Australia tax deadlines 2026.

Use this skill whenever asked about Australian PAYG Instalments for sole traders. Trigger on phrases like "PAYG instalments", "BAS T1 T2 T7 T9", "instalment rate", "instalment amount", "ATO instalment", "GDP uplift", "GIC", "variation of instalments", or any question about income tax prepayments through the Business Activity Statement. Covers entry/exit thresholds, instalment rate method (T1/T2), instalment amount method (T7), GDP uplift factor, voluntary variation, GIC exposure on under-estimation, and quarterly/annual election. ALWAYS read this skill before touching any PAYG instalment work for Australia.

Use this skill whenever asked about the Australian Medicare Levy, Medicare Levy Surcharge (MLS), low-income reduction thresholds, family thresholds, surcharge tiers, private health insurance (PHI) rebate interaction, or Medicare levy exemptions. Trigger on phrases like "Medicare levy", "Medicare surcharge", "MLS", "do I pay Medicare levy", "low income Medicare", "Medicare levy reduction", "Medicare levy exemption", "private health insurance rebate", "PHI rebate", "M1", "M2", or any question about Medicare-related levies on an Australian tax return. ALWAYS read this skill before touching any Medicare levy work.

Australian sole trader business schedule (Business and Professional Items Schedule for Individuals). Covers assessable business income, allowable deductions, home office (fixed rate 70c/hour or actual), motor vehicle (logbook or cents per km at 88c/km for 2025-26, 91c for 2026-27), depreciation (instant asset write-off, simplified pooling, general pooling), prepaid expenses, and trading stock.

Use this skill whenever asked about Australian payroll, PAYG withholding, superannuation guarantee, Single Touch Payroll, or employer obligations in Australia. Trigger on phrases like "PAYG", "pay as you go withholding", "superannuation", "super guarantee", "STP", "Single Touch Payroll", "STP Phase 2", "Medicare levy", "tax file number", "TFN declaration", "HECS-HELP", "STSL", "Fair Work", "NES", "national employment standards", "modern award", "payslip Australia", "ATO payroll", "BAS", "IAS", "activity statement", "annual leave", "long service leave", "minimum wage Australia", or any question about running payroll in Australia. ALWAYS read this skill before processing any Australian payroll work.

Use this skill for any non-resident selling Australian assets. Trigger on: "non-resident CGT Australia", "TAP test Australia", "taxable Australian property", "FRCGW", "foreign resident capital gains withholding", "12.5% withholding Australia", "clearance certificate ATO", "sell Australian shares non-resident", "sell Australian property non-resident", "Australian CGT non-resident seller", "no CGT discount non-resident Australia". Covers the TAP test, 30% flat rate, FRCGW withholding, clearance certificates. For Australian residents see au-capital-gains.

Use this skill whenever asked about Australian rental property income and deductions. Trigger on phrases like "rental income Australia", "negative gearing", "rental deductions", "investment property tax", "Division 40", "Division 43", "capital works deduction", "depreciation schedule", "rental property CGT", "rental withholding", "body corporate fees", "strata levy deduction", "repairs vs improvements", "TR 97/23", or any question about completing the rental property schedule in an Australian individual tax return. This skill covers rental income reporting, deductible expenses, depreciation (Div 40 plant and Div 43 building), negative gearing, CGT on disposal, non-resident withholding, and common transaction classifications. ALWAYS read this skill before touching any Australian rental property work.

Use this skill whenever asked about Australian bookkeeping for sole traders, partnerships, or small companies. Trigger on phrases like "chart of accounts", "BAS", "GST codes", "bookkeeping", "profit and loss", "balance sheet", "AASB", "simplified disclosures", "Tier 2", "bank reconciliation", "expense categories", "revenue recognition", "depreciation", "instant asset write-off", "small business pool", "ABN", "ATO reporting", "activity statement", "accrual basis", "cash basis", "general ledger", or any question about day-to-day transaction recording, financial statement preparation, or account coding for an Australian business.

Ceasing Australian tax residency triggers one of tax's strangest decisions — CGT event I1 deems you to sell your entire share portfolio the day you leave, unless you elect otherwise. Add the loss of the main-residence exemption for non-residents, the death of the tax-free threshold, HECS repayments that chase worldwide income, and super you cannot touch, and 'moving overseas' becomes a sequencing problem. This Guide sequences it.