BYRONS

28/05/2026

Our team at BYRONS continues to grow, and we are looking for an Intermediate Business Services Professional to join a newly created role within our Managing Partner's team.

This is a chance to work closely with a Director and work with a wide range of clients, complex structures, and interesting work across privately owned groups, SMEs, and HNWIs.

If you are looking to broaden your experience in a supportive and progressive firm, we would like to hear from you.

Find out more and apply: https://au.seek.com/job/92243566

27/05/2026

Are you across the Federal Budget changes and what they actually mean in practice?

From 1 July 2027, the Government is proposing to replace the 50% CGT discount with cost base indexation and a 30% minimum tax on capital gains.


Pre-CGT assets are also proposed to be brought into scope for gains accruing after commencement. Main residence exemptions and small business concessions remain, although several key design details are still to be confirmed.

Importantly, the mechanics of indexation and how the 30% minimum tax will interact with individual tax rates remain undefined at this stage.

Visit our website or speak with your trusted advisor to understand what this may mean for you and to make informed decisions: https://byrons.com.au/news/major-changes-to-capital-gains-tax/

27/05/2026

At BYRONS, we have a monthly team lunch.

There’s no agenda and no expectation of work talk. It’s a chance to catch up with colleagues across the firm who you might not see day to day. Whoever is available joins, and it provides a welcome break from the usual routine.

It helps support a culture at BYRONS that is friendly, inclusive and connected.

21/05/2026

WE'RE HIRING: If you’re looking for more than just compliance work, this role is designed to fast-track your development.

Gain direct exposure to a Partner while working across a genuinely diverse client base — from SMEs through to complex groups, listed businesses, and international operations.

What you’ll get out of it:
🌟 Real leadership development, including mentoring and reviewing junior staff
🌟 Broad technical exposure across tax, financial reporting, CGT, Div 7A, trusts and international dealings
🌟 Direct client engagement and ownership of your work
🌟 Involvement in advisory and tax planning alongside senior leaders
🌟 Exposure to large, complex client structures (up to ~$200m turnover)
🌟 Structured technical and professional development pathways, including global training access
🌟 A stable, well-established firm with a modern CBD office and strong culture

If you’re CA/CPA qualified (or close to finishing) with 4+ years in public practice and ready to step up, this is a genuine progression opportunity.

Apply now: https://lnkd.in/gMRVbJd5

21/05/2026

A fantastic evening at the Haymarket Chamber of Commerce 2026–2027 Federal Budget Panel Discussion and Networking Event, with plenty of robust discussion, thoughtful debate and no shortage of questions throughout the night.

A few jokes were shared along the way, but the conversation quickly turned to the very real implications of what could be some of the most significant tax changes in decades — particularly for those with discretionary trusts.

The goal of the evening was to ensure everyone in the room understood the proposed changes and their potential impact, and we achieved this through practical examples, real-world scenarios, and detailed discussion by the panel.

It was great to see attendees actively thinking through the options that may work best for their circumstances and engaging deeply with the details behind the proposals.

Thank you to everyone for a highly professional evening with strong engagement, insightful commentary and some very considered questions from the audience.

14/05/2026

The 2026–27 Federal Budget proposes major changes to capital gains tax (CGT) and negative gearing.

From 1 July 2027, the 50% CGT discount for individuals and trusts will be replaced with cost base indexation and a 30% minimum tax on capital gains, and gains accruing on pre-CGT assets will become taxable. At the same time, negative gearing will no longer be available for established residential properties acquired after 7:30 pm AEST on 12 May 2026. Existing investments are largely grandfathered, and new builds will continue to receive concessional treatment. These reforms are a central part of the Government’s strategy to improve housing affordability and address intergenerational inequality.

Another major measure is the proposed 30% minimum tax on discretionary trusts from 1 July 2028. Corporate beneficiaries will not receive a tax credit for tax paid by the trustee, which is likely to remove much of the benefit associated with bucket company arrangements. The Government has also announced a three-year rollover relief period from 1 July 2027 to facilitate restructuring out of discretionary trusts, although the practical benefit may be limited where trusts hold real property unless state governments introduce corresponding stamp duty concessions.

