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Insight Tax considerations for Australian businesses approaching $1 billion turnover

Outlining key tax considerations for a taxpayer once their aggregated group turnover is A$1 billion or more.

Mark Trewhella
Keith To
Jessica Brass
Arani Ganendren
| 11 min read | 23 Sep 2026
Podcast Where sanctions, proliferation financing and AML/CTF collide

In this episode of Beyond the Numbers with Grant Thornton, AML/CTF expert Neil Jeans explores why organisations should assess their exposure, even if they think risk is low, and where businesses can start so they’re in the best defensive position should any issues arise.

Neil Jeans
| 19 min listen | 14 Oct 2026
Client Alert Draft R&D Tax Incentive reforms released: what businesses need to know

R&D Tax Incentive reforms, RDTI reforms, R&D tax offset, innovation incentives, refundable R&D offset, non-refundable R&D offset, supporting R&D activities, Treasury consultation, research and development tax incentive, Federal Budget 2026-27, R&D tax changes, Australia R&D incentives, Innovation Incentives, R&D claims

Bianca Patrick
Rebecca Iwanuscha
| 9 min read | 29 Sep 2026

Latest insights

Mid-sized business report We’re laying the foundations for tomorrow’s energy network

There is a particular opportunity in Australia for the energy sector. The global trend towards renewable and alternative energy, aligned with a local appetite for a better energy mix, is providing a ripe environment for project development and investment.

Jannaya James
| 03 Jun 2019
mid-sized business report Supporting affordable housing requires planning, certainty – and tax reform

There is a lot of noise around the property sector at the moment – and it’s not all positive. Prices are down – but this shouldn’t be a surprise when some markets (namely Sydney & Melbourne) saw unprecedented hikes in recent years.

Sian Sinclair
| 03 Jun 2019
Disabilities Royal Commission

A comprehensive review of the future challenges and opportunities for delivering accessible, affordable and high quality services for people with disabilities in Australia life.

Biotechnology Industry Position survey Australia's biotechnology industry drives economic growth

The 2019 Biotechnology Industry Position survey conducted by Ausbiotech and supported by Grant Thornton has revealed that new technologies across regenerative medicine and medicinal cannabis are disrupting the industry, and Australia's global strength in clinical trials continues to drive contributions to the economic and social fabric of the country.

30 May 2019
Client Alert Financial reporting thresholds doubled for ‘large’ proprietary companies

Financial reporting thresholds for ‘large’ proprietary companies have been doubled following a recent Australian legislative change which is effective for financial years commencing on or after 1 July 2019.

Andrew Rigele
| 3 min read | 29 May 2019
Client Alert Important changes to the Arm’s Length Debt Test

On 5 April 2019, the ATO released Draft Taxation Ruling, TR 2019/D2 to clarify how entities should utilise the ALDT (“the ALDT Draft Ruling”). This ruling applies retrospectively.

Jason Casas
| 3 min read | 14 May 2019
Client Alert Foreign incorporated companies relocating central management and control

Practical Compliance Guide (PCG) 2018/9 provides a transition period for foreign incorporated companies to change their governance arrangements so that they do not become Australian residents solely because their central management and control (CM&C) is located in Australia.

5 min read | 13 May 2019
Client Alert Western Australia State Budget 2019-20

Treasurer Ben Wyatt delivered the Western Australian State Budget on 9 May 2019. This Budget promotes jobs growth and encourages investment in key sectors of the economy.

18 min read | 09 May 2019
Royal Commission Aged Care Royal Commission

A comprehensive review of the future challenges and opportunities for delivering accessible, affordable and high quality aged care services in Australia

01 May 2019
Client Alert Proposed revisions to APS 220 Credit Risk Management

On 25 March 2019, APRA proposed updating its prudential standard on credit risk with an update to APS 220 Credit Risk Management to capture the full credit life cycle.

Claire Scott
| 2 min read | 01 May 2019
Federal Budget 2019-20 What can government do to support the housing challenge?

There is a lot of noise in the property sector at the moment – prices are down, financing hurdles are higher and tax policies impacting property could change.

Sian Sinclair
| 24 Apr 2019
Federal Budget 2019-20 Australia’s R&D program works, but we can’t rest on our laurels

Australia has a successful, clear and robust R&D support program. With no additional investment in R&D from the Federal Budget...

Sukvinder Heyer
| 18 Apr 2019
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