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Discretionary trusts and the proposed 30% minimum tax

Discretionary trusts and the proposed 30% minimum tax

Discretionary trusts, often referred to as family trusts, have been a popular structure for Australian families and businesses for many decades. They are commonly used to operate family businesses, hold investments and assist with succession planning. Their...
Navigating the 2026–27 Car Thresholds

Navigating the 2026–27 Car Thresholds

If you’re thinking about purchasing or leasing a vehicle for your business in the new financial year, it’s worth understanding the updated car thresholds that apply from 1 July 2026. While these limits may seem technical, they can have a practical impact...
High Court Brings Greater Clarity on Trust Distributions

High Court Brings Greater Clarity on Trust Distributions

The High Court has recently handed down an important decision that will affect many private business groups that use discretionary trusts and corporate beneficiaries. In Commissioner of Taxation v Bendel [2026] HCA 18 (10 June 2026), the Court rejected the ATO’s...
Updates to Budget Measures and New Developments 

Updates to Budget Measures and New Developments 

Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12 May 2026, there has been significant commentary on some of the more controversial proposals, including the decision to replace the CGT discount with an indexation system and to impose a 30%...