Tag: tax

Medicare Levy and Medicare Levy Surcharge rates and thresholds for 2026 as published by the ATO. Covers single and family income tiers, low-income exemptions, and how hospital cover avoids the MLS.

HELP/HECS compulsory repayment thresholds and rates for FY2026–27 under the marginal system. Covers repayment income definition, bracket calculations, and interaction with income tax and Medicare Levy.

Australian resident income tax rates for FY2026–27 as published by the ATO. Covers the 16% to 15% bracket cut, thresholds by income band, and take-home pay impacts for employees and sole traders.

How the Medicare Levy works, who pays it, exemptions, and Medicare Levy Surcharge thresholds for private insurance.

Step-by-step guide to lodging a tax return as an international student earning Australian income.

Tax obligations, rates, and filing requirements for working holiday visa holders in Australia.

How to apply for a Tax File Number in Australia and why you need one as an international student or new resident.

Complete guide to investment property tax deductions in Australia. Negative gearing, depreciation schedules, capital gains tax, and withholding tax explained.

Complete 2026 guide to Australian tax residency: the ATO's four residency tests, the new 183-day bright-line test from 2025, how residency affects tax rates, foreign income, CGT, and HECS repayment obligations.

Complete 2026 state-by-state comparison of Australian stamp duty (transfer duty) on residential property: rates by purchase price, first home buyer concessions, foreign buyer surcharges, and practical examples for NSW, VIC, QLD, WA, SA, TAS, ACT, and NT.

Clear explanation of how negative gearing works for Australian property investors in 2026. Covers the tax mechanics, capital gains tax implications, the difference between negative and positive gearing, and the ongoing policy debate around potential reforms.

Complete guide to Australian income tax brackets for 2025-26. Includes tax-free threshold, Medicare levy, tax offsets, and worked examples for salaries from AUD 45,000 to 200,000.