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Legislative Changes

Learn how AdviserLogic has incorporated recent legislative changes, updated calculations, and the real-time status of its modules

This page will be regularly updated as legislation changes take effect.


​Legislative Changes Applied In AdviserLogic

AdviserLogic is committed to staying at the forefront of the financial advisory landscape, ensuring you have access to the most up-to-date tools and resources.
​
We are pleased to announce significant enhancements across several key modules within our platform to accommodate the latest legislative updates.


These updates align with the new regulations, ensuring compliance and enhancing the efficiency of financial advice delivery.

Each of these enhancements reflects our dedication to providing you with robust, compliant, and user-friendly solutions, empowering you to deliver superior advice and service to your clients.

⚠️In response to the announced 2026–27 Federal Budget reforms, including Negative Gearing, Capital Gains Tax, and Trusts, we are actively assessing all legislated and announced measures to ensure AdviserLogic and Holistic Cashflow continues to meet our obligations.

Our approach is focused on delivering staged enhancements aligned to legislative certainty as we head towards July 1 and ensuring new changes and grandfathered arrangements can be modelled with simplicity.

We will share more information as we progress through June on the first set of changes, whilst continuing to monitor the medium and long-term changes as more regulatory detail and certainty emerges.

If you have any questions, please reach out to our support team or customer success manager.

⚠️Update as of 26 June 2026

  • Negative Gearing – Passed

  • Capital Gains Tax – Passed

  • SMSF Restrictions on borrowing to acquire Residential Investment Property – Passed

  • Trusts – Legislative Review

We will be implementing these changes in July and August in our Holistic Cashflow
​
​Please see below the specifics of these updates.

2026 Tax Updates and Status

Change

Description

Status

Negative Gearing

1 July 2027

– Legislated

  • Rental losses on established residential properties acquired after 12 May 2026 19:30 AEST can no longer be used to reduce Salary, wages or business Income.

  • Full negative gearing benefits remain for new residential properties. A residential property is considered a new build if it genuinely adds to the net supply of available housing stock.

  • Properties (existing or new stock) acquired prior to 12 May 2026 19:30 AEST) are exempt from the rules.

  • A negative gearing transition period between 13 May 2026 and 30 June 2027 applies.

  • Negative gearing on ASX traded securities and Managed funds continue are not affected by this proposed change.

  • Negative gearing on residential property acquired prior to 12 May 2026 where the asset is transferred in event of death or divorce – Rejected

– In Progress

We are currently updating Holistic Cashflow to support these changes.

Capital Gains Tax

1 July 2027

– Legislated

  • Replace the 50% CGT Discount for Individuals, Trusts with a cost base indexation.

  • Minimum of 30% tax to apply on capital gains with an exemption for certain income support recipients.

  • For properties held at 12 May 2026 19:30 AEST), CGT reforms will only apply to gains that accrue after 1 July 2027.

  • For assets acquired Pre 20 Sep 1985, Capital gains and losses accrued before 1 July 2027 are still disregarded for CGT. From 1 July 2027, any gains accruing after that day are subject to CGT

  • The additional CGT discount for affordable housing (up to 60 per cent) continues to apply.

  • A CGT discount of 50 per cent is available for individuals for new residential dwellings.

– In Progress

We are currently updating Holistic Cashflow to support these changes.

Changes to Trusts

1 July 2028

– Proposed

  • A minimum of 30% tax to be paid on the trusts taxable income before distribution.

  • Where the income is distributed to an individual, the person receives a non refundable tax credit for the 30% tax paid in the trust.

  • As it is non refundable, any excess tax is forfeited.

  • Where the income is distributed to a corporate beneficiary, the tax paid by the trust is not passed to the company, therefore resulting in double taxation.

  • A three year tax rollover relief window applies from 1 July 2027 to 30 June 2030 to allow for a restructure.

  • The following Trusts are exempt from the 30% tax floor:

    • Fixed Trusts & Widely Held Unit Trusts (including ASX-listed REITs)

    • Complying Superannuation Funds (including SMSFs)

    • Fixed Testamentary Trusts (wills)

    • Deceased Estates (during standard administration windows)

    • Special Disability Trusts & Charitable Trusts

Updates to Holistic Cashflow will be made once the changes are legislated and specifics of the legislation are available.

