Ross Steele

2026 Budget: The Big Changes! Delivering a new Working Australians Tax Offset ('WATO') to provide a permanent annual $250 tax offset to all eligible Australian workers. This applies to eligible income earned from 1 July 2027 (i.e., from the 2027/28 income year). Introducing a $1,000 instant tax deduction to allow workers to deduct up to $1,000 of work-related expenses without keeping receipts from 1 July 2026.

With less than two months until ATO is 'Clearing Up' Some Common Payday Super Myths Payday Super starts (on 1 July 2026), the ATO wishes to 'clear up' the following common misconceptions.

Keeping a car logbook may be required to accurately calculate the business-use percentage of vehicle expenses (e.g., fuel, registration, insurance and depreciation) for tax deductions. When claiming car expenses using the logbook method, taxpayers also need to keep various types of other records, including (among other things) odometer records.