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.
Please see below the specifics of these updates and how they will enhance your advisory practice.
Modules Updated
👉 The following Modules have been updated to reflect the latest Legislative Updates as of July 2025:
Fact Find
Holistic Cashflow
Cashflow 2.0
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 | 1 July 2024 – 30 June 2025 | Updated | 01 July 2025 – 30 June 2026
|
Taxable Income | Tax on this income | Taxable Income | Tax on this income |
$0 - $18,000 | Nil | 0 – $18,200 | Nil |
$18,201 - $45,000 | 16.0% | $18,201 – $45,000 | 16c for each $1 over $18,200 |
$45,000 - $135,000 | 30.0% | $45,001 – $135,000 | $4,288 plus 30c for each $1 over $45,000 |
$135,001 - $190,000 | 37.0% | $135,001 – $190,000 | $31,288 plus 37c for each $1 over $135,000 |
$180,000+ | 45.0% | $190,001 and over | $51,638 plus 45c for each $1 over $190,000 |
Medicare Levy
Previous | 1 Jul 2024 – 30 Jun 2025 | Updated | 1 Jul 2025 – 30 Jun 2026 |
Taxable Income Singles | Medicare Levy Rate | Taxable Income Singles | Medicare Levy Rate |
Up to $24,276 | Nil | Up to $27,222 | Nil |
$26,001 - $32,500 | 10% of taxable income between thresholds | $27,222 - $34,027 | 10% of taxable income between thresholds |
Above $32,500 | 2% of taxable income | Above $34,027 | 2% of taxable income |
Taxable Income Families(combined income) | Medicare Levy Rate | Taxable Income Families(combined income) | Medicare Levy Rate |
Up to $43,846 | Nil | Up to $45,907 | Nil |
$43,847 - $54,807 | 10% of taxable income between thresholds | $45,907 - $57,383 | 10% of taxable income between thresholds |
Above $32,500 | 2% of taxable income | Above $57,383 | 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 $41,089 | Nil | Up to $43,020 | Nil |
$41,090 - $51,361 | 10% of taxable income between thresholds | $43,020 - $53,775 | 10% of taxable income between thresholds |
Above $51,361 | 2% of taxable income | Above $53,775 | 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 $57,198 | Nil | Up to $59,886 | Nil |
$57,199 - $71,497 | 10% of taxable income between thresholds | $59,886 - $74,857 | 10% of taxable income between thresholds |
Above $71,497 | 2% of taxable income | Above $74,857 | 2% of taxable income |
Medicare Surcharge
Previous | 1 Jul 2024 – 30 Jun 2025 | Updated | 1 Jul 2025 – 30 Jun 2026 |
Taxable Income (Single) | Tax Bracket | Taxable Income (Single) | Surcharge |
$0 - $97,000 | Nil | $101,000 or less | 0% |
$97,001 - $113,000 | 1.00% | $101,001 – $118,000 | 1% |
$113,001 - $151,000 | 1.25% | $118,001 – $158,000 | 1.25% |
$151,000+ | 1.50% | $158,001 or more | 1.50% |
Taxable Income (Family) | Tax Bracket | Taxable Income (Family) | Surcharge |
$0 - $194,000 | Nil | $202,000 or less | 0% |
$194,001 - $226,000 | 1.00% | $202,001 – $236,000 | 1% |
$226,001 - $302,000 | 1.25% | $236,001 – $316,000 | 1.25% |
$302,000+ | 1.50% | $316,001 or more | 1.50% |
Personal Tax Offsets - Low Income Tax Offset (LITO)
| Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
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)
| Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
Single |
|
|
Maximum Offset | $2,230 | $2,230 |
Shade Out Threshold | $34,919 | $34,919 |
Rate of Reduction | 12.5c per $1 above threshold | 12.5c per $1 above threshold |
Cut Out Threshold | $52,759 | $52,759 |
Effective tax-free threshold | $35,813 | $35,813 |
Couple (each) |
|
|
Maximum Offset | $1,602 | $1,602 |
Shade Out Threshold | $30,994 | $30,994 |
Rate of Reduction | 12.5c per $1 above threshold | 12.5c per $1 above threshold |
Cut Out Threshold | $43,810 | $43,810 |
Effective tax-free threshold | $31,888 | $31,888 |
Personal Tax Offsets - Spouse Contribution Tax Offset
Spouse Income | Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
Up to $37,000 | Lower of
OR
| Lower of
OR
|
$37,001 - $39,999 | Lower of
OR
| Lower of
OR
|
$40,000+ | Nil | Nil |
Superannuation - Contribution Caps and Tax Rates
| Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
Concessional Contribution | $30,000 | $30,000 |
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 | $120,000 |
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 | $1,900,000 | $2,000,000 |
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 - $45,400 | Lesser of eligible contributions x:
| $0 - $47,488 | Lesser of eligible contributions x:
|
$45,400 - $60,400 | Lesser of eligible contributions x:
| $47,488 - $62,488 | Lesser of eligible contributions x:
