Economic Resilience Program - Interest Free Loans
Today the Australian Federal Government Economic Resilience Program was rolled out. Through the Economic Resilience Program, eligible Australian businesses will have access to zero interest loans to support identified industries impacted by market disruptions, or help maintain and build national strategic and economic resilience. The repayment terms are 2 years. There are key industries that can apply and these are listed on via the link below. If you are on the list of key i


Selling an Inherited Property? Here’s What You Need to Know About CGT
Inheriting a property from a deceased estate can come with unexpected tax implications, particularly when it comes to Capital Gains Tax (CGT). One of the most important rules to understand is the 2-year rule, which can allow you to sell an inherited property without paying CGT. However, this exemption is not always straightforward, and missing key requirements can result in significant tax consequences. What is the 2-Year Rule? Under Australian tax law, the 2-year rule allows


Changes to Fuel Tax Credit
Please be aware that your next fuel tax credit is going to be significantly less then prior BASs. From 1 April to 30 June 2026, fuel tax credit rates have changed due to a 32 cents per litre (cpl) reduction in fuel excise and a reduction of the heavy vehicle road user charge to zero. Businesses must use the new rates for fuel acquired on or after 1 April 2026 when preparing their April monthly Business Activity Statement (BAS). Key Changes from 1 April 2026: Reduced Rates: Th
