NSW Land Tax Updates: Changes to PPR Exemption and Trust Deed Surcharge Assessment

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Key Updates for Property Owners and Trustees in NSW Revenue NSW has issued important updates on land tax exemptions and surcharge assessments — with significant implications for homeowners and trustees ahead of the 2026 land tax year. 1. Reminder: Changes to the Principal Place of Residence (PPR) Exemption From the 2026 land tax year onwards, […]

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Consistent Tax Treatment for Foreign Bail-In Bonds

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The Income Tax Assessment (1997 Act) Amendment (Term Subordinated Note) Regulations 2025 introduces important changes to ensure consistent tax treatment for bail-in bonds issued by both Australian and foreign-regulated banks. These regulations align Australia’s tax approach with global standards by allowing financial instruments subject to non-viability conditions—whether issued by local or foreign institutions—to be treated

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NSW Introduces Ongoing Build-to-Rent Land Tax Concession Scheme

Leave a Comment / Land Tax, Tax /

The New South Wales Government has passed landmark legislation to strengthen housing investment and rental supply through new build-to-rent (BTR) tax concessions. The Land Tax (Build-to-Rent Concessions) Amendment Bill 2025 (NSW) amends the Land Tax Management Act 1956 (NSW) to create a new ongoing land tax concession scheme for eligible build-to-rent developments, while preserving existing

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Medical Expenses Denied as Personal Tax Deductions: What the Latest Tribunal Ruling Means

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A recent Administrative Review Tribunal (ARTA) decision has reaffirmed the long-standing principle that medical expenses are not tax-deductible under Australian tax law — even when they relate to health conditions that end a person’s employment. The case, Wannberg and Commissioner of Taxation (Taxation) [2025] ARTA 1561, offers a timely reminder for Sydney taxpayers and retirees

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Simplified Accounting Method 2025: ATO’s GST Relief for Small Sydney Retailers

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The Australian Taxation Office (ATO) has introduced a new way to simplify GST reporting for small supermarkets and convenience stores.The Simplified Accounting Method (SAM) Determination 2025, effective 9 September 2025, helps small Sydney retailers reduce compliance work while staying GST-compliant. This update ensures that small businesses can calculate GST with less paperwork — allowing more

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GST Law Updates 2025: What Sydney Businesses Need to Know About the New Treasury Amendments

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The Treasury has proposed key updates to Australia’s GST law under the Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025, introduced to Parliament in September.These changes are designed to simplify GST reporting, support inclusive services, and ensure tax credits are attributed correctly across reporting periods. Below, we break down the most important

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ATO Expands Guidance on Ordinary Time Earnings (OTE): What Sydney Employers Need to Know

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The Australian Taxation Office (ATO) has released updated and expanded guidance on what constitutes Ordinary Time Earnings (OTE) for superannuation guarantee (SG) purposes.This update provides employers with clearer examples and practical explanations to help ensure accurate super contributions and reduced compliance risks. For Sydney employers, payroll teams, and business owners, this is a timely reminder

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Emerging Economic Signals for Sydney Businesses: What to Watch in Late 2025

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While Australia’s overall growth remains modest, several economic and tax trends are quietly reshaping the business environment in Sydney.From productivity reform to digital compliance and workforce pressures, now is the time for business owners and financial leaders to stay proactive. Below, we highlight the five key shifts every Sydney business should watch — and how

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Super Tax Overhaul 2026: What the New $3 Million Rule Means for SMSF Trustees and High-Wealth Investors

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The Federal Treasurer, Jim Chalmers, has announced significant changes to the government’s proposed $3 million superannuation tax — a move that’s expected to ease concerns among investors, retirees, and tax experts.These adjustments aim to make the system fairer and more sustainable while giving trustees and high-balance super holders more certainty as they plan ahead for

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Navigating 2026 Tax Changes in Australia: How Sydney Investors and Business Owners Can Protect Their Wealth

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As 2026 approaches, Australian investors and business owners face a wave of tax changes in Australia that could significantly affect cash flow, investment returns, and business planning. With higher scrutiny from the ATO and the introduction of new reporting frameworks, understanding these upcoming changes is key to preserving wealth and staying compliant. Below, we outline

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