Technical Resource Centre

Verified technical answers, dated and sourced

Working references on Australian tax, BAS and payroll, home lending, property investment and superannuation. Every resource states its applicable financial year, shows the official sources it relies on, and records when those sources were last verified.

Latest

Recently published and verified

The newest additions across all six collections, with their verification dates.

Regulatory UpdateProperty

Negative gearing from 2027-28: what the Act actually does

The residential-property deduction rules in Schedule 2 of the Treasury Laws Amendment (Tax Reform No. 1) Act 2026 are enacted law and first apply to the 2027-28 income year. This resource sets out what the quarantining rule does, the precise grandfathering test, the carve-outs, and the one exception that cannot yet operate because its defining instrument has not been made.

Verified 13 July 202611 min read

Regulatory UpdateSMSF

SMSF borrowing and business real property: what Schedule 5 changed

Schedule 5 of the Treasury Laws Amendment (Tax Reform No. 1) Act 2026 narrows what an SMSF can borrow to acquire. From 10 August 2026, where the asset is real property, it must be business real property — but only for arrangements entered into on or after that date, and nothing in the Schedule requires an existing arrangement to be unwound.

Verified 13 July 20269 min read

Regulatory UpdateTax

The CGT discount changes from 1 July 2027: what the law actually says

Schedule 1 of the Treasury Laws Amendment (Tax Reform No. 1) Act 2026 is law and commenced on 1 July 2026, but its substantive changes apply only to CGT events happening on or after 1 July 2027. This resource sets out exactly who keeps a discount, who falls to 0%, and how the replacement cost-base indexation is confined.

Verified 13 July 20269 min read

Technical UpdateTax

The standard deduction for work expenses from 2026-27: a floor, not a bonus

New section 25-130 of the ITAA 1997 applies to assessments for 2026-27 — the only measure in the Treasury Laws Amendment (Tax Reform No. 1) Act 2026 that touches the income year now under way. It gives eligible individuals a standard deduction of up to $1,000, reduced dollar for dollar by their listed work-related deductions, and it repeals the $300 and $150 substantiation exceptions.

Verified 13 July 20269 min read

Regulatory UpdateTax

The Working Australians tax offset: law now, claimable from 2027-28

Schedule 3 of the Treasury Laws Amendment (Tax Reform No. 1) Act 2026 inserted a new Working Australians tax offset into the income tax law. It commenced on 1 July 2026 but first applies to assessments for the 2027-28 income year — and $250 is its ceiling, not a universal entitlement.

Verified 13 July 20268 min read

Regulatory UpdateRegulatory

ATO interest charges are no longer deductible: GIC and SIC from 1 July 2025

General interest charge and shortfall interest charge incurred on or after 1 July 2025 can no longer be deducted — enacted law, first biting in the 2025-26 returns now being prepared. What changed, the current quarterly rates, and what it means for payment plans and remission requests.

Verified 12 July 20267 min read

How these resources are maintained

Every technical resource states the financial year or date range it applies to, links the official sources behind each figure, and records the date those sources were last verified. Time-sensitive resources carry a scheduled review date; when the law or an official rate changes, the resource is updated and the change is dated.

Resources are general information — they are not tax advice, credit assistance or financial advice. Where a topic touches lending, lender policies differ, and our licensing arrangement is set out in our Credit Guide. For how the practice itself is regulated, see what a credit representative is and about Eternity Group.

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