A breakdown of the 2026 Federal Budget Announcements and their proposed changes still to be legislated.
Blog / Year: 2026
ATO Audit Areas of Focus 2025-26
Every year Australian Taxation Office (ATO) has key areas of focus that they target for auditing. In the 2025-2026 year the ATO has indicated some of their areas of focus which this article outlines.
The Super changes starting 1 July 2026 could trigger excess concessional contributions tax for some taxpayers
Payday super comes into effect 1 July 2026. Instead of employers being required to pay employees Superannuation Guarantee (SG) quarterly (every 3 months) they will now be required to make Super Guarantee contributions when the wages are paid.
Potential Changes to Capital Gains Tax and Negative Gearing
Capital Gains Tax (CGT) and negative gearing are often discussed, especially when housing affordability and tax reform are in the news. We should expect to hear more on this as part of the May 2026 Budget update.
Changes to AntiMoney Laundering Reporting in Australia
Australia’s antimoney laundering and counterterrorism financing (AML/CTF) framework is undergoing significant reform with changes to reporting obligations, and expansion of who must comply with AML/CTF reporting over the 2025-2026 period.
Long Service Leave for the Community Services Industry
As seen in Woopi News January 2026 Long service leave is additional leave workers may be entitled to after working for the same employer for a certain number of years. The Long Service Corporation (LSC) have been administering portable long service leave for the...