Contribution cap increases

1 July 2026

– Legislated

Contributions into superannuation are generally split into Concessional and Non Concessional Contributions.

There is a limit to how much can be contributed for each type of contribution each.

– Completed

Holistic Cashflow automatically calculates the contributions caps depending on the year of modelling.

Previous years use actual limits.

Future years use indexed limits based on current limits. It is indexed by CPI and you can set CPI for each scenario.

Low Income Superannuation Tax Offset (LISTO)

1 July 2027

– Legislated

Eligibility is increased from $37,000 to $45,000 and the contribution will increase from $500 to $810.

– In Progress

Support for LISTO to be added Holistic Cashflow

Thresholds

  • Age Pension

  • LITO

  • SAPTO

– Completed

Thresholds in Holistic Cashflow to be updated on 1 July 2026 as per legislation

Transfer Balance Cap Increase to $2.1m

1 July 2026

– Legislated

The Transfer Balance Cap (TBC) is a lifetime limit on the total amount of superannuation you can transfer into a tax-free retirement pension account (the retirement phase).

From 1 July 2026, the limit is $2.1m.

Holistic Cashflow does not apply any restrictions to amount of superannuation you can transfer into a superannuation pension.

Div 296 Superannuation Tax

1 July 2026

– Legislated

Reduces superannuation tax concessions for individuals with high total super balances

  • Balances less than $3million: No additional tax

  • Balances between $3m to $10m: Earnings attributable to this portion of the superannuation account are subject to an additional 15% tax (bringing the total to 30%)

  • Balances over $10m: Earnings attributable to this portion of the superannuation account are subject to an additional 25% tax (bringing the total to 40%)

The tax applies to your combined Total Superannuation Balance (TSB) across all of your superannuation accounts. This includes industry funds, retail funds, and Self-Managed Super Funds (SMSFs). The ATO estimates it will affect the top 0.5% of super holders in Australia (around 80,000 to 90,000 individuals)

– Completed

Holistic Cashflow allows for Contributions Tax adjustments to cater for Div296 modelling

Division 296 capital gains relief

1 July 202

– Legislated

  • This allows SMSFs to use the 30 June 2026 market value of their assets to work out capital gains in the future, rather than the original purchase price / cost base. This is only for Division 296 tax.

  • Normal fund tax will still be worked out exactly as it always is – using the normal cost base. It is only for SMSFs that formally opt in to the relief.

– Completed

Holistic Cashflow allows for Contributions Tax adjustments to cater for Div296 modelling

Division 296 Unrealised Capital Gains

– Removed

There was intention to tax Capital gains that had not been realized. This has been completely removed from the Final Div296 legislation.

N/A

Modules Updated

👉 The following Modules have been updated to reflect the latest Legislative Updates as of July 2025:

  • Fact Find

  • Holistic Cashflow

  • Reports > Calculators > Retirement Goal Calculator

  • Engagement Tools

  • Digital Advice (Scenarios)

  • Insurance Quoting & Research > Income Protection SG Calculator

Details of the Legislative Changes applied

Personal Tax Rates

Previous

01 July 2025 –

30 June 2026

Updated

01 July 2026 –

30 June 2027

Taxable Income

Tax on this income

Taxable Income

Tax on this income

$0 - $18,000

Nil

0 – $18,200

Nil

$18,201 - $45,000

16c for each $1 over $18,200

$18,201 – $45,000

15c for each $1 over $18,200

$45,000 - $135,000

$4,288 plus 30c for each $1 over $45,000

$45,001 – $135,000

$4,020 plus 30c for each $1 over $45,000

$135,001 - $190,000

$31,288 plus 37c for each $1 over $135,000

$135,001 – $190,000

$31,020 plus 37c for each $1 over $135,000

$180,000+

$51,638 plus 45c for each $1 over $190,000

$190,001 and over

$51,370 plus 45c for each $1 over $190,000

Medicare Levy

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Taxable Income Singles

Medicare Levy Rate

Taxable Income Singles

Medicare Levy Rate

Up to $27,222

Nil

Up to $28,011

Nil

$27,222 - $34,027

10% of taxable income between thresholds

$28,011 - $35,013

10% of taxable income between thresholds

Above $34,027

2% of taxable income

Above $35,013

2% of taxable income

Taxable Income Families

(combined income)

