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Loss carry back rules reintroduced
At the Federal Budget in May 2026, the Government announced that it would reintroduce a loss carry back tax offset for companies, providing a crucial buffer...
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The New 30% Tax on Discretionary Trusts – What We Know So Far
In the 2026–27 Federal Budget, the Government announced that it would introduce a 30% minimum tax on discretionary trusts from 1 July 2028. Here are the...
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AWB Partners joins Prescott
AWB Partners has joined Prescott Solutions
We are pleased to share that AWB Partners joined the Prescott Solutions team on 1 July 2026. This is exciting news for both teams and we are looking forward...
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What the new anti-money laundering and counter-terrorism financing rules mean for our services
From 1 July 2026, thousands more businesses - including accounting and professional services firms - are now regulated under Australia’s anti-money laundering...
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2026 Federal Budget
The Federal Treasurer Jim Chalmers handed down the 2026 Federal Budget on 12 May 2026. With some major changes announced to capital gains (CGT), negative...
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Payday Super is coming
The Australian Government has announced that from 1 July 2026, employers will be required to pay their employees’ superannuation at the same time...
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Selling your business: planning your exit
Selling your business takes time – start planning early. Here are five tips to help you prepare for a successful exit.
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Taking on the family business: becoming the successor
Taking over the family business is an honour but can feel daunting. Here are five key skills every successor needs to thrive.
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When should your business be passed to the next generation?
Ready to pass your family business to the next generation? Timing is everything – here’s when and how to make the transition.
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