Tax

Tax

Federal budget confirms major tax changes to trusts, CGT

The government has outlined the details of its proposed 30 per cent minimum tax on discretionary trusts, as well as...
12 May 2026 • By Miranda Brownlee

more from tax

Tax

FTDT issues pose 'existential threat' to family businesses, advisers: joint...

The government has been urged to take action to address issues with the provisions for family trust distribution tax,...
11 May 2026 • By Miranda Brownlee
Tax

Policy drift in car parking FBT after Toowoomba

The Toowoomba decision makes the case for reforming the car parking FBT regime compelling.
08 May 2026 • By Robyn Jacobson, NTAA
Tax

Payroll tax pushing Victorian GPs to ‘breaking point’, RACGP says

The Royal Australian College of GPs says Victorian GPs should be exempt from payroll tax to support the sustainability...
08 May 2026 • By Emma Partis
Tax

‘Revenue grab:’ practitioners slam 30% trust distribution tax

Tax professionals have warned the government against imposing a 30 per cent tax on trust distributions after media...
07 May 2026 • By Emma Partis
Tax

Make the instant asset write-off permanent, says HIA

As the federal budget release day looms, unions and industry groups are doubling down on demands.
06 May 2026 • By Amelia McNamara
Tax

Joint bodies flag potential issues with instant tax deduction bill

The removal of simplified substantiation provisions under the proposed $1,000 standard deduction policy will increase...
05 May 2026 • By Carlos Tse
Tax

Further clarification needed on draft laws for standard deduction, says NTAA

The association has asked the government to provide greater clarification on how the policy will operate for taxpayers...
05 May 2026 • By Miranda Brownlee