Plain-English guides on Australian tax, property, and investing. Every claim fact-checked against ATO primary sources.
If you have sold an investment property or shares and paid less capital gains tax than you expected, the 50% CGT discount was likely a significant factor. It is...
Read articleStamp duty is often the largest upfront cost of buying a home after the deposit itself. Every Australian state and territory offers some form of relief for firs...
Read articleThe negative gearing changes are now law. The Treasury Laws Amendment (Tax Reform No. 1) Act 2026 received royal assent on 26 June 2026 and commences 1 July 202...
Read articleBillions of dollars sit unclaimed across Australia in forgotten bank accounts, lost superannuation, matured insurance policies, share dividends and old bonds. M...
Read articleAustralians have over $16 billion in lost and unclaimed super sitting in forgotten accounts. It happens easily: a few casual jobs early on, a name change that n...
Read articleCapital gains tax is not a separate tax. A net capital gain is added to assessable income and taxed at the person's marginal rate. A CGT event happens when a CG...
Read articleEvery Australian resident who earns income above the tax-free threshold, or who has tax withheld during the year, generally needs to lodge a tax return with the...
Read articleA small business in Australia carries obligations that extend beyond the income tax return: GST registration and reporting, super contributions for employees, a...
Read articleTwo big changes hit student loans in 2025, and both flow through to your 2026 tax position. First, the government applied a one-off 20% cut to every HELP and st...
Read articleFrom 1 July 2026 a new tax called Division 296 applies to some superannuation earnings. It reduces the tax concession on very large super balances by adding tax...
Read articleIncome tax in Australia is worked out in steps, not as a single rate on your whole income. This guide sets out the resident tax brackets for the 2026 to 2027 fi...
Read articleIf you work from home, you can usually claim a deduction for the extra running costs that come with it, such as electricity, internet and phone. There are two m...
Read articleIf you use your own car for work, you can usually claim a deduction for the work related running costs. The Australian Taxation Office sets two methods for cars...
Read articleThe Medicare Levy Surcharge is an extra tax that applies to higher income earners who do not hold an appropriate level of private hospital cover. It is separate...
Read articleA side hustle can be driving for a rideshare app, renting out a room, delivering food, freelancing, or selling online. Whatever the source, money you earn throu...
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