Tax  Business  Wealth

Tate Update: October 2026

This month we look at several practical issues that could affect your tax and superannuation position.

The ATO’s expanded passenger movement data-matching program means international travel records could come under greater scrutiny, particularly where tax residency is unclear or circumstances have changed. We then turn to lost superannuation, with more than $21 billion currently sitting unclaimed and a simple check potentially uncovering money that belongs to you. Recent changes to the negative gearing reforms that apply from 1 July 2027 have also fixed some unintended outcomes affecting jointly owned properties and former main residences, providing greater certainty for taxpayers in these situations. Finally, we look at SMSF investment strategies and why regularly reviewing the strategy is about more than meeting a compliance requirement, particularly as members move from the accumulation phase into retirement.

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Tax
Wealth/Personal