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Karia

Changelog #2026-07-01

🇦🇺 New FY26/27 Australian Tax Rates

Happy New Financial Year! To help you kick off the 2026/27 season smoothly, we’ve updated the system with the latest Australian Taxation Office (ATO) rates. You don't need to lift a finger—the new values for quoting, GST, and tax calculations are already live and ready to use.

Max Claimable GST

There is a new limit for the maximum amount of GST you can claim on vehicles for this financial year.

Max Claimable GST: $6,353

Source: https://www.ato.gov.au/businesses-and-organisations/gst-excise-and-indirect-taxes/gst/in-detail/your-industry/motor-vehicle-and-transport/gst-and-motor-vehicles/purchasing-a-motor-vehicle

Luxury Car Tax (LCT) Thresholds

The thresholds for Luxury Car Tax have been adjusted. Here are the new limits based on the vehicle category:

Source: https://www.ato.gov.au/tax-rates-and-codes/luxury-car-tax-rate-and-thresholds

Income Tax Rates

Individual income tax brackets have been updated for the new year. The system will use these rates to calculate tax obligations accurately.

Source: https://www.ato.gov.au/about-ato/new-legislation/in-detail/individuals/personal-income-tax-new-tax-cuts-for-every-australian-taxpayer

PAYG Weekly Coefficients

For those handling payroll, we've updated the weekly tax coefficients used to calculate withholding amounts.

Source: https://www.ato.gov.au/tax-rates-and-codes/payg-withholding-schedule-1-statement-of-formulas-for-calculating-amounts-to-be-withheld/coefficients-to-use-in-formulas-for-withholding-from-weekly-payments

If you have any questions about how these changes affect your current quotes, feel free to reach out to our support team!

Fixes and Improvements

  • Added Westpac and CommBank(CBA) to the available list Financiers in Sales.

  • Fixed an issue with Contact validation on max length not being applied for surname.

  • Fixed a performance issue when filtering deals via contact