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Tax time in Australia can feel simple until you start pulling together receipts, work-from-home hours, vehicle trips, investment income, rental property expenses, side hustle income and capital gains. That is
Tax time is stressful for a lot of people. But if you’re a property investor, it can be even more so. Not only do you have to worry about your own tax return, but you also have to think about the investment property and how it will affect your taxes.
When operating as a sole trader in Australia, having an ABN (Australian Business Number) is essential for handling tax obligations. ABN tax calculation can seem complex, but with the right
Last updated: July 2026 following the introduction of Australia’s new $1,000 standard deduction. Working from home can come with valuable tax deductions if you know what you’re entitled to claim.
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
Managing property investments in Australia has evolved significantly, with a plethora of property portfolio apps designed to simplify every aspect of property management. Whether you’re a seasoned investor or just
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.
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.
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.
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
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
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
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
When you’re choosing tax software in Australia, the right platform can mean the difference between a smooth, stress-free return and a last-minute scramble. In 2025, TaxTank proudly takes the crown
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,
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
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
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
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
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 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
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.
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
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
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
Looking for the best accounting software for sole traders in Australia? Managing tax as a sole trader in Australia can feel simple at first. Track your income. Record your expenses.
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
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
Managing your investment property finances is no small task. Between tracking rental income, mortgage interest, depreciation, maintenance, and tax implications, it’s easy to lose clarity without the right property accounting
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
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