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 The draft guidance focuses on a specific aspect of the rules around applying the main residence exemption to inherited properties, potentially exposing deceased estates and beneficiaries to significant tax if not planned correctly.

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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 directors personally liable for unpaid taxes.

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Downsizer contribution rules allow eligible individuals to contribute sale proceeds from a family home into superannuation. Here's what you need to know.

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Recent draft guidance from the ATO signals a tougher stance on deductions for holiday homes used as both personal retreats and income sources.

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Electric vehicles now make up over 8% of new car sales in Australia. A key driver has been the Federal Government's Electric Car Discount, now under statutory review.

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AI tools like ChatGPT are increasingly used for quick tax answers, but relying on them can expose you to audits, penalties, and costly mistakes.

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Employers should start preparing for the permanent closure of the Small Business Superannuation Clearing House (SBSCH) on 1 July 2026.

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With the well earned December/January holiday season on the way, many employers will be planning to reward staff with a celebratory party or event.

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Employee super contributions for the quarter ending 31 December 2025 must be received by the relevant super funds by 28 January 2026.

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The ATO is warning the community to steer clear of an emerging tax scheme involving barter credits - a type of alternative currency used in some business networks.

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Running, or deciding to set up a self-managed super fund (SMSF) gives you control, but it also brings legal responsibilities.

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If you've invested in further study - an MBA, a leadership course, or a postgraduate qualification - you might be wondering: can this help at tax time?

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The ATO has hit a major milestone of over 300,000 tip-offs from the community about tax avoidance and other dishonest behaviours since 1 July 2019.

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The ATO has announced that it will take a somewhat different approach in relation to expenses that are claimed in relation to holiday homes.

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From 1 July 2026, there's a major change coming that will reshape how you handle superannuation contributions for staff - it's called Payday Super.

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