Tax reform measures risk adding to red tape burden: CPA Australia

What it is about

Who published it, and when

How it spread - 5 original reports

1. Thu, 8 October 2026

   1 report
   • accountantsdaily.com.au07:03first to report
     Tax reform measures risk adding to red tape burden: CPA Australia

     As the release of the Red Tape Reduction Review is awaited, the accounting body said it is hard to reconcile adding complexity through the new trust tax and CGT rules with a review whose purpose is to lessen it.

2. Wed, 14 October 2026

   1 report
   • accountantsdaily.com.au07:05
     Tax accountant the ‘great winner’: Government introduces next tranche of trust tax bill

     The Labor government has introduced its legislation for a minimum 30 per cent tax on discretionary trusts to Parliament, while the opposition argued the tax accountant would be the “great winner” of this tax reform.

3. Thu, 15 October 2026

   1 report
   • ABC News (Australia)04:45
     Expert says trust use to avoid tax 'bordering on a joke'

     Small business advocates say it is a misconception that trusts are only used by wealthy families to minimise tax, but one expert says the current system is "bordering on a joke" and in urgent need of reform.

4. Mon, 19 October 2026

   2 reports
   • queenslandcountrylife.com.au02:00
     Trust tax battle lines drawn as One Nation also vows to block Labor changes

     One Nation says SME's face tax uncertainty under new trust rules.

   • ABC News (Australia)18:50
     Could Labor's trust tax be as much as 60 per cent? Yes, but there's a reason

     Labor's proposed trust tax could result in tax rates of 60 per cent in some circumstances as part of a crackdown on so-called "bucket companies" the government says are used to reduce tax.