Content Creators: Hobby, Side Hustle or Business?

Making money from your posts? Mia and Leo are joined by Harvey Green on the ATO's new guidance for content creators: hobby, side hustle or business, free products as income, deductions and losses, and when an ABN and GST apply.

New to Australia: Your First Australian Tax Return

Moved to Australia in the last year or so? Mia and Leo walk through your first Australian tax return: why your visa isn't your tax residency, the smaller tax-free threshold, overseas income, the Medicare levy and your TFN.

The Trust Tax Goes to Parliament: What's New in the Bill

The trust tax is in Parliament but isn't law yet. Harvey Green on what the bill keeps from September's draft, a way to ask the Commissioner not to revoke an election over an honest mistake, a class of charities, and the 15-year fix.

The Line in the Sand, Part Two: Your Business and the 1 July 2027 Reset

Part two of two. Most of a company's own assets aren't reset on 1 July 2027, but the shares in it are, and so is a sole trader's goodwill. Harvey Green on assets held since before 1985, and the gap in the 15-year exemption.

The Line in the Sand: Your Property and the 1 July 2027 Reset

Part one of two. On 1 July 2027 the CGT discount ends, but your property's growth to then keeps it. Harvey Green on how the reset works, why you don't need a valuer on the day, your home, and the six year rule.

The Machinery: How You Value It, and the Trap That Costs the Most

Part three of three. There are three ways to value meal entertainment, and the easy one, the 50/50 split, switches off your exemptions. Harvey Green on which method suits you, what to record, and the boss who pays on a personal card.

Clients, Gifts and the Footy

Part two of three. Client lunches get no FBT, no deduction and no GST credit, but a genuine business gift to a client is deductible under a binding ruling. Harvey Green on gifts, gift cards, the footy, corporate boxes and sponsorship.

Coffee, Clients and the Christmas Party: What You Can Actually Claim

Can you claim the Christmas party? Entertainment is not deductible unless FBT applies, and the exempt outcome is usually cheapest. Harvey Green works through office coffee, Friday drinks, the cafe downstairs, partners, the band and the $300 rule.

The Trust Tax Wasn't Dropped: What the Draft Law Actually Says

The 30 per cent minimum tax on discretionary trusts was not dropped. The draft law released on 3 September keeps the 1 July 2028 start and adds a way to stay out of it without restructuring. Harvey Green explains the three paths.

Payday Super: Two Months In, and What's Actually Biting

Payday Super is two months old and the pattern is clear. Very few employers are paying more. The ones in trouble paid on time and the money landed late, counted business days off the wrong calendar, or still used a clearing house that has closed.

The Medicare Levy, the Surcharge, and the Cover That Doesn't Count

Plenty of people pay for private health insurance every month and pay the Medicare levy surcharge anyway. The policy looks right, the rebate arrives, the statement turns up, and none of it counts for this.

Division 293: The Tax Bill That Arrives After You've Already Paid Your Tax

You have already lodged, been assessed and paid. Then a second bill arrives with a number you were not expecting. That is Division 293, and the $250,000 line that triggers it has not moved since 2017.