Capital gains tax changes: what they mean for your transaction strategy
InsightNew CGT reforms reshape M&A, valuations and exit planning. Understand the key implications.
Grant Thornton’s partners vote to join Grant Thornton Advisors multinational platform. Read more.
By: Anika Reside, Rhys Penning
08 Jul 2026 3 min read
For many businesses, particularly those operating heavy vehicles or undertaking fuel intensive activities, these developments have increased the complexity of calculating and reporting FTC claims.
As part of the Government's response to fuel price volatility, temporary changes were made to fuel excise and the road user charge (RUC).

We discuss the 1 April 2026 changes and their implications for businesses in more detail in our previous article.
With the ATO continuing to scrutinise both historic FTC claims and current calculation methodologies, these changes have created practical challenges for businesses claiming FTCs, in particular:
Businesses should consider:
Ensuring documentation is maintained to support FTC positions in the event of ATO review activity.
Given the pace of legislative change and increased ATO scrutiny, now is an appropriate time for businesses to revisit their FTC position.
Whether reviewing an existing methodology, assessing emerging risks or strengthening compliance processes, our Specialist Tax team provides practical support to help businesses maintain a robust and defensible FTC position.

Article contributed to by Christopher Lillis - Senior Manager, Indirect Tax
New CGT reforms reshape M&A, valuations and exit planning. Understand the key implications.
A mining project is not only defined by what sits in the ground, but also by how effectively it is converted into financed, deliverable and cash-generating production.
Following the release of Exposure Draft legislation on 10 April 2026, on 2 July 2026 the Government introduced the Treasury Laws Amendment (Strengthening Accountability for Tax Adviser Misconduct and Other Measures) Bill 2026 into Parliament.