders.
The Medicare levy is 2% of taxable income for most Australians. A separate surcharge hits higher earners without private hospital cover. Here is how both work.
Doing your tax return in Australia comes down to lodging by 31 October, gathering your income and deductions, and choosing between myTax or a registered agent. Here is the simple version.
Capital gains tax in Australia is not a separate tax. The gain on a property you sell is added to your taxable income and taxed at your marginal rate. Here is how the cost base, the 50% discount, and the main residence exemption fit together.
Negative gearing is when the costs of owning an investment property outrun the rent, producing a loss you can generally deduct against your other taxable income. Here is how it works, how it differs from positive gearing, why it leans on capital growth, how the CGT discount fits in, and the political risk.
The $20,000 instant asset write-off sunsets on 30 June. With no legislation to make it permanent, small-business operators have ten weeks to decide on capex they would otherwise plan over years.