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Major change in proposed 30 per cent minimum tax on trusts

Insight

New “EET election” option for discretionary trusts to avoid the minimum 30 per cent without having to restructure, but creates inflexibility.

David Montani
Paul Banister
Dharav Gandhi
Yan Wong
| 7 min read | 08 Sep 2026

New 30 per cent trust tax creates significant challenges for private groups

Client Alert

The announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.

David Montani
Paul Banister
Yan Wong
| 7 min read | 04 Aug 2026

Changes to Budget tax measures for small business, start-ups and testamentary trusts

Client Alert

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.

David Montani
Paul Banister
| 6 min read | 23 Jun 2026

Federal Budget implications for M&A activity and transaction strategy

Insight

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.

Cameron Bacon
Vince Tropiano
| 5 min read | 05 Jun 2026

Breaking down the Budget

Podcast

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.

Vince Tropiano
| 17 min listen | 26 May 2026

Look before you leap: discretionary trusts and stamp duty

Insight

Proposed changes to discretionary trust taxation in the 2026–27 Federal Budget could drive restructures – but stamp duty risks may be significant. Explore key considerations before transferring assets.

Kristina Popova
Bei Bei Han
| 7 min read | 21 May 2026

How the Federal Budget announcements will impact private enterprise

Insight

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.

David Montani
Hugh Perks
| 11 min read | 19 May 2026

A budget under pressure

Federal Budget 2026-27

Delivered against an uncertain economic backdrop, the 2026-27 Federal Budget reflects a government navigating competing pressures.

Vince Tropiano
| 7 min read | 12 May 2026

Australia’s R&D moment: Policy signals to watch ahead of the Federal Budget

Insight

Australia’s R&D policy is back in focus ahead of the Federal Budget, with the SERD review highlighting declining investment and the need for reform. While no immediate changes to the R&D Tax Incentive have been announced, businesses should watch for potential policy shifts and ensure strong governance, compliance, and documentation under the current framework.

Rebecca Iwanuscha
Sukvinder Heyer
| 6 min read | 08 May 2026
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    For more information on Federal Budget, please contact:

    Vince Tropiano

    Partner

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    Jared Grima

    Partner & National Head of Private Equity

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    Daniel Kave

    National Managing Partner – Tax

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    Christine Cornish

    Partner

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    Elizabeth McNamara

    Partner

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