The proposal would grant deductible gift recipient (DGR) status to the Headstone Project South Australia.

The proposal is ongoing and would start on 1 July 2025.

The proposal would grant deductible gift recipient (DGR) status to the Headstone Project South Australia.

The proposal is ongoing and would start on 1 July 2025.

The proposal would grant deductible gift recipient (DGR) status to the Headstone Project South Australia.

The proposal is ongoing and would start on 1 July 2025.

The proposal would allow taxpayers to choose to claim a $1,000 instant tax deduction instead of claiming individual work-related expenses.

To be eligible for the instant tax deduction, taxpayers must earn labour income.

Taxpayers claiming more than $1,000 in work-related deductions will still be able to do so in the usual way. Charitable donations and other non-work-related deductions would continue to be claimed on top of the instant tax deduction.

The proposal would start on 1 July 2026.

The proposal would allow taxpayers to choose to claim a $1,000 instant tax deduction instead of claiming individual work-related expenses.

To be eligible for the instant tax deduction, taxpayers must earn labour income.

Taxpayers claiming more than $1,000 in work-related deductions will still be able to do so in the usual way. Charitable donations and other non-work-related deductions would continue to be claimed on top of the instant tax deduction.

The proposal would start on 1 July 2026.

The proposal would allow taxpayers to choose to claim a $1,000 instant tax deduction instead of claiming individual work-related expenses.

To be eligible for the instant tax deduction, taxpayers must earn labour income.

Taxpayers claiming more than $1,000 in work-related deductions will still be able to do so in the usual way. Charitable donations and other non-work-related deductions would continue to be claimed on top of the instant tax deduction.

The proposal would start on 1 July 2026.

The proposal would allow taxpayers to choose to claim a $1,000 instant tax deduction instead of claiming individual work-related expenses.

To be eligible for the instant tax deduction, taxpayers must earn labour income.

Taxpayers claiming more than $1,000 in work-related deductions will still be able to do so in the usual way. Charitable donations and other non-work-related deductions would continue to be claimed on top of the instant tax deduction.

The proposal would start on 1 July 2026.

The proposal would allow couples with a dependent to split their income for personal income tax purposes, so that it appears on their tax returns that they both earn the same amount.

All couples with at least one dependent would be eligible for income splitting. A dependent would be defined as a child aged 18 or younger, or a dependent of any age with a severe disability which requires them to live at home permanently.

The policy would commence from 1 July 2025.

The proposal has 5 options, which make changes to the capital gains tax (CGT) discount and negative gearing arrangements (which allow losses relating to an investment property to be deducted from non-investment income) for all individuals, trusts, partnerships and superannuation funds, as per the below table. All options would take effect from 1 July 2024.

The proposal has 5 options, which make changes to the capital gains tax (CGT) discount and negative gearing arrangements (which allow losses relating to an investment property to be deducted from non-investment income) for all individuals, trusts, partnerships and superannuation funds, as per the below table. All options would take effect from 1 July 2024.