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

‘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

Business

Tax reform consultation process ‘worries me’, specialists say

The president of The Tax Institute and a lawyer have questioned the authenticity of the government’s consultation...

08 September 2026 • By Malavika Santhebennur

Business

Submission urges carve-out for new builds from SMSF LRBA ban

A joint submission has put forward five options to the government on the recent LRBA ban on residential property,...

08 September 2026 • By Malavika Santhebennur

Business

Concern, confusion skyrocket among accountants post-budget

A new survey has laid bare the level of concern accountants have about the compliance headaches the federal budget...

18 August 2026 • By Malavika Santhebennur

Business

CGT apportionment measure puts valuations front and centre: IPA

Taxpayers will need to weigh up whether to obtain a formal valuation of their assets or opt for the apportionment...

17 August 2026 • By Malavika Santhebennur

Tax

Budget backflip on testamentary trusts not all that it seems

By confusing taxpayers into actively avoiding taking any estate planning steps until the proposals are finalised,...

23 June 2026 • By Matthew Burgess

Tax

Labor changes course on trust changes, CGT concessions, increased turnover...

The prime minister and treasurer have made changes to previously announced budget measures, with new tax concessions...

18 June 2026 • By Carlos Tse

Tax

Budget changes support case for charitable giving before 30 June

Australians considering charitable giving before the end of the financial year should not be deterred by the proposed...

12 June 2026 • By Amelia McNamara

Business

CGT thresholds no longer reflect the realities of small business: COSBOA

Small business owners highlight the damaging effects of the federal budget’s CGT changes, with one owner wondering...

01 June 2026 • By Carlos Tse

Tax

The inherent complications of ‘rushed’ tax reform

CA ANZ and The Tax Institute have expressed reservations over the most significant change to the Australian tax system...

01 June 2026 • By Matthew Taylor

Business

‘The uncertainty is the killer’: the consultation gap and lack of clarity in...

Tax experts have slammed the cloudiness of federal budget announcements, citing a lack of information, uncertainty,...

29 May 2026 • By Carlos Tse

Tax

Small businesses need better tax certainty: COSBOA

The nation’s council for small businesses has urged the government to provide greater protection for small businesses...

28 May 2026 • By Carlos Tse

Business

Trust tax proposal built on ‘false assumption’: Pitcher Partners

The Albanese government’s 30 per cent minimum tax rate on discretionary trusts represents one of the most significant...

26 May 2026 • By Matthew Taylor

Tax

Albo is not your new business partner: tax specialist dispels meme myths

Internet memes depicting Prime Minister Anthony Albanese as a “business partner” with a 47 per cent stake in...

22 May 2026 • By Carlos Tse

Tax

Trust tax minimum killing bucket companies, causing small businesses to suffer

Accountants are not coming out as winners, but scapegoats at the hands of the government’s 30 per cent minimum tax on...

21 May 2026 • By Naomi Neilson

Tax

2026 budget signals fundamental shift in wealth strategy

The federal budget 2026 may ultimately be remembered as one of the most significant turning points in Australian...

21 May 2026 • By Altus Financial