IN THIS ISSUE
WHAT’S NEW
  • Income tax thresholds/amounts
  • GPD adjustment for 2025-26
  • Instant asset write-off
  • Medicare levy surcharge and private health insurance
  • HELP and other student debts
  • Superannuation ETP thresholds
  • Pensions and annuities – minimum drawdown amounts
TAX TIME
  • Lodging a tax return
  • Non-commercial loss rules
  • Personal services income
  • Car expenses
  • Home office
FROM THE ATO 
  • Appointing rental interest expenses
  • Remember tax if leaving a professional service partnership
  • Private rulings
  • Operation Protego convictions

DO YOU HAVE A SMSF?

KEY TAX DATES