Newsletter – February 2026

Inside this month:

• Holiday Homes Under the Microscope – What the ATO’s New Guidance Means for you : Until recently, many owners assumed they could claim most of the usual deductions for the property as long as appropriate apportionments were made. However, that position is now under scrutiny 
• Electric Car Discount Under Review: What it means for Your Business (and What You Should Do Now):Electric vehicles (EVs) are no longer a niche choice. By late 2025, they account for more than 8% of new car sales in Australia, driven in no small part by generous tax incentives. The Federal Government’s Electric Car Discount  has reduced the cost of owning or leasing an EV. That said, the rules are now under review 
• AI Tax Tips: Helpful Shortcut or Costly Trap?: As a business owner or investor, time is always tight. So it’s no surprise many people now turn to AI tools like ChatGPT for quick answers on tax deductions, super contributions or structuring ideas.  What could go wrong? 
• Downsizer Contributions and the Main Residence Exemption: When clients sell a long-held family home, they may be able to channel part of the proceeds into superannuation by using the downsizer contribution rules. To qualify, the seller must meet a number of conditions

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