Ershad Ullah's Posts
While the 2026-27 Federal Budget introduced significant changes for individual taxpayers, the most complex technical updates are reserved for those operating through private structures. For business owners and families utilizing discretionary trusts, the budget papers delivered a clear message: the era of flexible income splitting is transitioning into a new period of strict integrity and […]
The 2026-27 Federal Budget Summary reveals the most significant structural changes to the Australian tax system in twenty-five years. These reforms establish critical new “lines in the sand” for property investors, small business owners, and individual taxpayers. With major negative gearing changes 2026 affecting established dwellings and the introduction of CGT indexation Australia 2027, understanding […]
Managing a discretionary trust in 2026 offers significant flexibility, but only if you meet the strict 30 June deadline for trustee resolutions. Failing to document who is “presently entitled” to trust income by year-end can result in the ATO assessing the trustee at the top marginal tax rate of 45%. These days, many savvy Australian […]
The debate is over. On March 13, 2026, the Division 296 legislation officially became law. Starting July 1, 2026, individuals with a Total Superannuation Balance (TSB) exceeding $3 million will face an additional 15% tax on their “proportionate earnings.” For those with balances over $10 million, the extra rate climbs to 25%. While the tax […]
Introduction: The “Two-Speed” Market of 2026 As we move through the second quarter of 2026, the Sydney property landscape is telling two very different stories. While the premium end of the market—those high-end $5M+ harbour-side retreats—is seeing a modest softening, the “lower-quartile” affordable hubs are in a state of rapid acceleration. Recent data from Q1 […]
Introduction: Why We Are Asking for More Information If you’ve noticed your accountant or solicitor asking for more detailed identification lately—including questions about where your investment funds originated—you aren’t alone. As of July 1, 2026, the Federal Government’s “Tranche 2” reforms have officially launched. These laws require professional service providers across Sydney to perform enhanced […]
Over the past few years, buying investment properties through a trust has become increasingly popular among Australian investors. The appeal is clear — better asset protection, potential tax planning benefits, and long-term flexibility. However, a quiet but significant shift is now happening in the lending space. Major lenders such as ANZ, Commonwealth Bank, and Macquarie Bank are tightening their […]
Many small business owners believe they are fully compliant with payroll obligations because they pay employee wages on time and lodge their super contributions each quarter. But from 1 July 2026, that familiar system will change completely. The Australian government is introducing a new regime called Payday Super, which will require employers to pay superannuation […]
Recently, a prospective client called our office to enquire about pricing for her tax work. She is a general practitioner, and before we even discussed fees, her first question was, “Do you help clients with debt recycling for tax purposes?” During our conversation, it was clear that she was familiar with the general concept of […]