Federal Tax Reform 2026 – What Property Investors and Business Owners Need to Know
The Federal Government has now introduced into Parliament the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026, implementing several significant tax reforms announced in the 2026 Federal Budget. These reforms are among the most substantial changes to capital gains tax and property investment taxation in decades. While many media reports have suggested that “negative […]
The Proposed 30% Minimum Tax on Trusts – What Business Owners and Families Need to Know
The Federal Government’s proposed introduction of a 30% minimum tax on discretionary trust income has become one of the most widely discussed aspects of the current tax reform agenda. For decades, discretionary trusts have been widely used by Australian families, business owners and investors for: If enacted in its current form, the proposed reforms may […]
How To Minimise Tax When You Sell Your Business
If you have worked hard on your business for many years, you are likely to have a plan to sell it at some stage. One question we are often asked about at Crest is how tax applies on the sale of a business. There isn’t a black and white answer, but this article will give […]
Outlining the New ATO Debt Disclosure Powers
The Australian Tax Office (ATO) has introduced a new way to make businesses act on their tax debts. Any business that has over $100,000 in tax debts will be receiving a letter from the ATO, if they haven’t already, compelling the company to make a firm effort to manage their debts within 28 days. Interested […]