Business

Tax reform uncertainty causing decision ‘paralysis’

A tax specialist has urged the government to provide certainty over its proposed tax reforms as the industry awaits...
14 October 2026 • By Malavika Santhebennur

more from tag

Business

Is this the ‘optimal path’?: Trust tax reform creates burdensome system

A tax lawyer wonders if the government could have taken a simpler path to achieve its discretionary trusts objectives.
12 October 2026 • By Malavika Santhebennur
Business

Minimum tax on discretionary trusts: the draft law lands, and the concerns...

Four bills, 16 days of consultation, and legislation expected just days away. What practitioners need to know now.
09 October 2026 • By Robyn Jacobson, National Tax & Accountants' Association
Business

Tax reform measures risk adding to red tape burden: CPA Australia

As the release of the Red Tape Reduction Review is awaited, the accounting body said it is hard to reconcile adding...
09 October 2026 • By Malavika Santhebennur
Business

‘ALP has never liked trusts’: Government denounced for rushing trust tax reform

The government has failed to “dot their i’s and cross their t’s” in their discretionary trust tax proposals and...
08 October 2026 • By Malavika Santhebennur
Business

Tax reforms leave accountants, clients in planning ‘limbo’

A tax adviser has shared how his accounting firm is grappling with the complexity and uncertainty around the...
07 October 2026 • By Malavika Santhebennur
Business

‘We don’t have crystal balls’: Trust tax rigidity causing angst

The lack of flexibility in the trust tax legislation is a major concern for accountants and is going to require some...
06 October 2026 • By Malavika Santhebennur
Tax

Government needs legal counsel on its ‘tax on the poor’, lawyer says

One tax lawyer is questioning whether the government knows what a trust really is, highlighting the unnecessary...
01 October 2026 • By Carlos Tse
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
Business

Leave small businesses alone in trust tax, building body says

Master Builders Australia has called for small businesses to be grandfathered from the proposal to impose a minimum...
29 September 2026 • By Malavika Santhebennur
Business

State government pushback likely on trust tax stamp duty

The director of an accounting firm has called out the federal government for “prescribing” stamp duty implications of...
28 September 2026 • By Malavika Santhebennur
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