Our latest insights

Receiving a notice to pay GST from the Australian Taxation Office (ATO) can be unsettling, particularly if it arrives unexpectedly or at a time when cash flow is under pressure. However, receiving a GST bill does not necessarily mean you have done something wrong.

Fuel tax credits update covering ATO scrutiny, compliance risks and rate changes.

Loss carry back Australia 2026 helps companies turn tax losses into refunds and improve cash flow.

The NSW Budget 2026 focuses on health and education spending, with slower growth forecasts, rising debt and targeted foreign investor duty relief measures.

On Tuesday 23 June 2026, Treasurer David Janetzki handed down his second state budget alongside Premier David Crisafulli. Deficits are forecast throughout the forward estimates, with a surplus of $619m projected for 2029-30.

The Government has announced revisions to several tax measures in the Budget, affecting capital gains tax treatment for small businesses, a special carve-out for start-ups, and a conditional exclusion for discretionary testamentary trusts from the 30 per cent tax on trusts.

US retail expansion: sales tax nexus, compliance and key tax considerations for Australian retailers.

On Wednesday 10 June 2026 Treasurer Chris Steel handed down his second budget, alongside Chief Minister Andrew Barr. The Treasurer noted a difficult economic environment due to global instability.

On 10 June 2026 the High Court found that a trust’s unpaid present entitlement (UPE) to a company is not treated as a ‘loan’, and potentially subject to tax as a deemed dividend under Division 7A.

Explore how the Federal Budget 2026–27 reshapes M&A in Australia, with CGT changes, trust tax reforms and implications for deal structuring and transaction timing.

On Thursday 4 June 2026, South Australian Treasurer Tom Koutsantonis handed down the 2026-27 state budget, with a continued focus on health and housing.

In this episode of Beyond the Numbers with Grant Thornton, Corporate and International Tax Partner Vince Tropiano unpacks the changes one week on, covering what was announced, key structuring considerations and, most importantly, why a conversation with your adviser to model potential implications is the best place to start.