Companies

Taxy

07 August 2026 • By [email protected]

more from tag

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

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

Tax

Minimum trust tax to 'disproportionately' penalise those on modest incomes: NTAA

Analysis by the association has demonstrated how the 30 per cent minimum trust tax will impact beneficiaries with...

05 August 2026 • By Miranda Brownlee

Business

Greater impacts in trust tax changes for lower, middle-income beneficiaries:...

In its submission, the FAAA has stressed that the discretionary trust tax changes will have greater impacts not only...

05 August 2026 • By Carlos Tse

Tax

Under the Hood: What people get wrong about Australia’s tax residency rules

This week on UTH, Emma is joined by Craig Robinson, KPMG workforce and innovation partner, to break down common...

04 August 2026 • By Robyn Tongol

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

Tax

'They haven’t looked at all the alternatives': IPA calls for rethink of...

The Institute of Public Accountants has welcomed the opportunity to provide feedback on the Minimum tax on...

04 August 2026 • By Matthew Taylor

Tax

Abandon discretionary trust changes, prioritise trust taxation review, lawyer...

One legal expert has called on Treasury to abandon its discretionary trust tax changes and to overhaul the trust...

03 August 2026 • By Carlos Tse

Tax

Look before leaping amid property tax changes

One tax expert breaks down what taxpayers and accountants must know amid property tax changes on an Under the Hood...

31 July 2026 • By Carlos Tse

Tax

Rushing your tax? Why early birds aren’t getting the worm come tax time

The Tax Office has reminded taxpayers to slow down at the start of tax time, warning that rushing to lodge can lead to...

30 July 2026 • By Matthew Taylor

Regulation

Tax ombudsman releases review on ATO bias risk

A review by the tax ombudsman has found that the ATO must do more to guard against bias, with some ATO processes...

28 July 2026 • By Miranda Brownlee

Business

Taxpayer given 35% penalty for BAS recklessness

Following an application for a refund of nearly $94,000, the Administrative Review Tribunal has set aside an...

28 July 2026 • By Carlos Tse

Business

Film director with $130k income tax debt gets relief

A 76-year-old former documentary producer has had a third of his nearly $130,000 in income tax released on the basis...

27 July 2026 • By Carlos Tse

Business

TPB publishes finalised guidance on AI for tax practitioners

The board has released a guidance statement to assist registered tax practitioners in understanding how their existing...

24 July 2026 • By Matthew Taylor

Tax

Federal Court issues orders against unregistered tax preparer

The court has found that an unregistered tax preparer breached the civil penalty provisions by providing services that...

24 July 2026 • By Miranda Brownlee

Tax

Dusting off the covers: old, outstanding individual income tax returns a...

New work has landed on the paper pile for accountants, with one tax agent being notified of a client’s 20-year-old...

23 July 2026 • By Carlos Tse

Business

‘Income tax by another name’: Medicare levy adds 2% to minimum trust tax

One tax expert has called the Medicare levy an "income tax by another name", and has stressed that the 30 per cent...

22 July 2026 • By Carlos Tse