Medicare Levy Rate

Taxable Income Families

(combined income)

Medicare Levy Rate

Up to $45,907

Nil

Up to $47,238

Nil

$45,907 - $57,383

10% of taxable income between thresholds

$47,238 - $59,047

10% of taxable income between thresholds

Above $57,383

2% of taxable income

Above $59,047

2% of taxable income

Taxable Income Singles

(Eligible for Seniors and Pensioners Tax Offset)

Medicare Levy Rate

Taxable Income Singles

(Eligible for Seniors and Pensioners Tax Offset)

Medicare Levy Rate

Up to $43,020

Nil

Up to $44,268

Nil

$43,020 - $53,775

10% of taxable income between thresholds

$44,268 - $55,335

10% of taxable income between thresholds

Above $53,775

2% of taxable income

Above $55,335

2% of taxable income

Taxable Income Families

(combined income)

(Eligible for Seniors and Pensioners Tax Offset Medicare levy rate)

Medicare Levy Rate

Taxable Income Families

(combined income)

(Eligible for Seniors and Pensioners Tax Offset Medicare levy rate)

Medicare Levy Rate

Up to $59,886

Nil

Up to $61,623

Nil

$59,886 - $74,857

10% of taxable income between thresholds

$61,623 - $77,028

10% of taxable income between thresholds

Above $74,857

2% of taxable income

Above $77,028

2% of taxable income

Medicare Surcharge

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2025 – 30 Jun 2026

Taxable Income (Single)

Tax Bracket

Taxable Income (Single)

Surcharge

$101,000 or less

0%

$105,000 or less

0%

$101,001 – $118,000

1.00%

$105,001 – $123,000

1%

$118,001 – $158,000

1.25%

$123,001 – $164,000

1.25%

$158,001 or more

1.50%

$164,001 or more

1.50%

Taxable Income (Family)

Tax Bracket

Taxable Income (Family)

Surcharge

$202,000 or less

0%

$210,000 or less

0%

$202,001 – $236,000

1.00%

$210,001 – $246,000

1%

$236,001 – $316,000

1.25%

$246,001 – $328,000

1.25%

$316,001 or more

1.50%

$328,001 or more

1.50%

Personal Tax Offsets - Low Income Tax Offset (LITO)

Status: No Change

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Taxable Income (Single)

Tax Bracket

Taxable Income (Single)

Maximum Offset

$700

$700

Shade Out Threshold 1

$37,500

$37,500

Rate of Reduction

5c Per $1 above $37,500

5c Per $1 above $37,500

Shade Out Threshold 2

$45,000

$45,000

Rate of Reduction

1.5c Per $1 above $45,000

1.5c Per $1 above $45,000

Cut off Threshold

$66,667

$66,667

Effective Tax-Free Threshold

$22,575

$22,575

Personal Tax Offsets - Seniors and Pensions Tax Offset (SAPTO)

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Single

Maximum Offset

$2,230

$2,230

Shade Out Threshold

$34,919

$36,034

Rate of Reduction

12.5c per $1 above threshold

12.5c per $1 above threshold

Cut Out Threshold

$52,759

$53,874

Effective tax-free threshold

$35,813

$36,960

Couple (each)

Maximum Offset

$1,602

$1,602

Shade Out Threshold

$30,994

$31,847

Rate of Reduction

12.5c per $1 above threshold

12.5c per $1 above threshold

Cut Out Threshold

$43,810

$44,663

Effective tax-free threshold

$31,888

$32,773

Personal Tax Offsets - Spouse Contribution Tax Offset

Status: No change

Spouse Income

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Up to $37,000

Lower of

  • 18% the lower of (total spouse contributions for the income year)

OR

  • $3,000

Lower of

  • 18% the lower of (total spouse contributions for the income year)

OR

  • $3,000

$37,001 - $39,999

Lower of

  • 18%the lower of (total spouse contributions for the income year)

OR

  • $3,000 – (Spouse Income - $37,000)

Lower of

  • 18%the lower of (total spouse contributions for the income year)

OR

  • $3,000 – (Spouse Income - $37,000)

