Tax for Australians

ATO rules, deductions, and lodgment deadlines for Australian taxpayers.

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Live deadlines

OCT 31 — Self-lodgment deadline (ATO)
JUN 30 — EOFY — deductions cut-off for this tax year

01 SEPT 2026

SOPHIE EXPLAINS: The $1,100 Work-From-Home Tax Trap (and How to Avoid It)

A full-time employee working from home 38 hours a week for 2025–26 can claim only $1,383.20 under the ATO’s…

01 SEPT 2026

4 ATO Tax Return Audit Triggers to Fix Before 2026

The ATO’s real sting is not the audit itself but the extra tax, penalties, and interest that can follow when a return…

04 AUG 2026

Reduce Taxable Income Before June 30: 8 Ways to Save $9,600

Maxing out concessional super contributions at the new $30,000 cap can cut a high earner’s current-year tax bill by…

04 JUL 2026

SOPHIE EXPLAINS: Your $20K Write-Off Is Now Permanent (Here's What Changed)

A small business buying a $20,000 ute can cut its taxable income by the full $20,000 in a single year under the…

04 JUL 2026

Earning $101K? How to Cut Your 1.5% Medicare Levy Surcharge to Zero

If you earn around $101,000 and do nothing, your private health insurance can cost you an extra 1%–1.5% in Medicare…

04 JUL 2026

SOPHIE EXPLAINS: Salary Sacrifice 2026 – Why You're Still $1,500 Ahead

If you earn $80,000, sacrificing just $10,000 of salary into super in 2026–27 can leave you roughly $1,500 richer…

04 JUL 2026

Australia Capital Gains Tax 2026: CGT Discount Changes 2027

If you sold $10,000 of shares or crypto you bought for $5,000, your $5,000 profit is fully reportable to the ATO and,…

04 JUL 2026

SOPHIE EXPLAINS: Gig Income Tax — Why That $43K Catches Uber Drivers

If you earned just $5,000 last year from Uber or Airtasker and didn’t declare it, the ATO can data‑match the full…

04 JUL 2026

5 Tax Return Mistakes the ATO Flags First in 2026

In the 2024–25 financial year, the ATO corrected over 140,000 individual tax returns for errors in employment income,…

04 JUL 2026

Work From Home Tax 2026: Which Deduction Method Saves You More?

If you work from home full‑time and don’t bother tracking your actual costs, you can easily leave $500–$1,500 of…

04 JUL 2026

$1000 Instant Tax Deduction Worth Only $205? Sophie Explains

An advertised "$1,000 instant deduction" will only cut tax by a maximum of $470 for a high‑income worker, and the…

04 JUL 2026

SOPHIE EXPLAINS: Your 2025-26 Tax Return Still Uses the 16% Rate ($268 More)

If you lodge a 2025–26 tax return on a $90,000 salary, you’ll be taxed using the old 16% bracket, paying about $268…

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The Fine Print

This content is general information only and does not take your personal circumstances into account. It is not financial advice. Consider seeking advice from a licensed financial adviser.