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Payday Super is coming for hospitality & gaming: Are your payroll and rostering systems ready for 1 July 2026?

16/02/2026

From 1 July 2026, ‘Payday Super’ is set to replace quarterly super with a payday-by-payday model, meaning super must be paid on payday and received by the fund within 7 business days, with a longer timeframe in specific ‘new fund’ or ‘new employee’ situations. The legislation was passed by both Houses on 4 November 2025, […]

ATO expands Reportable Tax Positions Schedule to large super funds and CIVs

06/02/2026

Through a published update, the Australian Taxation Office (ATO) has indicated they will expand the Reportable Tax Positions (RTP) Schedule obligations to include large super funds and Collective Investment Vehicles (CIVs). This will increase the compliance burden for large super funds and managed funds.     Impacted taxpayers   From the 2026 income tax year and onwards, it is anticipated that groups with the following super funds or managed funds […]

Navigating Victoria’s 2026 land tax environment

05/02/2026

As 2026 begins, Victorian property owners need to know several important state tax updates. This includes the new short-stay accommodation levy, expanded vacant residential land tax (VRLT) rules, notification requirements for absentee (foreign) owners, and a heightened compliance focus from the State Revenue Office (SRO). With 2026 land tax assessments just around the corner, these […]

Employment Taxes Update series 2026

02/02/2026

At our annual Employment Taxes update, our experts delve into the ever-evolving world of employment taxes to help you stay ahead in this dynamic field.    Our Employment Taxes Update series is an exclusive event tailored for the Corporate, NFP and Government sectors. In each session, our experts will delve deeper into the ever-evolving world […]

Tax Chat webinar series 2026

28/01/2026

Explore the latest in the world of taxation in our Tax Chat webinar series. Join us for engaging sessions on the most recent tax rulings, cases and key developments shaping the tax landscape. Stay ahead in a rapidly evolving tax environment with Tax Chat, our complimentary six‑part webinar series designed for SMEs, advisers and private […]

Developing trouble: ATO Alert on related party development management agreements

15/01/2026

The Australian Taxation Office (ATO) has issued Taxpayer Alert TA 2026/1, signalling increased scrutiny of common property development management agreement structures, which will substantially impact property developers. The Alert raises the ATO’s concerns about certain property development management agreements. These typical arrangements are used by taxpayers to segregate the development risks from the land-owning entity. […]

Rental properties and holiday homes: ATO’s new draft ruling

19/12/2025

On 12 November 2025, the Australian Taxation Office (ATO) released Draft Taxation Ruling TR 2025/D1 which seeks to clarify the assessable income of a rental property, provide stricter deduction eligibility for holiday homes, and clear up expense apportionment rules.    The ruling, titled Income tax: rental property income and deductions for individuals who are not in business (‘the ruling’), along with two practical guidance guides, replaces the longstanding IT […]

ATO Draft Determination TD 2025/D3: New guidance on when ancillary funds ‘provide a benefit’ 

15/12/2025

On 12 November 2025, the ATO released draft Taxation Determination TD 2025/D3, offering the first detailed guidance on when ancillary funds are considered to ‘provide a benefit’.  The draft provides the first comprehensive guidance on when private and public ancillary funds ‘provide a benefit’ under the Taxation Administration (Private Ancillary Fund) Guidelines 2019 and the Taxation Administration (Public Ancillary Fund) Guidelines 2022 (collectively, the Guidelines).  […]

ATO and income splitting – this time its personal

12/12/2025

The Australian Taxation Office (ATO) has issued Practical Compliance Guideline PCG 2025/5, a reminder that taxpayers are at risk of audit if personal services income is split to reduce tax.  The ATO has indicated that even if your business satisfies the statutory Personal Services Income (PSI) rules and operates as a Personal Services Business (PSB), your overall tax position may still be classified as either […]

Watt a relief! Capital gains relief for foreign investors in energy sector

03/12/2025

The Federal Court of Australia has handed down its decision in YTL Power Investments Limited v Commissioner of Taxation [2025] FCA 1317, ruling in favour of YTL Power (the Taxpayer) and holding that the infrastructure assets did not constitute real property.  The Taxpayer was successful in arguing that the leased electricity infrastructure situated on owned and leased land did not constitute “real property situated in Australia (including a lease of land)” and accordingly the shares disposed were not “taxable […]