Tax and business news

The 2026–27 tax cut is real but capped at $268. Here is what it actually does to your refund — and what it does not.

Since 1 July 2026, super has been part of every pay run, not a quarterly job. Two months in, here is what small employers are getting wrong — and how to fix it before it costs you.

Separating real 2026–27 deduction rules from social-media tax tips — car claims, working from home, and the new $1,000 standard deduction.

Company loss carry-back has been enacted. The provisions commence on 1 October 2026 and apply to eligible loss years starting on or after 1 July 2026.

Beyond the headline tax reforms, the Budget included narrower measures — and some widely discussed taxes did not broadly change at all.

The 50% CGT discount is being replaced for many post-1 July 2027 gains by cost-base indexation and a 30% minimum tax. We explain the enacted framework, transitional treatment and details still being finalised.

Small businesses may soon be able to calculate PAYG instalments monthly using current accounting data. That could make payments more responsive, but it will also reward tidy books.

Australia’s negative gearing rules are changing, but negative gearing has not been abolished. Here is the friendly-accountant version of what is protected, what changes from 1 July 2027 and what property investors should do now.

The Government proposes to let eligible young companies turn early tax losses into cash refunds. The idea is promising, but the employee-tax cap will make workforce structure very important.

The Government proposes a 30% minimum tax for many discretionary trusts from 1 July 2028. Draft legislation is out but it is not yet law. Here is what it could mean for family trusts, bucket companies and small businesses.