Welcome to this month’s issue of our newsletter. Our aim is to keep you informed about current tax and superannuation related matters.
This month we look at:
- AI and Quality Data: A Powerful Tool for the Tax Office: The ATO is increasingly using artificial intelligence and advanced data matching to identify undeclared income, incorrect deductions, and tax reporting discrepancies. Having the right advice to manage your tax risk is more important than ever.
- Do you Need to Get a Market Value of your Home at 30 June 2027?: This may be required if your home has been used to produce income, such as through renting rooms, operating a business from home, or other partial CGT exemption situations.
- Determining a Person’s Residence for Tax Purpose is not an Easy Matter!: A recent Federal Court case highlights that simply working overseas does not necessarily end your Australian tax residency.
- Bringing your Overseas Retirement Savings Home: If you have retirement savings in a foreign superannuation fund, transferring them to Australia can offer benefits, but timing is critical.
- SUPER AND MORTGAGE ARREARS: What the Rules already allow: Did you know you may be able to access your super on compassionate grounds if you’re at risk of losing your home?
- Government moves to Tighten Protections in Super: Following recent super fund collapses, the Government has proposed stronger protections for retirement savings.
Click here to read the Rose Partners October Newsletter 2026
If you would like to discuss anything raised in the newsletter, please contact our Team.
