Monthly update, November 2025

Welcome to the November edition of our client newsletter. This month, we’ve brought together a range of timely and practical articles covering key developments in tax, superannuation, and financial planning, all designed to help you stay informed, confident, and in control of your finances.

1. Christmas and tax – As the festive season approaches, many business owners are planning year-end celebrations. We outline the rules around fringe benefits tax, GST credits, and tax deductibility, helping you keep your holiday costs tax-efficient. 2. Reducing your tax bill while topping up your super – Received a financial windfall or facing a capital gains tax (CGT) bill? We explain a smart strategy to reduce your tax liability by making a super contribution. 3. Division 296 tax revisited – There’s major news for anyone with a super balance over $3 million. The government has revised its proposed Division 296 tax – a move aimed at greater fairness and practicality. We break down what’s changed and what it means for you. 4. Home equity access scheme (HEAS) – For older Australians, tapping into the value of the family home can ease financial pressure. We explain how the government-backed HEAS works and what to consider before applying. 5. Renting your holiday home – With summer approaching, many are looking to rent out their beach houses. We revisit the key tax rules and how expense claims are treated when your holiday home is rented only part of the year. 6. Using your home to produce income – If you use part of your home for income-producing activities, you may lose some of your CGT exemption. We explain the implications and how partial exemptions may apply.

• *ATO cracks down on early super access* – The ATO is warning Australians against accessing super early for non-approved reasons. We outline the legitimate circumstances where early access is allowed and how to stay compliant.
• *Senior living options* – As Australians live longer, many are exploring housing options that offer both comfort and community. We compare retirement villages and land lease communities to help you or your loved ones make an informed choice.

We hope you find this edition helpful. As always, feel free to reach out with any questions.

This issue reflects the law when it was published. Tax and super rules change often, so please call us before acting on anything in it.