New ‘Better Targeted Super Concessions’ policy announced
Treasurer Jim Chalmers has announced some changes to the proposed contentious Div. 296 tax. While it is important to note these changes have only just…
New ‘Better Targeted Super Concessions’ policy announced
Treasurer Jim Chalmers has announced some changes to the proposed contentious Div. 296 tax. While it is important to note these changes have only just been announced and we are still waiting on draft legislation, they appear to address many…
The Honeymoon’s Over: ATO Says No to GIC Remission
What has changed? From 1 July 2025, the ATO has introduced key changes to General Interest Charges (GIC) and Shortfall Interest Charges (SIC). These changes impact both the ability to deduct interest and the process for seeking remission. Remission of…
Understanding CGT Event D1
Did you know? Your home can be taxable even if you don’t rent it out! Even if you bought your home Pre Capital-Gains Tax [CGT] (1985)! Understanding CGT Event D1 When it comes to capital gains tax (CGT), there are…