Insights From MCA

It’s taken a while, but the Government has finally gotten its $3mil super tax through Parliament and into law. Find out how it works and why everyone with a SMSF needs to act now.

Upon the death of a loved one, taxes are understandably far from the front of mind – however it is important to address these sooner rather than later in the process to avoid unexpected tax outcomes. Learn the basis of tax with regards to a deceased estate here, and download our free checklist.

The 2025 federal budget has been released, projecting deficits as far as the eye can see and only small tax breaks for ordinary Australians. To try and keep their promise of cheaper electricity bills, the Government will give households a quarterly payment, and student loan holders will get a little windfall. Overall, the budget spends more and doesn’t really provide Australian’s any real relief, which is disappointing.