All of the latest tax news, views and clues for November 2025.
This Alert addresses:
- What’s the difference between the Medicare levy and the Medicare levy surcharge? – Many people getting their tax notice of assessment wonder why they see amounts for the Medicare levy and Medicare levy surcharge.
- Family Tax Benefit and your tax return: common misunderstandings – Despite its name, Family Tax Benefit isn’t a tax refund or tax deduction, but a social security benefit to help with everyday costs like food, education, clothing and other child-rearing expenses.
- Start your year-end payroll, tax and employee leave planning now – Whether you’re gearing up for a rush or planning a shutdown, early planning for the upcoming end-of-year holiday period is key.
- The truth about FBT and your business’s work ute – You may have heard that providing a dual cab ute for employees to use in their work duties is automatically exempt from FBT, but believing this myth could leave you with an unexpected tax bill.
- Next step for payday super: legislation introduced to Parliament – The new laws still need to pass through the House of Representatives and the Senate, but you shouldn’t wait to start planning for payday super.
Important: This is not advice. Clients should not act solely on the basis of the material contained in this Tax Alert. Items herein are general comments only and do not constitute or convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that our formal advice be sought before acting in any of the areas. The Tax Alert is issued as a helpful guide to clients and for their private information. Articles in the Tax Alert are not to be republished or reproduced for further distribution without requesting permission from HLB Mann Judd. Therefore it should be regarded as confidential and not be made available to any person without our prior approval.