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Division 296 tax has passed parliament and what it means for large super balances

19/03/2026

Division 296 has now become law, introducing an additional tax on superannuation earnings for individuals with very large super balances from 1 July 2026, with first assessments expected after 30 June 2027. The long-awaited Division 296 tax has now passed both houses of Parliament and received Royal assent, becoming law under the Treasury Laws Amendment […]

Superannuation contribution caps to increase from 1 July 2026

18/03/2026

From 1 July 2026, several key superannuation thresholds will increase due to indexation. These changes create additional opportunities for eligible individuals to make larger contributions to super in a tax-effective environment, particularly where non-concessional and bring-forward strategies are being considered. We summarise the main changes below and explain what they may mean for you. Contribution […]

Payday Super Regulations released: What employers need to know and why early action matters

04/03/2026

The Australian Government has released the Treasury Laws Amendment (Payday Superannuation) Regulations 2026, with two important changes for employers. Coming into effect from 1 July 2026, there will be an administrative uplift that rewards early action, and a much more limited power for the Commissioner to extend deadlines. The Treasury Laws Amendment (Payday Superannuation) Regulations […]

Full Federal Court denies deductions for transactions between related parties

03/03/2026

The Full Federal Court has ruled in favour of the Australian Taxation Office (ATO), disallowing deductions for transactions between related parties which were not documented adequately. In Commissioner of Taxation v S.N.A Group Pty Ltd [2026] FCAFC 10 a group of entities collectively referred to as the S.N.A Group carried on real estate businesses. The […]

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, […]

Australia signs the information exchange for GloBE Information Return (GIR) 

11/02/2026

On 28 January 2026, Australia reached an important milestone in its implementation of Pillar Two by becoming a signatory to the Multilateral Competent Authority Agreement (MCAA) on the exchange of GloBE Information Return (GIR). As a result, once a GIR is lodged in Australia, it does not need to be re-lodged in other signatory jurisdictions. […]

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 […]