Above Advisory

Above Advisory YOUR TRUSTED ADVISORY PARTNER.

27/05/2026

Comment “TRUST” 👀 to watch the full video 🇦🇺
The tax environment has changed ⚠️
The ATO is increasing audits and reviewing family trusts more closely than ever.
Having a family trust doesn’t automatically mean lower tax anymore.

22/05/2026

Comment “CONTROL” 💼 to watch the full video on how SMSFs work in Australia 🇦🇺
What if you could control your own super? 👀
An SMSF lets you manage your own retirement fund instead of leaving it with providers

21/05/2026

Comment “HOME” 🏠 to watch the full video on when CGT may not apply in Australia 🇦🇺
Sell your family home for a profit? 💰
That gain may be completely tax-free.

20/05/2026

The new $1,000 tax deduction…
No receipts. No stress. Sounds easy 💰
These are things that you should know before claiming!

19/05/2026

🏠 Negative gearing just changed — here’s where YOU stand.

✅ Bought before 7:30pm on 12 May 2026?
You’re protected. Nothing changes — even if you’re still waiting on settlement.

🚫 Buying established property after that date?
Your losses are quarantined. You can no longer offset them against your salary — only against future rental income or property gains.

🏗️ The exception — new builds.
Full negative gearing still applies. Buy new, and you can still offset your losses against your wages like before. Build-to-rent and some government housing programs are also exempt.

💡 The bottom line?
If you’re eyeing an established property — model the deal without the tax benefit. If the numbers don’t work without it, a new build might be the smarter play right now.

📅 Kicks in 1 July 2027 · Not yet law · Always talk to your accountant first.

14/05/2026

📊 90% of Aussies miss this tax trick
Before you think tax is just a June problem…
Pause.
Because by then, most opportunities are already gone.
Here’s what people who pay less tax (legally) do differently 👇

1️⃣ Plan BEFORE June 30
Not after. Not last-minute.

2️⃣ Bring forward expenses
A deduction only counts in the financial year you PAY for it
That means if you were going to spend anyway…
bringing it forward can reduce your taxable income this year
Examples:
→ Work-related tools
→ Subscriptions
→ Courses
Same expense.
But better timing = lower tax sooner

3️⃣ Top up super contributions
One of the most underused strategies
Voluntary super contributions can be taxed at 15%
Which is often lower than your personal tax rate
This is one of the most overlooked ways to reduce tax legally
(while building long-term wealth)

4️⃣ Track everything early
Not scrambling for receipts at the end
The people who save more tax track things in real time

Here’s the truth:
Tax isn’t about how much you earn
It’s about what you do before the financial year ends
This is all allowed by the ATO
Most people don’t miss this because it’s complicated
They miss it because no one tells them early enough
👉 Save this. You’ll need it before June 30

‼️Here’s what YOU need to know about the biggest TAX REFORM in Australia that is coming!1. Removal of negative gearing p...
12/05/2026

‼️Here’s what YOU need to know about the biggest TAX REFORM in Australia that is coming!

1. Removal of negative gearing properties benefits.
This will apply to properties purchased to established dwellings from 7pm 12th May 2026.
New built properties can still access to negative gearing tax benefits.

2. Biggest change CGT! Removal of 50% CGT discount in total & replacing with indexation method (adjusting cost base with inflation). There will be minimum 30% tax for any CGT assets including all assets bought pre-CGT for gains arising after 1 July 2027.

3. Trust tax reform: Minimim tax rate of 30% will be liable by trustee. There’s still alot of uncertainty on this tax reform until legislation is passed. Most likely there is rollover relief window for investors & businesses to restructure without immediate tax hits.

4. Instant asset write off: $20,000 instant asset write off will now remain permanently for all small businesses.

What are your thoughts on this biggest tax reform?? How would this impact you? Let us know! 👇🏻

07/05/2026

Comment “DISCOUNT” 📩 to watch the full video on how the CGT works in Australia 🇦🇺
Hold an asset for 12+ months? ⏳
You may only pay tax on HALF the capital gain 🤯

But remember ⚠️
This generally applies to individuals — not companies and also there might be changes coming soon. Stay tuned to know the latest changes!

06/05/2026

BIG tax changes could be coming for property investors…

If the proposed changes go through:
📉 Your tax bill on sale could increase
💸 Your yearly tax benefits could shrink

🔔 Follow for real-time Budget updates

04/05/2026

Comment “15%” to watch the full video on YouTube.

Super isn’t just a savings account — it’s a 15% tax environment most people don’t use properly 🤯
2 types of contributions.
Only ONE actually reduces your taxable income.

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Sydney, NSW
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