by Financially Sorted | Sep 22, 2026 | Federal Budget, Trusts
From 1 July 2028, the Government is introducing a 30% minimum tax on discretionary trust income. Under the changes, the trustee will be responsible for paying the minimum tax. Beneficiaries will continue to declare their trust income in their tax returns, with...
by Financially Sorted | Sep 15, 2026 | Federal Budget, Property, Property Investment
Recent changes to negative gearing and capital gains tax have raised questions about how the family home will be treated under the new rules. While the principal place of residence exemption remains unchanged, there are some important considerations if you later...
by Financially Sorted | Sep 1, 2026 | Federal Budget, Property Investment
The rules around borrowing to purchase residential property through a self-managed super fund (SMSF) changed on 10 August 2026. From this date, SMSFs can generally no longer enter into new Limited Recourse Borrowing Arrangements (LRBAs) to purchase residential...
by Financially Sorted | Aug 26, 2026 | Federal Budget, Property Investment
Changes to capital gains tax (CGT) are set to take effect from 1 July 2027, changing the way some future capital gains are calculated and taxed. For property investors, shareholders and business owners, CGT can have a significant impact when an asset is eventually...
by Financially Sorted | Aug 20, 2026 | Federal Budget, Property Investment
Changes to negative gearing are on the way, with new rules set to affect some residential property investors from 1 July 2027. While we know the broad direction of the changes, further detail and guidance is still expected. And, importantly, the impact will depend on...
by Financially Sorted | May 13, 2026 | Federal Budget
On Tuesday evening 12 May 2026 Treasurer Jim Chalmers handed down the Federal Budget for 2026-27. The Australian Federal Budget 2026-27 seeks to redress issues of intergenerational inequity through the most consequential changes to asset taxation in decades. CPA...
