Budget 2026-27: 50% CGT discount replaced with indexation from 1 July 2027 💰 Treasury May 2026 Budget 2026-27: 30% minimum tax on capital gains from 1 July 2027 💰 Treasury May 2026 Budget 2026-27: Negative gearing limited to new residential builds from 1 July 2027 💰 Treasury May 2026 Budget 2026-27: Negative gearing losses on established properties quarantined to residential property income only 💰 Treasury May 2026 Budget 2026-27: Existing properties held before 12 May 2026 grandfathered – negative gearing unchanged 💰 Treasury May 2026 Budget 2026-27: New build exemption preserves negative gearing for properties that add housing supply 💰 Treasury May 2026 Budget 2026-27: 30% minimum tax on discretionary trust distributions from 1 July 2028 💰 Treasury May 2026 Budget 2026-27: Bucket companies face effective tax rate of up to 63% on trust distributions 💰 Treasury May 2026 Budget 2026-27: Bucket company double taxation risk – trustee pays 30%, company taxed again on full distribution 💰 Treasury May 2026 Budget 2026-27: Corporate beneficiaries cannot claim credits for trustee-level tax paid 💰 Treasury May 2026 Budget 2026-27: Income splitting via bucket companies materially undermined by trust tax changes 💰 Treasury May 2026 Budget 2026-27: Rollover relief available from 1 July 2027 to restructure out of discretionary trusts 💰 Treasury May 2026 Budget 2026-27: $250 Working Australians Tax Offset introduced 💰 Treasury May 2026 Budget 2026-27: $1,000 instant tax deduction for work-related expenses from 2026-27 💰 Treasury May 2026 Budget 2026-27: $20,000 instant asset write-off for small business made permanent 💰 Treasury May 2026 Budget 2026-27: $745.1 million to strengthen Medicare integrity and combat fraud 💰 Treasury May 2026 Budget 2026-27: $86.3 million for Phase 2 Counter Fraud Strategy 💰 Treasury May 2026 Budget 2026-27: $17.8 million for ASIC to enhance managed investment scheme oversight 💰 Treasury May 2026 Budget 2026-27: $136.1 million to complete business registers stabilisation 💰 Treasury May 2026 Budget 2026-27: Tax rate on $18,201-$45,000 income drops to 15% from 1 July 2026 💰 Treasury May 2026 Budget 2026-27: Inflation forecast to reach 5% by mid-2026 due to global oil shock 💰 Treasury May 2026 Budget 2026-27: Australia's gross debt forecast to reach $1.05 trillion by June 2027 💰 Treasury May 2026 Budget 2026-27: Projected deficit of $31.5 billion for 2026-27 💰 Treasury May 2026 LISTO income threshold rises to $45,000 with max payment $810 from 1 July 2027 💰 Treasury May 2026 Superannuation assets exempt from CGT discount changes 💰 Treasury May 2026 Paid Parental Leave extended to 26 weeks with super contributions from 1 July 2026 💰 Treasury May 2026 Division 296: 30% tax on super earnings above $3M, 40% above $10M from 1 July 2026 📋 ATO May 2026 Payday Super: Employers must pay super within 7 days of payday from 1 July 2026 📋 ATO May 2026 Concessional super cap rises to $32,500, non-concessional to $130,000 from 1 July 2026 📋 ATO May 2026 ATO given new powers to pause tax debt recovery for victims of fraud by intermediaries 📋 ATO May 2026 ATO to recover tax debts directly from fraudulent tax intermediaries 📋 ATO May 2026 ATO garnishee powers expanded to include jointly held assets 📋 ATO May 2026 ATO: Targeted compliance on R&D Tax Incentive fraud over next two years 📋 ATO May 2026 ATO: Transfer balance cap increases to $2.1 million from 1 July 2026 📋 ATO Mar 2026 ATO: Operation Protego – former ATO employees sentenced for GST fraud 📋 ATO Feb 2026 ATO: 200+ SMSF auditor reviews completed, 41 referrals to ASIC 📋 ATO Dec 2025 ASIC receives $10.3M to enhance data supervision of managed investment schemes ⚖️ ASIC May 2026 ASIC: Private capital enforcement focus continues through 2026 ⚖️ ASIC May 2026 ASIC: Civil penalty proceedings against nearly two dozen defendants in Shield collapse ⚖️ ASIC Apr 2026 ASIC: DDO stop orders issued against private credit funds over TMD deficiencies ⚖️ ASIC Mar 2026 ASIC: Actions against 28 SMSF auditors – 22 registrations cancelled ⚖️ ASIC Mar 2026 ASIC: Urgent cyber security warning against frontier AI threats ⚖️ ASIC Feb 2026 ASIC: NSW construction director disqualified for five years ⚖️ ASIC Jan 2026 ASIC: Review commenced into advice licensees using lead generation services ⚖️ ASIC Dec 2025

