The FY26 Federal Budget continues a familiar theme: incremental adjustments layered on top of a tax system that is straining under complexity. For privately owned businesses and their advisors, the meaningful signals sit beneath the announcements. In this note we unpack three areas we are actively tracking with clients: Division 7A modernisation, the shifting posture on trust distributions, and the deeper compliance program targeting mid-market groups.
For a confidential conversation about how these developments may affect your business, please contact us. Every enquiry is reviewed personally by a member of the practice.