New 30 per cent trust tax creates significant challenges for private groups
Client AlertThe announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
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In this environment, it has never been more important to strike the right balance between managing the cost of doing business and maintaining the growth trajectory of your company.
Businesses are also facing increased difficulty in finding and hiring experienced and skilled staff. Furthermore, there is ever growing scrutiny on corporate governance measures, with renewed focus on internal processes and financial accountability.
Against the backdrop of these challenges and a difficult macro-economic environment, it’s worth assessing the viability of outsourcing non-core business streams. Typically, if a company is on a growth trajectory it can be easier to tap into those that can provide the required expertise with a flexible offering that can be scaled up or scaled down. Whether it is legal, human resources or accounting and CFO services, now is an opportune time to outsource these functions and fill the gap in a tight labour market were having your own in-house team can be much more challenging to maintain.
In our realm of accounting and finance we have seen considerable interest in Outsourced CFO services. High growth companies require qualified and skilled professional assistance on both in-house finance function support as well as strategic tax and financial advisory services.
Responsibility of a strategic and growth-oriented Outsourced CFO includes financial stewardship, overseeing financial operations, strategic finance as well as being a catalyst to support growth. They may also have a specific focus on supporting the client preparing for a transaction. This can involve helping the founders define business drivers and implement metrics to track growth and profitability, prepare forecasting and budgeting and assisting with accounting policies and technology systems. Beyond that, an Outsourced CFO service can oversee the use of funds, reporting to investors and align the finance requirements to the strategic plans.
There are several reasons why it’s beneficial to utilise this service. For example:
If you are interested to explore how our Outsourced CFO service can complement your business, please don’t hesitate to get in touch.
The announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
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.
Australia’s 2026–27 Federal Budget introduces major tax reforms impacting private enterprise, including changes to capital gains tax, negative gearing, trust structures and SME incentives. Understand what it means for your business strategy, cashflow and investment decisions.