$40,000+

Nil

Nil

Superannuation - Contribution Caps and Tax Rates

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Concessional Contribution

$30,000

$32,500

Non-Concessional Contribution

Annually with AWOTE and rounded down to the nearest $2,500

Annually with AWOTE and rounded down to the nearest $2,500

Contribution Cap Excess

Prior 5 financial years of unused Concessional Contribution Cap

Prior 5 financial years of unused Concessional Contribution Cap

Transfer Balance Cap

$120,000

$130,000

Downsizer Cap

Indexed to 4 x Concessional Contribution Cap

Indexed to 4 x Concessional Contribution Cap

Tax Rate Super Accumulation

15%

15%

Tax Rate Super Pension

$2,000,000

$2,100,000

Superannuation - Government Co-Contribution

Previous

1 Jul 2024 –

30 Jun 2025

Updated

1 Jul 2025 –

30 Jun 2026

Taxable Income

Amount Payable

Taxable Income

Amount Payable

$0 - $47,488

Lesser of eligible contributions x:

  • 50%

  • $500

$0 - $49,293

Lesser of eligible contributions x:

  • 50%

  • $500

$47,488 - $62,488

Lesser of eligible contributions x:

  • 50%

  • $500 – reduced by 0.03333 per $1 greater than $47,488

  • Min amount payable is $20

$49,293 - $64,293

Lesser of eligible contributions x:

  • 50%

  • $500 – reduced by 0.03333 per $1 greater than $49,293

  • Min amount payable is $20

Superannuation - Low Income Super Tax Offset

Status: No Change

Previous

1 Jul 2025 –

30 Jun 2026

Updated

1 Jul 2026 –

30 Jun 2027

Taxable Income

Amount Payable

Taxable Income

Amount Payable

$37,000

Lesser of

  • 15% of Contribution

  • $500

  • Min amount payable $20

$37,000

Lesser of

  • 15% of Contribution

  • $500

  • Min amount payable $20

Superannuation - Contributions Tax for Higher Income Earnings (Div293)

Status: No Change

Previous

1 Jul 2025 –

30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Income Threshold

Tax Treatment

Income Threshold

Tax Treatment

$250,000

15% Applies to lesser of

  • Income above $250k

  • LTCs

$250,000

15% Applies to lesser of

  • Income above $250k

  • LTCs

📌​Income Assessed

The sum of an individual’s:

  • Taxable income (excluding the taxable component of a superannuation lump sum taxed at 0% i.e., the amount within the low rate cap and the assessable amount released under the First Home Super Saver Scheme)

  • Certain family trust distributions excluded from assessable income

  • Reportable fringe benefits total

  • Total net investment loss

  • Low tax contributions (see below)

Superannuation - Super Guarantee Rate

Status: No Change

Previous

1 July 2025 – 30 June 2026

Updated

1 Jul 2026 onwards

12%

12%

Superannuation – Account-Based Pension – Minimum Percentage Factors

Status: No Change

Age

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Under 65

4.00%

4.00%

65 – 74

5.00%

5.00%

75 - 79

6.00%

6.00%

80 – 84

7.00%

7.00%

85 – 89

9.00%

9.00%

90 - 94

11.00%

11.00%

95+

14.00%

14.00%

Superannuation - Tax Treatment on Lump Sum Member Benefits

Previous

Updated

Age

Tax Free

Taxed

Untaxed

Tax Free

Taxed

Untaxed

Under 59.99

0%

20%

30% Up to $1,865,000

45% above $1,865,000

0%

20%

30% Up to $1,935,000

45% above $1,935,000

60 and Over

0%

0%

15% Up to $1,865,000

45% above $1,865,000

0%

0%

15% Up to $1,935,000

45% above $1,935,000

Plus Medicare Levy

Superannuation - Tax Treatment on Income Stream Member Benefits

Status: No Change

Previous

Updated

Age

Tax Free

Taxed

Untaxed

Tax Free

Taxed

Untaxed

Under 59.99

0%

15%

MTR +Medicare Levy

0%

15%

MTR +Medicare Levy

60 and Over

0%

0%

MTR Less 10% Offset

0%

0%

MTR Less 10% Offset

Transition to Retirement Income Stream – Maximum Percentage Factors

Previous

1 Jul 2024 – 30 Jun 2025

Updated

1 Jul 2025 – 30 Jun 2026

Maximum annual payment

Maximum annual payment

10%

10%

Centrelink Thresholds

Age Pension Payment

Previous

20 September 2025 –

20 March 2026

Updated

20 March 2026 to 20 September 2026

Single

$1178.70 Fortnight

$1,200.90 Fortnight

Couple Combined

$888.50 Fortnight (each)

