The Federal Government’s recent tax reforms include an important change for self-managed superannuation funds (SMSFs) investing in property.
Two of the significant tax reforms announced in the May Federal Budget have now passed through Parliament, bringing changes to Capital Gains Tax (CGT) and Negative Gearing.
If you have a trust (discretionary/family or unit trust with special units), your annual trust distribution minutes must be prepared and signed before 30 June.
A Self-Managed Super Fund (SMSF) is a private superannuation fund that you run yourself for the purpose of building retirement savings. Unlike retail or industry funds, an SMSF gives its members direct control over investment decisions and fund management. For many, this flexibility is part of the appeal.
If you’re retired and drawing a pension from your super, now is a good time to review your fund before the end of the financial year.
The Treasurer described this as one of the most significant tax transformations in decades, and for many business owners and investors, it represents a substantial shift in how wealth, structures and investment strategies are taxed.
The ATO is intensifying its focus on fringe benefits tax (FBT), with increased reviews, data matching, and crackdowns on non-lodgers signalling that FBT can no longer be treated as a low-priority compliance area.
From 1 July 2026, Payday Super will fundamentally change how businesses manage cash flow.