"Our Australian way of life is only possible because we have robust tax and superannuation systems". - The ATO

Thank you

for visiting 

iqCron Accounting!

[Scan or click to begin]

You have earned it!

We'll help you keep it!

 

[P.S: Of course, within the intent of the law!] 

 

Start Service Request

(Lets fast track your tax-return prep
by starting the service request above)

 

Bookkeeping from $130

Tax Consultation from $110

Basic Tax Returns from $110

Standard Tax Returns from $160

Basic Business Tax Returns from $330

(Quotes above are indicative only and inclusive of GST. Ts&Cs apply.)

Our Services

Tax Return Preparation and Lodgment

👉 Early evening appointments available* 

👉 Get it done - over the phone,

online or in-person**

👉 Open Sundays

 

iqCron Accounting is an oasis of boutique tax consultancy, preparation and lodgment services. Right off the start, to prepare and lodge your tax returns, you will be receiving the expert registered tax agent's advice and assistance, and not the associate's. Our tax return preparation and lodgment services include but not limited to: yearly tax returns, prior year overdue and complex tax returns for multiple years, business activity statement (BAS), instalment activity statement (IAS), pay-as-you-go withholding (PAYGW), single touch payroll (STP) compliance, superannuation guarantee charge (SGC) compliance, fringe benefit tax (FBT), capital gain tax (CGT) on sale of assets, shares, collectables, crypto-currencies, non-fungible tokens (NFTs), managed funds and investment/rental property; tax amendments, tax return for minors, tax return for deceased estate and so on. Our services are dedicated for taxpayers including individuals, contractors, sole traders, partnerships, trusts, company, SMSF and small businesses. 

Accounting, Bookkeeping and Tax Compliance

 

There are accountants and there are tax-accountants! Know the difference...! Is your existing accountant keeping your books or recording your transactions tax-wise?!! Are you struggling to keep up with those complex and expensive online bookkeeping and payroll software?!! Escape the stress of that unexpected tax-audit by letting us keep and record it tax-wise for you before it's too late. We can fix those incorrect rules of your existing accounting system or if possible we can even switch you back to old-school Excel bookkeeping and be tax compliant! Let your accounting, bookkeeping and all tax compliance a breeze through iqCron Accounting! 

Tax-Planning, Amendments and Audit Assistance 

 

None should evade tax. However, one has the right to keep their taxes to a minimum by doing the 'right things' from the start of the financial year. This is often referred to as tax planning. Tax planning is legitimate when you do it within the intent of the law. Hence, knowing those 'right things' in compliance with the relevant tax laws, general anti-avoidance rule (GAAR) and so on can make a vital difference. Tax minimisation is hardly achievable at the end of the financial year when all opportunities are missed since the right tax planning was not in place from the start. This is where the recommendations from an expert can come into play. Let iqCron Accounting navigate your books of incomes and expenses for tax minimisation, business analysis and growth. As a registered tax agent, we can act on your behalf to the ATO and assist you in arranging, preparing and submitting the required documentations for your tax return amendments and/or if you are being reviewed or audited by the ATO.

 

ABN, ACN, Company and Trust Registration Support

 

Whether it is your first ABN/GST/TFN registration or the formation of your trust or company with an ACN, iqCron Accounting can guide you with its registration procedure as per your instructions and information; guaranteeing an affordable and competitive fee without compromising the due care and service quality. We can also assist you in ASIC related secretarial tasks (i.e updating company details, share structures and shareholders' details) on behalf of your company as your registered ASIC agent.