The Australian Taxation Office has finalised new guidance on the tax treatment of rental properties, with particular attention being given to holiday homes that are also rented out. The new guidance follows draft material released late last year and is particularly relevant to owners of coastal, country, ski-area or short-stay accommodation properties that are used […]
With the introduction of Payday Super from 1 July 2026, employers face stricter deadlines for paying employee superannuation. Under the new rules, Super Guarantee (SG) contributions must generally be received by an employee’s nominated super fund within seven business days of each payday. While the new system is designed to improve the timeliness of super […]
A major change to Australia’s superannuation system has officially arrived. From 1 July 2026, employers are now required to pay superannuation contributions at the same time they pay employees’ wages. Known as Payday Super, the reform is designed to ensure employees receive their super contributions more regularly, improving transparency and helping Australians grow their retirement […]
Whether you’re working a second job, juggling multiple part-time roles, driving for a rideshare service, or earning extra income through a side hustle, having multiple income streams has become increasingly common. While earning more income is a positive step, it’s important to understand how Australia’s tax system works. Without the right planning, many people are […]
Social media is full of tax tips, refund hacks and advice that promises to help you maximise your tax return. While some information may be accurate, much of it is misleading—or simply doesn’t apply to your individual circumstances. This tax time, the Australian Taxation Office (ATO) has made it clear that incorrect claims remain a […]
With the new financial year underway, it’s understandable that many Australians want to lodge their tax return as soon as possible. Whether you’re hoping to receive a refund quickly or simply want to tick another task off your to-do list, lodging on 1 July isn’t always the best strategy. In fact, waiting a few weeks […]