by admin | Mar 4, 2026 | Did You Know, News
The ATO has issued a Draft Taxation Determination TD 2026/D1 which looks at how inherited family homes are treated for CGT purposes. Some industry commentators have dubbed it a “death tax by stealth”, but it is a bit more complex than this. The draft guidance focuses...
by admin | Mar 4, 2026 | Did You Know, News
Running a successful business is hard work – and sometimes, despite best intentions, tax obligations slip. If the business is being operated through a company structure, then the ATO can potentially issue a Director Penalty Notice (DPN), holding company...
by admin | Feb 5, 2026 | Did You Know, News
When clients sell a long-held family home, they may be able to channel part of the proceeds into superannuation by using the downsizer contribution rules. Basic Eligibility Conditions To qualify, the seller must meet a number of conditions: They must have reached the...
by admin | Feb 5, 2026 | Did You Know, News
What the ATO’s New Guidance Means for You. For many Australians, a holiday home does double duty. It’s a place to escape with family and friends, and during the rest of the year it’s listed on Airbnb or Stayz to help cover the costs. Until recently, many owners...
by admin | Dec 2, 2025 | Did You Know, News
Running, or deciding to set up a self-managed super fund (SMSF) gives you control, but it also brings legal responsibilities. The Superannuation Industry (Supervision) Act 1993 (SISA) contains detailed rules on trustee duties, investments, borrowing, payments and...
by admin | Dec 2, 2025 | Did You Know, News
If you run a business, you already know the juggling act that comes with managing the payroll process – paying staff on time, managing cash flow, and staying compliant. From 1 July 2026, there’s a major change coming that will reshape how you handle...
