The Australian Federal Budget for 2026-27 will be handed down in May 2026, the first budget since Labor's re-election in 2025.
Today’s business leaders navigating Australia’s M&A landscape need to look beyond short‑term performance and financial metrics alone. What matters most to investors is a strong, scalable and defensible business, particularly in an environment shaped by geopolitical and economic uncertainty. Increasingly, ESG and sustainability considerations are not add‑ons, but core to business strategy and long‑term value creation.
The Full Federal Court confirms that owner and beneficiary benefits in family businesses are not automatically subject to FBT, reinforcing the meaning of “in respect of employment” and providing guidance ahead of the 2026 FBT season.
Family enterprises face unique challenges and opportunities in the ever-growing landscape of business. Embracing technology and digitisation is no longer optional; it’s critical for success and continued sustainability. Embracing technology is critical to ensure future success in your family business. So, what areas of digitisation could benefit your family business?
Discover how Australian manufacturers are responding to slower growth, rising costs and tighter margins in our 2025 Manufacturing Benchmarks report, with insights on performance, reinvestment and capability-building.
A practical guide for residential colleges reviewing GST treatment for the 2026 academic year – covering endorsed charity concessions, PCG 2022/3, Division 129 adjustments, and strategies to manage GST liability and compliance with confidence.
The ATO has released its draft guidance ‘PS LA 2025/D1 – Public country-by-country reporting exemptions’ outlining criteria and requirements for taxpayers applying for exemptions from public CbC reporting requirements.
The 2025 financial year marked a dynamic chapter for Australia’s Research & Development Tax Incentive (RDTI), with notable shifts in policy, compliance, and industry engagement. As innovation continues to drive economic growth, staying informed on the evolving R&D landscape has never been more critical for Australian businesses.
In today's business landscape, Environmental, Social and Governance (ESG) factors are no longer just a buzzword; they are critical for sustainable business practices. Family businesses – with their long-term vision and deep-rooted values – are uniquely positioned to lead the charge in ESG responsibilities.
From starting his career at one of Australia’s Big 4 accounting firms, to leading the Financial Advisory practice at Grant Thornton, Said has built a successful career founded on resilience, leadership and commercial impact.
Whether you're a private client managing complex wealth structures or an advisor guiding others through the intricacies of tax law, staying informed is essential. This hub brings together Grant Thornton’s latest insights on family trusts, foreign distributions, residency rules, and ATO focus areas designed to help you navigate risk and enhance compliance.
Explore eight often overlooked tax issues impacting asset division and liabilities in family law.
Like many countries, Australia taxes its residents on the income and capital gains they generate irrespective of where they are sourced. For ‘temporary residents’, understanding how the rules operate in detail – and even your relationship status – is necessary to determine your tax position.
New entities are often established as part of implementing property settlements. However, this could overlook one current focus area of the ATO – whether or not Family Trust Distribution Tax (FTDT) is payable due to distributions having been made by Family Trusts outside their ‘family group’.
The Australian Tax Office (‘ATO’) on 11 June 2025 updated its Practical Compliance Guide PCG 2018/9 on corporate tax residence to reflect key changes including aligning tax compliance residence disclosures to the Consolidated Entity Disclosure Statement (‘CEDS’) for financial reporting purposes.