What We Know About the CGT, Negative Gearing and Trust Tax Changes
by Luke Quinnell The Federal Government has announced significant tax reforms affecting capital gains tax (CGT), negative gearing, and discretionary trusts minimum tax of 30%. While some measures have now been legislated, others remain in draft form and are still subject to consultation and parliamentary approval. As a result, it is important to distinguish between […]
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Payday Super is Now Live for All Employers!
by Luke Quinnell Employers must now pay Superannuation contributions for employees on the same frequency as their wage payments. You should be prepared for the increased frequency of superannuation payments. Each fund must receive the contribution within 7 days of each payday. If you are not prepared for this change, please contact your accountant immediately […]
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Payday Super Commences Soon, Ensure Your Business Is Ready!
by Luke Quinnell Payday Super will commence on 1 July 2026. This is one of the most significant changes to payroll compliance in many years. If you pay employees, you must ensure your business is fully prepared well before the deadline. Payday Super Requirements For Employers These new laws require all employers to pay Superannuation […]
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Understanding the 6-Year Rule for the Main Residence Exemption from Capital Gains Tax
by Nick Allen For Australian tax residents, any gain on the disposal of your main residence is protected from capital gains tax. Simply put, the profit you make on the sale of your home is generally tax free. It is important to note that you can only have one main residence at a time, and […]
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Update On The Proposed Changes To The Tax On Super Balances Over $3million
by Luke Quinnell There has been a significant announcement today (13th October 2025) from the government regarding the proposed superannuation tax reforms on balances over $3million. The two most controversial aspects, being the taxing of unrealised gains and no indexation of the $3million threshold will both be removed. The original intent remains (i.e. to tax super […]
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