ATO Guidelines & Tax Updates
Stay informed with the latest Australian tax laws, superannuation changes, and compliance requirements for the 2025-26 financial year. All information is regularly verified against official ATO publications.
Disclaimer: This guide is for informational purposes only and does not constitute professional tax advice. Always consult the ATO (ato.gov.au) or a qualified tax professional for your specific circumstances.
Tax Rates & Thresholds
Individual Tax Rates 2025-26
CurrentStage 3 tax cuts implemented. Rates range from 0% to 45% with $18,200 tax-free threshold.
Effective: 2025-07-01
Medicare Levy Surcharge
CurrentThresholds indexed: Singles $90,000+, Families $180,000+ (plus $1,500 per dependent).
Effective: 2025-07-01
Company Tax Rate
CurrentBase rate entity (base rate entity) 25% (for companies with turnover < $50M). 30% otherwise.
Effective: 2024-07-01
Superannuation
Super Guarantee Rate
CurrentEmployer contributions increased to 11.5% (from 1 July 2025). Rises to 12% from 1 July 2026.
Effective: 2025-07-01
Concessional Cap
Current$27,500 per year for 2025-26. Includes SG contributions, salary sacrifice, and personal deductible contributions.
Effective: 2025-07-01
Non-Concessional Cap
Current$110,000 per year (or $330,000 using 3-year bring-forward rule) if total super balance < $1.9M.
Effective: 2025-07-01
Property & CGT
Capital Gains Tax Discount
Current50% CGT discount for individuals holding assets >12 months. 33.33% for super funds.
Effective: Ongoing
Main Residence Exemption
CurrentFull CGT exemption for your primary residence. Rules apply if rented out or used for business.
Effective: Ongoing
Land Tax (NSW Example)
CurrentThreshold $1,359,000 for individuals. Rates progressive from 0.3% to 2%. Varies by state.
Effective: 2025-07-01
GST & Business
GST Registration Threshold
Current$75,000 annual turnover (must register). Voluntary registration allowed below threshold to claim input tax credits.
Effective: Ongoing
GST Rate
CurrentStandard rate 10% on most goods and services. Some GST-free (basic food, education) or input-taxed (rent).
Effective: Ongoing
Instant Asset Write-Off
CurrentInstant deduction for assets < $20,000 per asset. Threshold may change - check current year.
Effective: Check ATO
Deductions & Offsets
Low and Middle Income Tax Offset (LMITO)
Phased OutLMITO has been removed from 2022-23 onwards. Not available for 2025-26.
Effective: 2022-07-01
Small Business Tax Offset
Current16% of tax payable, capped at $1,000. For small businesses with turnover < $5M.
Effective: Ongoing
Work-Related Deductions
CurrentHome office (67c/hour method or actual costs), phone, internet, uniforms, tools, Vehicles (cents/km or logbook).
Effective: Ongoing
Key Dates 2025-26
Tax Return Due Date (Individuals)
Important Date31 October 2025 (if lodging yourself). Later if using registered agent (typically May 2026).
PAYG Instalments
Important DateQuarterly payments due: 28 Oct, 28 Feb, 28 Apr, 28 Jul.
Super Guarantee Due
Important DateEmployer SG payments due quarterly: 28 Oct, 28 Jan, 28 Apr, 28 Jul.
Official Sources
Always verify critical information with official government sources