We are pleased to supply you with the latest edition of Client Alert, which contains information on a number of important developments up to and including 29 July 2026.
- Are your financial goals still realistic? – Even if you decide your goals don’t need to change, revisiting them means a chance to confirm whether your current financial arrangements are still working in the right direction.
- Take care when claiming occupancy expenses for work from home – The ATO’s found that some taxpayers are incorrectly claiming rent, mortgage interest and other occupancy costs as part of their working from home expenses.
- ASIC report suggests it’s time to check on your mortgage offset account – ASIC’s review of eight major lenders has identified weaknesses in how offset accounts are opened, linked, monitored and managed.
- Paid parental leave super contributions have started – Eligible parents who received government-funded parental leave pay for a child born or adopted from 1 July 2025 will now begin receiving their government-funded super payments.
- Division 296 tax on large super balances – From 2026–2027, Divison 296 tax applies to you if you have a large total superannuation balance.
Please contact us if you wish to discuss how the points raised in Client Alert specifically affect you.
Explanatory Memorandum_August 2026
Please contact us if you wish to discuss how the points raised in Client Alert specifically affect you.