Tax News and Updates
Stay updated with the latest tax news, expert tips, and tricks to maximise your returns. Explore our blog for insights on tax strategies, property investment, and more.
Negative Gearing Rules Are Changing: The Real Story Is Where Your Loss Goes to Live
Part 3 of the 2026 Tax Reform Series: Australia’s negative gearing rules have changed, but the biggest impact isn’t just whether you can claim a rental loss. It’s where that loss goes next. Learn how grandfathering, quarantined losses and the new rules affect property investors and future capital gains.
CGT Changes: The Nitty Gritty (Where It Gets Controversial)
Part 2 of the 2026 Tax Reform Series: The new CGT rules are far more complex than the headlines suggest. From indexation and transition methods to pre-1985 assets and the new 30% minimum tax, this guide explains how the rules actually work and what investors need to understand before selling an asset.
Capital Gains Tax Changes in Australia (2026): A Plain-English Guide for Investors
Part 1 of the 2026 Tax Reform Series: Australia’s Capital Gains Tax changes are the biggest overhaul in more than 25 years. Whether you own property, shares, ETFs or crypto, these new rules could affect how much tax you pay when you sell. Here’s a plain-English guide to what changed and why it matters.
Tax Changes Australia 2026: What’s Changed from 1 July?
Every new financial year brings updates to Australia’s tax system, and from 1 July 2026, several important tax changes have come into effect. While some changes are relatively small, others
Best Tax Software Australia (2026): Compare the Top Tax Apps, Accounting Software & AI Tax Tools
If you’ve searched for the best tax software in Australia recently, you’ve probably realised one thing. There are a lot of options. Xero. MYOB. QuickBooks. Hnry. Thriday. Etax. One Click
AI Tax Agents and AI Tax Returns: Should You Trust AI With Your Tax?
As artificial intelligence (AI) becomes more mainstream, Australians are increasingly searching for terms like “AI tax agent”, “AI tax return” and “AI tax software”. The promise sounds appealing. Upload a
Is Your Accountant Helping You Understand Tax Position?
Or Just Helping You Lodge It? Let’s start with the question almost every taxpayer has at tax time: “Am I claiming everything I’m entitled to?” It’s the big one. Property
Why Tax Planning Still Matters in a World of MyTax and Pre-Fill Data
And why the ATO doesn’t really want you thinking about tax and just clicking next instead. Tax planning isn’t about knowing every section of the Income Tax Assessment Act. It’s
Negative Gearing Changes Explained: What This Means for Property Investors
Editor’s Note (July 2026): This article has been updated following the passage of the Federal Government’s negative gearing and capital gains tax legislation through Parliament. The reforms will apply from
Holiday Homes Tax Changes Explained For Property Owners
The ATO’s updated holiday homes tax changes have introduced a new approach to claiming holiday home tax deductions. For many property owners, the question is no longer simply how many
Can ChatGPT Do My Tax Return?
As artificial intelligence becomes more popular, many Australians are asking the same question: Can ChatGPT do my tax return? It’s easy to see why. ChatGPT can answer questions, write emails,
ATO Data Matching Australia: What the ATO Already Knows About You
There is a version of tax management that has worked, more or less, for decades. Spend the year largely ignoring the detail. Collect what you can find in late June.
Budget Watch, What’s Coming and Why It Matters
The 2026 Federal Budget lands on 12 May and with it comes a range of Federal Budget expected tax changes that could directly impact how Australians manage their money, investments
The $1000 standard tax deduction that sounds generous… until you read what had to be removed to make it work
The Government announced it with a straight face, so you have to respect the commitment. A $1000 standard tax deduction for work-related expenses. No receipts. No shoebox. No pretending that
Best Xero Alternatives for Sole Traders in Australia (2026)
Looking for the best Xero alternatives for sole traders in Australia? You’re not alone. Xero is one of the most popular accounting platforms in Australia, but many sole traders eventually
Why Property Investors Need Real-Time Tax Visibility, Not Year-End Reports
For many property investors, tax has traditionally been something that happens after the fact and with no real-time tax visibility. On the surface, that can feel organised. The problem is
Do You Really Need Xero?
Why sole traders and simple companies are often paying for more software than they need If you’re a sole trader or running a simple Pty Ltd company, chances are someone
Best Property Tax Software in Australia for Property Investors
If you’re a property investor in Australia, chances are you’ve outgrown spreadsheets. What starts as a simple way to track rental income and expenses can quickly become difficult to manage
Sole Tank Updates: Better Tax Software for Sole Traders
Sole Tank was built to help sole traders manage their income, expenses, and tax position throughout the year, all mapped directly to the individual tax return. As trusted tax software
Why You Don’t Need an Accounting App and a Budgeting Tool to Keep Things Separate
For years, the standard advice has been simple. Use a self employed accounting software for business. Use a budgeting tool for personal finances. Keep everything separate. That thinking is so
Confused About Capital Gains Tax in Australia? Here’s What You Need to Know
If you’ve opened a news app lately, you’d be forgiven for thinking Capital Gains Tax (CGT) is either: Depending on which headline you read before coffee. No wonder people are
Why Tracking LVR and Equity Matters for Property Owners in 2026
The moment most property owners miss (And why tracking LVR and equity as goals matters in 2026) For most property owners, the biggest opportunities don’t announce themselves. They arrive quietly.
One login. Multiple lives. No more workarounds.
Most people don’t have a single financial identity. There’s the personal you.There’s you as a sole trader.There’s you with properties, but in a trust, SMSF or company.And sometimes there’s you,
TaxTank – The Best Budget Planner in Australia
Managing your finances effectively is essential for achieving long-term financial stability. TaxTank is emerging as the premier budget planner in Australia, offering a comprehensive solution for individuals, families, and sole
Best App for Budgeting in Australia in 2026
Looking for the best app for budgeting in Australia? Whether you want to track your spending, stay on top of bills, save towards goals, or understand exactly where your money
Budgeting Tips: How to Build a Budget That Actually Works
When it comes to budgeting tips, most people know they should have a plan, but few actually stick with it. Budgets can feel like boring spreadsheets, strict rules, or something
TaxTank: The Best App for Personal Money Management in Australia
Managing personal money management in Australia has never been more important. With rising living costs, shifting tax rules and increasingly complex financial lives, Australians need a tool that provides clarity,
When “Tax Just Happens”, It Probably Won’t Happen in Your Favour
The ATO’s 2030 vision is slick: a frictionless digital future where “tax just happens.” Lovely, except it rarely just happens in your favour. Australia is quietly aligning with global tax-tech
Banks vs Brokers: Who’s Really Winning the $400 Billion Tug-of-War?
Mortgage brokers have quietly seized control of Australia’s lending landscape. They now handle 76.8% of all new home loans, a record-breaking $400+ billion in annual settlements. The big banks? They’re
TaxTank – The Best Personal Accounting Software in Australia
Managing your personal finances has never been more important. Whether you’re a sole trader, property investor, crypto trader, or simply an employee looking to stay on top of your tax