How to Pay Yourself From Your Business — Before the Rules Get Worse
The 2026 Budget tightens how founders extract profits, with a 30% trust tax from 2028. Key strategies remain—but the window to optimise is closing fast.
The 2026 Budget tightens how founders extract profits, with a 30% trust tax from 2028. Key strategies remain—but the window to optimise is closing fast.
How the 2026 Federal Budget changes the maths on your exit — and what to do before 1 July 2027.
Treasurer Jim Chalmers handed down the 2026–27 Federal Budget on 12 May 2026. This budget offers several meaningful measures for founders, small business owners, and investors, including the return of loss carry-backs, a permanent instant asset write-off, and expanded venture capital incentives
2026 Budget boosts core R&D tax offsets, removes supporting claims, lifts $50m threshold, tightens refunds, and raises caps, rewarding deeper innovation investment.
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FBT season is a reminder for family businesses to review director benefits

Australia’s “Ambitious Australia” R&D review signals a major shift toward innovation-led growth, with stronger incentives and support for businesses investing in research and development. For SMEs and startups, this creates a significant opportunity to accelerate growth, access funding, and gain a competitive edge—provided they effectively leverage programs like the R&D Tax Incentive.

As the 2025–26 FBT year ends on 31 March, employers should review key risk areas—including electric vehicle exemptions, work vehicle private use, contractor arrangements, and record-keeping requirements—to ensure compliance and avoid costly ATO penalties.

An SMSF offers greater control and flexibility over your retirement savings, allowing you to tailor investment and planning strategies to suit your long-term goals. However, this control comes with significant legal and compliance responsibilities, making it essential to carefully assess whether the structure is right for your circumstances.

Australia’s mining sector is now a high-tech frontier, opening up major funding opportunities for startups building innovative mining and METS solutions. With programs like the R&D Tax Incentive and Accelerating Commercialisation, founders can turn R&D into real capital and get from prototype to mine site faster.

Australia is shutting the door on R&D Tax Incentive claims for gambling and tobacco-related activities from 1 July 2025, including betting tech, loot boxes, vaping, and nicotine products. The only exception is genuine harm-minimisation research—if your R&D fuels addiction rather than preventing it, government funding is off the table.

30 April 2026 is the deadline startups can’t afford to miss. If you don’t register your R&D activities with AusIndustry by then, you lose access to the R&D Tax Incentive. With strict rules and rising ATO scrutiny, the right R&D consultant can mean the difference between unlocking funding and leaving money on the table.

A Controlled Foreign Company (CFC) is a non-resident company under effective Australian control, and Australian residents with substantial interests must include their share of its income or gains in their assessable income.

Australian businesses engaging in cross-border trade must carefully apply GST rules, which vary depending on whether transactions involve goods, services, or digital products and whether the customer is a GST-registered business (B2B) or consumer (B2C).

The MVP Ventures Program provides NSW startups with funding of $20,000–$75,000 to accelerate the journey from prototype to market-ready product.
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