Family trust tax update: A new option besides restructuring
Draft family trust tax rules introduce a possible alternative to restructuring. Some discretionary trusts may be able to remain in place by fixing future distributions, but the choice could significantly limit flexibility.
Card surcharges end on 1 October 2026: what Australian businesses need to change
From 1 October 2026, Australian businesses will generally no longer be able to surcharge common debit, prepaid and credit card payments. Here is what is changing and how businesses should prepare.
Fair Work pay rates changed on 1 July: have you checked every employee?
Nearly three months after the 1 July Fair Work changes, check awards, classifications, casual loadings, penalties and other employee pay settings.
CGT changes are now law: Why a 1 July 2027 valuation may matter
Own a rental or business property? Learn why a 1 July 2027 valuation may support future CGT calculations and why preparing early matters.
Payday Super, three months on: common mistakes and a seven-point employer health check
Payday Super has been operating for nearly three months. We examine the common payment and data problems now emerging and provide a seven-point health check to help employers review their payroll processes.
GST for Health Contractors in Australia: When Do You Need to Charge GST?
Do physiotherapists, psychologists, occupational therapists and other health contractors charge GST? Learn when Australian health services are GST-free.
Other Budget Measures for Small Business: Instant Write-Offs, $1,000 Deductions and Cash-Flow Support
Not every Budget change is about CGT and trusts The 2026-27 Federal Budget includes several measures that are directly relevant to small business owners, companies, partnerships, sole traders and start-ups. While the CGT and trust changes have attracted much of the attention, there are also measures aimed at deductions, depreciation, business losses, PAYG instalments and […]
Trust Changes: What the New 30% Minimum Tax Means for Family Trusts
A major change for discretionary trusts Discretionary trusts, including family trusts, have long been a common structure for small business owners, family groups, investors and professional practices. They are often used for asset protection, succession planning and flexible income distribution. The 2026-27 Federal Budget proposes a major change to that flexibility. From 1 July 2028, […]
CGT Changes: What Small Business Owners and Property Investors Need to Know
The biggest CGT change in years The 2026-27 Federal Budget proposes a significant change to the way capital gains tax is calculated for individuals, trusts and partnerships. From 1 July 2027, the current 50% CGT discount for assets held for more than 12 months will be replaced with cost base indexation, together with a 30% […]
FBT and Electric Vehicles: What the Budget Changes Mean for Employers
EV benefits remain attractive, but the full exemption is being wound back Electric vehicles have become a popular employee benefit, particularly through novated leases and employer-provided vehicles. For many employees, the existing fringe benefits tax concession has made an EV significantly more affordable. For employers, it has also been a useful way to offer a […]