Tax Insights

The Coalition's plan would automatically halve fuel excise when Brent crude averages US$100 a barrel over two weeks. Here is how the trigger, the switch-off and the trucking changes would work, and what the Coalition says it would cost. Fuel prices are back on …

The record-keeping shortcut that let workers claim up to $300 without receipts ended on 1 July 2026. Under the new $1,000 standard deduction, claiming more than the standard amount means proving every dollar. Millions of Australians are finishing their 2025–26 tax returns ahead of …

The $150 laundry limit ended on 1 July 2026. Under the new $1,000 standard deduction, a uniform-washing claim on its own may add nothing to your total, and claiming above $1,000 now means written evidence for everything. Washing a work uniform has long been …

From 2026–27, devices used mainly to earn salary or wages can't be added to a low-value pool. The deduction survives, but it now eats into the new $1,000 standard deduction, which changes the maths for many workers. A new laptop, phone or monitor bought …

TPAR data comes from businesses in specified industries that pay contractors, and shows how much they paid to each contractor over the financial year. The ATO says about $21 billion of these payments will now flow into the returns of around 700,000 sole traders …

A draft Treasury determination would let property owners split a capital gain across the July 2027 changeover without a valuation, by assuming smooth growth. Here is how the formula works, with Treasury's numbers and a worked rental example. Property investors facing the 1 July …

Under Treasury's draft rules, a dwelling's 'new' status for negative gearing is tested owner by owner and lapses 24 months after its first occupancy certificate. That could affect who buys it next. Investors buying newly built apartments and houses to keep negative gearing are …