Business

Business

Trust tax penalty a ‘punishment’ for small businesses

A 47 per cent tax treatment for family businesses that elect into a new regime as an alternative to restructuring...

18 September 2026 • By Malavika Santhebennur

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Business

Early-bird tax savings: are partition arrangements made now the solution to...

Entering a partition arrangement early could save joint property owners looking to subdivide from a significant tax...

17 September 2026 • By Carlos Tse

Business

Former Altezza Partners co-owner joins Brisbane firm

Matthew Smith has departed Prime Financial Group after 13 years to join a chartered accounting and financial services...

17 September 2026 • By Malavika Santhebennur

Business

Taxpayers’ NZ properties not safe in $2.4m legal expenses recovery action

Taxpayers have failed in their interlocutory application against the Commissioner of Taxation to protect their New...

16 September 2026 • By Carlos Tse

Business

Treasury floats giving ATO monthly PAYG determination power

New draft legislation to allow monthly PAYG would require those who have failed to meet their tax obligations to...

16 September 2026 • By Malavika Santhebennur

Business

Tax specialist exposes ‘biggest’ weakness in trust tax reform

Families considering the proposed fixed distribution alternative would need to “think much further ahead,” as today’s...

16 September 2026 • By Malavika Santhebennur

Business

‘A lot more work and headaches’: small practitioner blasts trust tax reforms

The proposed discretionary trust tax changes will burden small practitioners with significant costs that they may not...

15 September 2026 • By Malavika Santhebennur

Business

Settle stamp duty treatment before trust tax rules start

CPA Australia has argued that the proposal to allow businesses to elect to make fixed distributions to pre-nominated...

15 September 2026 • By Malavika Santhebennur