Permanent $20,000 Instant Asset Write-Off for Small Businesses

Permanent $20,000 Instant Asset Write-Off for Small Businesses June 9, 2026Tax UpdatesNews Home Great news for Australian small businesses! The Federal Government has announced that the $20,000 Instant Asset Write-Off will become a permanent feature of the tax system, providing certainty and ongoing support for small business owners looking to invest in equipment, technology, and […]

Proposed Discretionary Trust Tax Changes from 2028–29

Proposed Discretionary Trust Tax Changes from 2028–29 June 9, 2026Tax UpdatesNews Home The Australian Government has announced proposed reforms that would introduce a minimum tax rate of 30% on discretionary trust distributions from the 2028–29 income year. If implemented, these changes could have significant implications for families, investors, business owners, and professionals who currently use […]

Proposed Negative Gearing Changes 2027

Proposed Negative Gearing Changes 2027 June 9, 2026Tax UpdatesNews Home Proposed Capital Gains Tax (CGT) Changes from 1 July 2027: A Guide for Property Investors The Australian Government has announced proposed reforms to Australia’s negative gearing rules that could significantly affect future property investors and the housing market. Under the proposal, negative gearing tax deductions […]

Proposed CGT Changes from 1 July 2027

Proposed CGT Changes from 1 July 2027 | Premier Tax & Bookkeeping June 9, 2026Tax UpdatesNews Home Proposed Capital Gains Tax (CGT) Changes from 1 July 2027: What Investors Need to Know The Australian Government has proposed significant changes to the way Capital Gains Tax (CGT) is calculated for individuals and trusts. If implemented, these […]

$1,000 Instant Tax Deduction ForWorkers From 2026–27

$1,000 Instant Tax Deduction ForWorkers From 2026–27 June 9, 2026Tax UpdatesNews Home The Australian Government has announced plans to introduce a $1,000 Instant Tax Deduction for eligible taxpayers from the 2026–27 income year, making tax time simpler and reducing the need for extensive record-keeping. The proposed measure is expected to benefit millions of Australian workers […]

Australian Income Tax Cuts From 1 July 2026

Australian Income Tax Cuts From 1 July 2026 June 9, 2026Tax UpdatesNews Home What Every Taxpayer Needs to Know The Australian Government has announced additional personal income tax cuts that will provide relief to millions of Australian workers over the next two financial years. These changes are designed to help Australians manage rising living costs […]