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Article Payday Super is coming for hospitality & gaming: Are your payroll and rostering systems ready for 1 July 2026? From 1 July 2026, ‘Payday Super’ is set to replace quarterly super with a payday-by-payday model, meaning super must be paid on payday and received by the fund within 7 business days, with a longer timeframe in specific ‘new fund’ or ‘new employee’ situations. The legislation was passed by both Houses on 4 November 2025, […] 16/02/2026
Article Australia signs the information exchange for GloBE Information Return (GIR)  On 28 January 2026, Australia reached an important milestone in its implementation of Pillar Two by becoming a signatory to the Multilateral Competent Authority Agreement (MCAA) on the exchange of GloBE Information Return (GIR). As a result, once a GIR is lodged in Australia, it does not need to be re-lodged in other signatory jurisdictions. […] 11/02/2026
Article Loss of main residence exemption in deceased estates & right to occupy The ATO have issued draft tax determination TD 2026/D1, providing their view on what it means for an individual to have the ‘right to occupy the dwelling’ under the deceased’s will. What the draft determination covers Draft taxation determination (TD 2026/D1) outlines the Australian Tax Office’s (ATO’s) view on the meaning of right to occupy […] 09/02/2026
Article ATO expands Reportable Tax Positions Schedule to large super funds and CIVs Through a published update, the Australian Taxation Office (ATO) has indicated they will expand the Reportable Tax Positions (RTP) Schedule obligations to include large super funds and Collective Investment Vehicles (CIVs). This will increase the compliance burden for large super funds and managed funds.     Impacted taxpayers   From the 2026 income tax year and onwards, it is anticipated that groups with the following super funds or managed funds […] 06/02/2026
Events Unlocking Development Potential Through Affordable Housing seminar Join us for an exclusive seminar designed for residential property developers who want to access development facilitation pathways, streamline approvals and unlock value by integrating affordable housing into their projects Developers can unlock stalled or underutilised residential projects by engaging with the government-led Development Facilitation Program (DFP), which offer expedited planning pathways or waive or vary mandatory […] 05/02/2026
Article Navigating Victoria’s 2026 land tax environment As 2026 begins, Victorian property owners need to know several important state tax updates. This includes the new short-stay accommodation levy, expanded vacant residential land tax (VRLT) rules, notification requirements for absentee (foreign) owners, and a heightened compliance focus from the State Revenue Office (SRO). With 2026 land tax assessments just around the corner, these […] 05/02/2026
Events Employment Taxes Update series 2026 At our annual Employment Taxes update, our experts delve into the ever-evolving world of employment taxes to help you stay ahead in this dynamic field.    Our Employment Taxes Update series is an exclusive event tailored for the Corporate, NFP and Government sectors. In each session, our experts will delve deeper into the ever-evolving world […] 02/02/2026
Events Tax Chat webinar series 2026 Explore the latest in the world of taxation in our Tax Chat webinar series. Join us for engaging sessions on the most recent tax rulings, cases and key developments shaping the tax landscape. Stay ahead in a rapidly evolving tax environment with Tax Chat, our complimentary six‑part webinar series designed for SMEs, advisers and private […] 28/01/2026
Article Developing trouble: ATO Alert on related party development management agreements The Australian Taxation Office (ATO) has issued Taxpayer Alert TA 2026/1, signalling increased scrutiny of common property development management agreement structures, which will substantially impact property developers. The Alert raises the ATO’s concerns about certain property development management agreements. These typical arrangements are used by taxpayers to segregate the development risks from the land-owning entity. […] 15/01/2026
Article Pillar Two ‘Side-by-Side’ arrangement released by OECD   On January 5, 2026, the OECD announced a new ‘Side-by-Side’ (SbS) agreement, crafted to address concerns raised by the United States about the global minimum tax rules. The deal introduces administrative guidance and extends safe harbour mechanisms, aiming to simplify compliance for multinational enterprises (MNEs).   While the United States (US) is the first to qualify, other countries may also […] 08/01/2026
Article QLD Foreign Tax Reforms: Merry Xmas for Queensland Developers The Queensland Government has announced sweeping changes to its foreign tax regime as part of the 2025–26 Mid-Year Fiscal and Economic Review (MYFER). These reforms aim to reduce barriers for Australian-based developers and encourage foreign investment into Queensland’s property sector. Queensland introduced the Additional Foreign Acquirer Duty (AFAD) in 2016 and the Foreign Land Tax […] 23/12/2025
Article Rental properties and holiday homes: ATO’s new draft ruling On 12 November 2025, the Australian Taxation Office (ATO) released Draft Taxation Ruling TR 2025/D1 which seeks to clarify the assessable income of a rental property, provide stricter deduction eligibility for holiday homes, and clear up expense apportionment rules.    The ruling, titled Income tax: rental property income and deductions for individuals who are not in business (‘the ruling’), along with two practical guidance guides, replaces the longstanding IT […] 19/12/2025
Article Unimproved land subject to Vacant Residential Land Tax from 1 January 2026 Effective 1 January 2026, Vacant Residential Land Tax (VRLT) will apply to unimproved land in metropolitan Melbourne that has remained undeveloped for five consecutive years or more (as of 31 December of the preceding year).   The Victorian Government has released Treasurer’s guidelines outlining limited circumstances where the Commissioner may exercise discretion to exempt landowners from VRLT if construction has not commenced due to acceptable reasons.  What is VRLT and how has it […] 16/12/2025
Article ATO Draft Determination TD 2025/D3: New guidance on when ancillary funds ‘provide a benefit’  On 12 November 2025, the ATO released draft Taxation Determination TD 2025/D3, offering the first detailed guidance on when ancillary funds are considered to ‘provide a benefit’.  The draft provides the first comprehensive guidance on when private and public ancillary funds ‘provide a benefit’ under the Taxation Administration (Private Ancillary Fund) Guidelines 2019 and the Taxation Administration (Public Ancillary Fund) Guidelines 2022 (collectively, the Guidelines).  […] 15/12/2025
Article ATO and income splitting – this time its personal The Australian Taxation Office (ATO) has issued Practical Compliance Guideline PCG 2025/5, a reminder that taxpayers are at risk of audit if personal services income is split to reduce tax.  The ATO has indicated that even if your business satisfies the statutory Personal Services Income (PSI) rules and operates as a Personal Services Business (PSB), your overall tax position may still be classified as either […] 12/12/2025
Article Watt a relief! Capital gains relief for foreign investors in energy sector The Federal Court of Australia has handed down its decision in YTL Power Investments Limited v Commissioner of Taxation [2025] FCA 1317, ruling in favour of YTL Power (the Taxpayer) and holding that the infrastructure assets did not constitute real property.  The Taxpayer was successful in arguing that the leased electricity infrastructure situated on owned and leased land did not constitute “real property situated in Australia (including a lease of land)” and accordingly the shares disposed were not “taxable […] 03/12/2025
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