Business

‘Very poorly thought out’: Minimum trust tax to sting low- to middle-income...

A tax agent has argued that the proposed trust tax legislation will “almost exclusively” hurt low- to middle-income...

29 September 2026 • By Malavika Santhebennur

more from tag

Business

Trust tax advice bill could balloon to $2.8bn: CPA Australia

The accounting body has warned that taxpayers could incur up to $2.8 billion in professional advice costs just to...

25 September 2026 • By Malavika Santhebennur

Business

Business tax reform is red tape ‘for no good reason’

The CGT and trust tax reform will bring more compliance hurdles, paperwork, and tax planning for small businesses but...

25 September 2026 • By Malavika Santhebennur

Business

‘Suddenly they’re worried about complexity? That’s a cop out’: Tax Institute

A tax counsel has condemned the government’s trust tax proposal and the continued denial of the minimum tax offset to...

25 September 2026 • By Malavika Santhebennur

Business

‘There’ll be a crisis point’: 26-year backtrack prediction on 30% minimum...

One tax lawyer has said that the “astronomically complex” discretionary trust tax proposal from the Albanese...

24 September 2026 • By Carlos Tse

Business

Lawyer questions whether government wants tax reform feedback

Rushed legislation and short consultation windows for the tax system overhaul have one lawyer wondering whether the...

23 September 2026 • By Malavika Santhebennur

Business

Tax reform tranches bring uncertainty, extra costs

A professional body has slammed the current tax reform process, including the second tranche of amendments, and called...

21 September 2026 • By Malavika Santhebennur

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

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

Tax

Minimum tax on trusts another masterclass in inept tax reform

The release of the minimum tax for discretionary trusts legislation is the latest instalment following the radical tax...

04 September 2026 • By Matthew Burgess, View Legal

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

Tax

Accountants slam government’s rationale for trust tax

An accounting firm has urged the government to defer its minimum tax on trusts and to resume the rewrite of the trust...

12 August 2026 • By Carlos Tse

Tax

Minimum tax on discretionary trusts: what it will really cost your clients

The 30 per cent floor lands hardest on the beneficiaries least able to bear it.

06 August 2026 • By Robyn Jacobson, NTAA

Business

Pitcher Partners proposes ‘withholding model’ alternative to Treasury’s regime

Pitcher Partners has lodged a detailed submission in response to the consultation paper and has proposed an...

06 August 2026 • By Matthew Taylor

Tax

Discretionary trust tax: a new barrier to Australia's housing supply

The Housing Industry Association has lodged its submission to Treasury's consultation on the proposed minimum tax on...

06 August 2026 • By Matthew Taylor

Business

80 years of discretionary trust use undermined by trust tax changes: CPA

Citing individual restructuring costs of up to $23,000 and a national burden of nearly $2.5 billion per annum, the...

04 August 2026 • By Carlos Tse