|
Superannuation - Low Income Super Tax Offset
Previous | 1 Jul 2024 – 30 Jun 2025 | Updated | 1 Jul 2025 – 30 Jun 2026 |
Taxable Income | Amount Payable | Taxable Income | Amount Payable |
$37,000 | Lesser of
| $37,000 | Lesser of
|
Superannuation - Contributions Tax for Higher Income Earnings (Div293)
Previous | 1 Jul 2024 – 30 Jun 2025 | Updated | 1 Jul 2025 – 30 Jun 2026 |
Income Threshold | Tax Treatment | Income Threshold | Tax Treatment |
$250,000 | 15% Applies to lesser of
| $250,000 | 15% Applies to lesser of
|
📌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
Previous1 July 2024 – 30 June 2025 | Updated1 Jul 2025 onwards |
11.50% | 12% |
Superannuation - Account Based Pension – Minimum Percentage Factors
Age | Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
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 $1,650,000 45% Above $1,650,000 | 0% | 20% | 30% Up to $1,780,000 45% above $1,780,000 |
60 and Over | 0% | 0% | 15% Up to $1,650,000 45% Above $1,650,000 | 0% | 0% | 15% Up to $1,780,000 45% above $1,780,000 |
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% | 20% | MTR +Medicare Levy | 0% | 20% | 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
Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
Maximum annual payment | Maximum annual payment |
10% | 10% |
Centrelink Thresholds
Age Pension Payment | Previous20 March 2025 – 1 July 2025 | Updated1 July 2025 |
Single | $1,144.0 Fortnight | $1,149.00 Fortnight |
Couple Combined | $862.60 Fortnight | $866.10 Fortnight |
Asset Test Full Pension Threshold | Previous1 July 2024 – 30 June 2025 | Updated1 July 2025 |
Home Owner |
|
|
Single | $314,000 | $321,500 |
Couple Combined | $470,000 | $481,500 |
Couple (Separated due to illness) | $470,000 |
|
Couple (One partner eligible) | $470,000 |
|
Non-Home Owner |
|
|
Single | $566,000 | $579,500 |
Couple Combined | $722,000 | $739,500 |
Couple (Separated due to illness) | $722,000 | $739,500 |
Couple (One partner eligible) | $722,000 | $739,500 |
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 | Previous20 March 2025 - 1 July 2025 | Updated1 July 2024 - 30 June 2025 |
Home Owner |
|
|
Single | $697,000 | $704,500 |
Couple Combined | $1,047,500 | $1,059,000 |
Non-Home Owner |
|
|
Single | $949,000 | $962,500 |
Couple Combined | $1,299,500 | $1,317,000 |
Income Test Full Pension Threshold | Previous1 July 2024 - 30 June 2025 | Updated1 July 2024 - 30 June 2025 |
Single | $5,512 | $5,668 |
Couple Combined | $9,672 | $9,880 |
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 | Previous20 March 2025 - 1 July 2025 | Updated1 July 2025 |
Single | $65,416.00 | $65,416.00 |
Couple Combined | $99,954.40 | $99,954.40 |
Deeming Rates
| Previous1 Jul 2025 – 30 Jun 2026 | Updated1 Jul 2025 – 30 Jun 2026 |
Single |
|
|
Deeming Threshold | $64,200 | $64,200 |
Rate Below Threshold | 0.25% | 0.25% |
Rate Above Threshold | 2.25% | 2.25% |
Couple |
|
|
Deeming Threshold | $106,200 | $106,200 |
Rate Below Threshold | 0.25% | 0.25% |
Rate Above Threshold | 2.25% | 2.25% |
Family Tax Benefit Part A
| Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
Income Threshold (Maximum Rate)Per Annum | $65,189 | $66,722 |
Reduction Rate (Maximum Rate) | Reduced by 20c per $1 over threshold | Reduced by 20c per $1 over threshold |
For each Child under 13 | $5,788.90 | $5,911.36 |
For each Child under 13 – 15 | $7,529.95 | $7,691.32 |
For each Child under 16 – 19 | $7,529.95 | $7,691.32 |
Income Threshold (Base Rate) | $115,997 | $118,771 |
Reduction Rate (Base Rate) | Reduced by 30c per $1 over threshold | Reduced by 30c per $1 over threshold |
For each Child under 13 | $1,857.85 | $1,896.44 |
For each Child under 13 – 15 | $1,857.85 | $1,896.44 |
For each Child under 16 – 19 | $1,857.85 | $1,896.44 |
Child in Approved Care Organisation 0 - 19 | N/A | N/A |
FTB Part Supplement | $916.15 Per Child (where family income is $80,000 or less) | $938.05 Per Child (where family income is $80,000 or less) |
Multiple Birth Allowance |
|
|
Family Tax Benefit Part B
| Previous1 Jul 2024 – 30 Jun 2025 | Updated1 Jul 2025 – 30 Jun 2026 |
Phase Out threshold (secondary earner) | $6,789 | $6,935 |
Cut Out Threshold (secondary earner, youngest child under 5) | $33,653 | $34,438 |
Cut Out Threshold (secondary earner, youngest child 5-13) | $26,207 | $26,828 |
Cut out threshold – primary earner / sole parent | $117,194 | $120,007 |
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 |