Goods and Services Tax (GST) & Depreciation – Car Purchases 2026–27
June 18, 2026
For 2026–27, GST credits and depreciation on motor vehicles are limited by the ATO car limit rules.
GST creditsIf a vehicle is purchased above the car limit, the maximum GST credit is ...
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Luxury Car Tax Threshold Increase – 2026–27 (Australia)
June 10, 2026
From 1 July 2026, the Australian Government will increase the Luxury Car Tax (LCT) thresholds for the 2026–27 financial year.
The updated thresholds are:
$91,661 for fuel-efficient...
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Key Business Changes from 1 July 2026: What Australian Businesses Need to Know
June 10, 2026
As we move into the 2026–27 financial year, several important changes will affect Australian businesses. From wage increases and superannuation reforms to tax incentives and compliance re...
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ATO Cents Per Kilometre Rate Update – 2026–27 Income Year
June 9, 2026
The Australian Taxation Office (ATO) has released the Draft Income Tax Assessment (Cents per Kilometre Deduction Rate for Car Expenses) Determination 2026, confirming updated rates for work...
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ASIC Fee Updates FY2026–27 (From 1 July 2026): Full Breakdown for Companies & SMSFs
June 2, 2026
ASIC has confirmed updated statutory fees effective 1 July 2026, reflecting annual CPI indexation. These changes impact company registrations, annual reviews, name changes, and business nam...
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ATO Clarifies Rental Property Deductions and Holiday Home Rules
May 28, 2026
The Australian Taxation Office (ATO) has released new guidance clarifying the tax treatment of rental property income and deductions for individual property investors, particularly in relat...
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Changes to Electric Vehicle FBT Rules
May 21, 2026
The Federal Treasurer has announced significant changes to the Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs). The current full FBT exemption for eligible EVs will grad...
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Simplified Transfer Pricing Record Keeping: What PCG 2017/2 Means for Australian Businesses
May 12, 2026
Transfer pricing compliance is a key area of focus for the ATO, particularly for businesses with cross-border transactions. However, not every taxpayer is required to maintain extensive doc...
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Asset Protection and Wealth Succession Guide
May 8, 2026
Asset protection is not only for high-net-worth individuals or business owners. Anyone who owns property, investments, superannuation, or business interests should consider how their wealth...
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Updated ATO guidance on “employer” definition under TR 2013/1 – key court findings on employment status and tax treaty rules
April 29, 2026
The Australian Taxation Office has released a draft Addendum to TR 2013/1, updating how the term “employer” is interpreted for the short-term visit exemption under Australia’s tax tre...
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