Tax | SmartCompany

‘Instant’ $1,000 tax deduction comes a step closer

David Adams — Mon, 20 Apr 2026 02:00:07 +0000

Workers will face an 'instant' tax deduction for work-related expenses of $1,000 if draft legislation revealed on Monday passes into law.

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Employee WFH tax deductions denied in Federal Court

David Adams — Mon, 13 Apr 2026 01:23:30 +0000

The ATO has successfully appealed a ruling that could have opened the door for employees across Australia to claim their home office rent expenses as income tax deductions.

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ATO launches fuel crisis payment plans for businesses falling behind

David Adams — Wed, 01 Apr 2026 04:25:30 +0000

The tax office has launched temporary repayment plans for businesses struggling with surging fuel costs, and will limit compliance actions in hard-hit industries.

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Payday super is 100 days away. Here’s what employers must know

David Adams — Mon, 23 Mar 2026 01:28:40 +0000

Perhaps you've been preparing since last year. Maybe this is the first time you've looked into the overhaul. In any case, here's what your business ought to know ahead of July 1, 2026.

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Chalmers flags potential tax shake-up in “ambitious” 2026 federal budget

Jacob Shteyman — Wed, 18 Mar 2026 18:38:03 +0000

Treasurer Jim Chalmers has flagged an “ambitious” 2026 budget, with tax changes targeting business, capital gains and negative gearing.

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“Scandalous” WA GST carve-up slammed as taxpayer cost surges

Jacob Shteyman — Thu, 12 Mar 2026 22:17:46 +0000

A controversial GST deal with Western Australia once forecast to cost $9 billion could now blow out to more than $60 billion.

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Small business investment, trust structures singled out in Spender tax proposal

David Adams — Thu, 12 Mar 2026 01:00:56 +0000

Teal MP Allegra Spender says capital gains tax reform, and a major overhaul to the way family trusts are taxed, would make the system fairer.

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Tax reform showdown: MP urges lower income taxes ahead of budget

Jacob Shteyman — Tue, 10 Mar 2026 22:06:39 +0000

Independent MP Allegra Spender is pushing for lower income taxes, warning that younger workers are carrying a growing share of the tax burden ahead of the federal budget.

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Greens clear path for Labor’s $3 million superannuation tax

Tegan Jones — Tue, 10 Mar 2026 00:27:05 +0000

The Greens will support Labor’s super tax on balances above $3 million, making way for broader tax reforms in the May federal budget.

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ATO details three-step checklist before seeking lodgment deferral

David Adams — Mon, 09 Mar 2026 23:33:00 +0000

As tax deadlines draw closer, the Australian Taxation Office is warning accountants and their clients when it will -- and will not -- consider deferral requests.

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