Tax

Tax

Advisers warned on tax traps with family trust beneficiaries: CGW

Law firm Cooper Grace Ward has highlighted the potential pitfalls that can arise when defining beneficiaries within a...

01 April 2025 • By Imogen Wilson

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Tax

Peter Dutton pledges to halve fuel excise

Opposition leader Peter Dutton has pledged to halve the fuel excise on petrol and diesel and repeal Labor’s income tax...

28 March 2025 • By Emma Partis

Tax

Labor passes income tax cuts with support from the Greens

Parliament has passed Labor’s bill to decrease the lowest income tax rate from 16 per cent to 14 per cent from July...

28 March 2025 • By Emma Partis

Tax

Howarth reaffirms Coalition support for instant asset write-off measure

The shadow minister has promised to deliver a permanent instant asset write-off threshold at $30,000 if elected,...

28 March 2025 • By Miranda Brownlee

Tax

Controversial changes to GIC deductions pass parliament

Amendments to deny deductions for GIC and SIC have now passed both houses.

27 March 2025 • By Miranda Brownlee

Tax

Budget confirms Division 296 tax still on the table

The Federal Budget has confirmed the government will push ahead with its Division 296 tax for superannuation balances...

27 March 2025 • By Keith Ford

Tax

ATO expected to use section 100A as ‘alternative weapon’ after Bendel

The recent Bendel decision is likely to have implications for how the ATO administers section 100A in relation to...

27 March 2025 • By Miranda Brownlee

Tax

Government announces new tax cuts in Federal Budget

The government will deliver further tax cuts in 2026 and 2027 in addition to the previous round of cuts introduced in...

25 March 2025 • By Miranda Brownlee