Federal Budget 2025-26

INFORMATION FOR CORPORATES

The Budget did not contain any new tax measures relevant to corporate taxpayers apart from a specific measure to ensure legitimate investors can continue to access concessional withholding tax rates under Australia’s managed investment trust regime.

Deferring the start date of the previously announced measures is a positive step towards reducing retrospective implementation of tax legislation.

The Government has allocated additional funds to the ATO to enhance compliance activities, primarily through the Tax Avoidance Taskforce, which targets Top 100 and Top 1,000 public and multinational businesses, as well as the Top 500 privately owned groups.

Federal Budget 2025-26

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Corporates and International

The Government has allocated additional funds to the ATO to enhance compliance activities, primarily through the Tax Avoidance Taskforce, which targets Top 100 and Top 1,000 public and multinational businesses, as well as the Top 500 privately owned groups.

The ATO, The Australian public who will benefit from increased tax collections.

Compliant tax practitioners who could face more scrutiny from the TPB, Larger taxpayer groups that will be targeted with additional ATO resources.

CONTRIBUTORS

Gavin O'Neill

Director, Corporate Tax

Ryan Hammersley

Senior Manager, Corporate Tax

The Government has deferred the commencement date of the previously announced clean building managed investment trust withholding tax concession and strengthening foreign resident capital gains tax regime measures.
The Tax Practitioners Board will be handed strengthened sanctions to deal with non-compliant tax practitioners and handed additional funding to modernise the registration framework for tax practitioners, and undertaken compliance activities targeting high-risk tax practitioners.
The Government will increase funding to the ATO by approximately $1bn over four years to continue the funding of key ATO tax compliance programs. The additional funding is projected to generate $3.2bn over a five-year period