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SumTotal Accounting and Business

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Tax Matters: Budget Edition 2026

What's in This Issue?

This edition covers the key measures from the 2026-27 Federal Budget and what they mean for you, your family, and your business.

  • 2026-27 Federal Budget – A Night of Significant Change
  • The $1,000 Instant Tax Deduction
  • $250 Working Australians Tax Offset
  • Changes to the Fringe Benefits Tax Exemption for Electric Vehicles
  • Changes to the Capital Gains Tax Discount
  • What the CGT Changes Mean for Business Owners
  • Changes to the Taxation of Trust Distributions
  • Changes to Negative Gearing – What Property Investors Need to Know
  • Superannuation – Key Changes From 1 July 2026
  • Research and Development Tax Incentive – Changes From 2028
  • Good News for Companies – Loss Carry-Back and Start-Up Incentives
  • Instant Asset Write-Off – Now a Permanent Feature
  • Fuel Excise and Other Budget Updates
  • What Should You Do Now?

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