$905.20 Fortnight (each)

Asset Test Full Pension Threshold

Previous

1 July 2025 – 30 June 2026

Updated

1 July 2025 – 30 June 2027

Home Owner

Single

$321,500

$333,000

Couple Combined

$481,500

$499,000

Couple (Separated due to illness)

$481,500

$499,000

Couple (One partner eligible)

$481,500

$499,000

Non-Home Owner

Single

$579,500

$600,000

Couple Combined

$739,500

$766,000

Couple (Separated due to illness)

$739,500

$766,000

Couple (One partner eligible)

$739,500

$766,000

Reduction Rate

$78 per annum per $1,000 over full pension threshold

$78 per annum per $1,000 over full pension threshold

Asset Test Cut Out

Previous

20 March 2026 – 30 June 2026

Updated

1 July 2026 – 20 September 2026

Home Owner

Single

$722,000

$733,500

Couple Combined

$1,085,000

$1,102,500

Non-Home Owner

Single

$980,000

$1,000,500

Couple Combined

$1,343,000

$1,369,500

Income Test Full Pension Threshold

Previous

1 July 2024 - 30 June 2025

Updated

1 July 2024 - 30 June 2025

Single

$5,668

$5,876

Couple Combined

$9,880

$10,244

Couple Separated by Illness

$9,880

$10,244

Reduction Rate

$0.50 per annum per $1 over full pension threshold

$0.50 per annum per $1 over full pension threshold

Income Test Cut Out

Previous

20 March 2025 -

1 July 2025

Updated

1 July 2025

Single

$68,114.00

$68,530.80

Couple Combined

$104,020.80

$104,748.80

Couple Separated by Illness

$134,773.60

$135,501.60

Deeming Rates

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2026 – 30 Jun 2027

Single

Deeming Threshold

$64,200

$66,800

Rate Below Threshold

0.25%

0.25%

Rate Above Threshold

2.25%

2.25%

Couple

Deeming Threshold

$106,200

$110,600

Rate Below Threshold

0.25%

0.25%

Rate Above Threshold

2.25%

2.25%

Family Tax Benefit Part A

Previous

1 Jul 2025 – 30 Jun 2026

Updated

1 Jul 2025 – 30 Jun 2026

Income Threshold (Maximum Rate)

Per Annum

$66,722

$69,131

Reduction Rate (Maximum Rate)

Reduced by 20c per $1 over threshold

Reduced by 20c per $1 over threshold

For each Child under 13

$5,911.36

$6,122.48

For each Child under 13 – 15

$7,691.32

$7,967.96

For each Child under 16 – 19

$7,691.32

$7,967.96

Income Threshold (Base Rate)

$118,771

$123,078

Reduction Rate (Base Rate)

Reduced by 30c per $1 over threshold

Reduced by 30c per $1 over threshold

For each Child under 13

$1,896.44

$1,965.60

For each Child under 13 – 15

$1,896.44

$1,965.60

For each Child under 16 – 19

$1,896.44

$1,965.60

Child in Approved Care Organisation 0 - 19

N/A

N/A

FTB Part Supplement

$938.05 Per Child (where family income is $80,000 or less)

$970.90 Per Child (where family income is $80,000 or less)

Multiple Birth Allowance

  • $5,110.56 for triplets

  • $6,810.44 for quadruplets or more

  • $5,296.02 for triplets

  • $7,057.96 for quadruplets or more

Family Tax Benefit Part B

Previous

1 Jul 2024 – 30 Jun 2025

Updated

1 Jul 2025 – 30 Jun 2026

Phase Out threshold (secondary earner)

$6,935

$7,154

Cut Out Threshold (secondary earner, youngest child under 5)

$34,438

$35,661

Cut Out Threshold (secondary earner, youngest child 5-13)

$26,828

$27,777

Cut out threshold – primary earner / sole parent

$120,007

$124,327

Reduction Rate

Max rate reduced by 20c per $1 above secondary earners phase out threshold

Max rate reduced by 20c per $1 above secondary earners phase out threshold

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