01/06/2026
𝗧𝗵𝗲 𝟮𝟬𝟮𝟲–2𝟳 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗕𝘂𝗱𝗴𝗲𝘁 𝗽𝗿𝗼𝗺𝗶𝘀𝗲𝘀 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝘀𝗺𝗮𝗹𝗹 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗯𝘂𝘁 𝘁𝗵𝗲 𝗱𝗲𝘁𝗮𝗶𝗹 𝘁𝗲𝗹𝗹𝘀 𝗮 𝗺𝗼𝗿𝗲 𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝗱 𝘀𝘁𝗼𝗿𝘆.
𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗼𝘄𝗻𝗲𝗿𝘀 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄 👇
✅ $20,000 instant asset write-off made permanent
Useful certainty for businesses under $10 million turnover but the threshold remains relatively low for meaningful capital investment.
✅ Loss carry-back returns
Companies can offset losses against prior profits from 1 July 2026, but refunds are capped by available franking credits limiting the benefit for many businesses.
✅ R&D incentive changes
Higher offsets for eligible R&D, but tighter rules, higher spending thresholds and increased ATO scrutiny mean many businesses may find access harder, not easier.
✅ $1,000 standard deduction
A practical simplification for employees and sole traders, with modest tax savings for most Australians.
The bigger picture?
𝗪𝗵𝗶𝗹𝗲 𝘁𝗵𝗲𝘀𝗲 𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝘀 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗶𝗻𝗰𝗿𝗲𝗺𝗲𝗻𝘁𝗮𝗹 𝘀𝘂𝗽𝗽𝗼𝗿𝘁, 𝘁𝗵𝗲 𝗽𝗿𝗼𝗽𝗼𝘀𝗲𝗱 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝘁𝗼 𝗱𝗶𝘀𝗰𝗿𝗲𝘁𝗶𝗼𝗻𝗮𝗿𝘆 𝘁𝗿𝘂𝘀𝘁𝘀, 𝗖𝗚𝗧 𝗮𝗻𝗱 𝗻𝗲𝗴𝗮𝘁𝗶𝘃𝗲 𝗴𝗲𝗮𝗿𝗶𝗻𝗴 𝗮𝗿𝗲 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗵𝗮𝘃𝗲 𝗮 𝗳𝗮𝗿 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝘄𝗲𝗮𝗹𝘁𝗵 𝗰𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴.
The key for business owners is understanding how tax, business, investment and succession planning all fit together not focusing on one Budget announcement in isolation.
𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗔𝗧𝗕 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗳𝗼𝗿 𝗮 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗿𝗲𝘃𝗶𝗲𝘄 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀.
L𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗵𝗲𝗿𝗲 https://lnkd.in/gpqXRw3h
