Author Archives: Lily Zhang

31 October fell on a Saturday, so self-lodgers have until 11:59 pm on Monday 2 November 2026. Joining a tax agent’s list did not move: that cut-off was 31 October. Which date applies to you, and what a late return costs.

28 October is 28 days after the first Payday Super quarter ended. It is not a payment deadline, but it is where the ATO separates medium risk from high risk. What counts as fixed, what a late payment costs, and a check to run this week.

The ATO will now take credit cards until 30 June 2027, not 30 November. Which BAS you can still pay by card, what to do with a payment plan linked to a card, and how to use the extra eight months.

Party, gift or cash bonus: each is taxed differently. The $300 minor benefit test, why a hamper stays deductible but tickets don’t, and the 12% super now due on a Christmas bonus under Payday Super.

Sold an apartment overseas while an Australian tax resident? The gain goes in your 2025-26 return, usually starting from the market value on the day you became a resident, with each amount converted on its own date.

Working overseas but kept a home, car or bank account in Australia? On 4 September 2026 the Federal Court upheld a finding that an engineer based in Dubai for five years stayed an Australian tax resident under the domicile test.

Division 293 tax is an extra 15 per cent on super contributions once your income and concessional contributions pass $250,000. It is assessed separately from your return, so the notice lands later, once your fund has reported. The threshold has not moved since 2017-18, and the 60 days to elect a release from super is not an extension of the due date.