Other notable measures include:
● A permanent $250 Working Australians Tax Offset from 1 July 2027.
● An optional $1,000 standard deduction for work-related expenses from 1 July 2026.
● Permanent extension of the $20,000 instant asset write-off for eligible small businesses.
● Reintroduction of company tax loss carry-back.
● Changes to the concessional FBT treatment of electric vehicles.
● Reform of the Research and Development Tax Incentive.
● Implementation of the OECD Pillar Two side-by-side package.

Many of the announced measures are complex and will require detailed legislation before their full impact can be assessed. These are currently proposals only, and significant changes may occur before the measures are enacted.

Businesses and investors should avoid making major decisions until more details are made available and the practical implications are better understood.

READ OUR BYRONS FEDERAL BUDGET SUMMARY REPORT: https://byrons.com.au/news/federal-budget-2026-2027/

10/05/2026

Happy Mother’s Day!

BYRONS are recognising those who run households, businesses, teams, and communities.

To the SME business mums balancing cash flow, clients, deadlines, and everything in between — we see you.

Behind every set of numbers is real work, real pressure, and real impact. And for many of you, that does not stop when the workday ends.

Here’s to the founders, operators, and leaders doing both roles, often without recognition, always with resilience.

Today BYRONS celebrate all those who take on caring roles, in all forms, and the impact they have at work and beyond.

08/05/2026

BYRONS extends the invitation for you to join us at the Haymarket Chamber of Commerce 2026–2027 Federal Budget Panel Discussion & Analysis, featuring our very own BYRONS expert, Simon Alford.

With inflation persistent, global economic uncertainty continuing, and the possibility of significant tax reform ahead, businesses are facing a period where clarity matters more than ever.

A strong discussion, real insights, and a valuable opportunity to connect with the business community— join the BYRONS team.

We would like to invite you to our 2026-2027 Federal Budget Panel Discussion and Networking Evening on Wednesday, 20 May 2026, from 6 pm – 8.30 pm at the Novotel Sydney Darling Square in Haymarket.

On Tuesday 12 May 2026, Federal Treasurer Jim Chalmers will be delivering the nation’s 2026-2027 Budget. This is likely to be one of the most important budgets in decades not least because of the impact of current global events and the many economic challenges that they present including the continuing rise in inflation. Significant reforms to our tax system are also expected including changes to the capital gains tax rules and possibly, in relation to negative gearing.

Our expert panel will consist of Simon Alford (Business Advisory and Tax Partner at BYRONS), Devika Shivadekar (Economist at RSM Australia) and Raffi Tenenbaum (Tax Partner at William Buck). The panel moderator will be our Chamber president, Vincent Lim.

Do join us for this special event where you will be able to make a lot of new friends as well. We are expecting between 80-100 attendees.

Please scan the QR code to book your seat or visit www.trybooking.com/DLOCK. See you at the Novotel.

07/05/2026

Most families plan holidays better than they plan how their wealth will be passed on.

And there’s something useful in that.

When you plan a holiday, you start with a simple conversation:
Where do we want to go?
What matters most to us?
What would a good experience look like?

Only after that do the details follow — flights, accommodation, timing, and budget.

Succession planning works in much the same way.

The difference is that many families stay in the conversation phase and never move into structure.

Without structure, even important decisions tend to drift.

That’s why clarity matters more than complexity.

06/05/2026

Capital Gains Tax (CGT): What Could Change in the Federal Budget 2026?

Big question heading into the Australian Federal Budget 2026: will CGT rules shift and who could be impacted?

Right now, individuals and trusts can access a 50% CGT discount on eligible assets held for 12+ months. It’s a cornerstone of many long-term investment strategies.

But if changes are announced, the ripple effects could reach:
• Property investors
• Family trusts
• Share portfolios
• Business sales
• Succession plans
• Long-term asset strategies

What’s being talked about:
→ A reduced CGT discount
→ Moving to an inflation indexation model
→ Restricting access for certain taxpayers or assets
→ Different rules for future acquisitions

Important: none of this is confirmed. Current discussion is driven by media commentary and not formal policy.

The key takeaway? Do not act on speculation. Tax settings often evolve significantly from early discussion → Budget night → final legislation.

If you are considering a transaction or restructure, now is the time to get informed and not be reactive.

Read our latest news article to find out more: https://byrons.com.au/news/federal-budget-preview-potential-changes-to-cgt-and-negative-gearing/