BLOGS

Sarah was over the moon when she completed her MBA — a milestone achieved only after juggling her full-time role at the Department of Defence, countless late-night study sessions, and weekend group projects. She expected her greatest reward to be career progression. But as she began preparing her tax return, another question emerged: “Can I claim my MBA fees as a tax deduction?” It’s a question thousands of professionals ask every year. MBA programs, leadership courses and po

Kevin had just turned 21. Having worked from a young age, he was eager to purchase his first home, but his savings were not enough to meet the deposit requirements. Knowing the family’s SMSF had a healthy balance, he asked his mother whether he could borrow money from the fund — and whether the SMSF could be used as security for his bank loan. Julie, a director of the fund’s corporate trustee, naturally wanted to support her son. However, both requests were strictly prohibite

As we move toward 2026, the regulatory landscape for Australian businesses and investors is tightening significantly. A series of new ATO rulings, legislative reforms, and compliance expectations will reshape how employers manage payroll, how property deductions are claimed, and how private groups structure their affairs. This edition of BPTAX Insights highlights the developments that matter most to SMEs, property investors, and advisers, and outlines the actions you should t