Tax Reforms: What’s Settled, What Isn’t, and What Not to Rush

Xact Accounting 13 July 2026

If you run a construction or trade business, you have probably been told the tax changes could force you to restructure.

Some are now law. Others, including the proposed family trust changes, are still only announcements. Acting too early on what isn’t settled can cost real money fixing a problem that doesn’t yet exist.

In this session we separated what has passed from what is still being designed, and worked through what each change means for a construction business using real examples, not theory. We covered the three that matter most: capital gains tax, negative gearing and the proposed discretionary trust changes, plus the construction-specific parts, like where your trust sits when you hold a QBCC licence and the stamp duty trap that catches owners who move too early.

If you missed it, the replay is worth an hour of your time.

 

What we covered:

  • Which changes are law and which are still only proposed, and why that distinction protects you
  • How the capital gains tax change works from 1 July 2027, and what it means for property you already hold
  • What the negative gearing restriction covers, what is grandfathered, and the angle worth watching for builders
  • How the proposed discretionary trust tax would hit income splitting and bucket companies, and what is still unknown
  • Why moving assets early to get ahead of the trust measure can trigger a large stamp duty cost you never get back
  • The sensible steps to take now, before any draft legislation lands

Construction business owners and directors: builders, trade contractors and supply chain businesses who use a trust or are weighing up a property or restructuring decision. If you have heard the changes might affect you and want a clear read, this is for you.

Watch the replay when it suits you. We tell you plainly what applies to you now and what is worth waiting for.

Watch the replay

Want to know what these changes mean for your business specifically? Book a free consultation, and we will give you a clear read on what applies to you now and what is worth waiting for.

Book your free consultation →

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Recommended Reading

Our latest tax reform update

We are keeping this article current as the legislation develops, so you can stay across what is settled and what is still moving.

Read the article

 

Presenters

landing-page_Suzanne C

Suzanne Crichton

Partner and Client Director CA, B.BUS (ACC) L.LB GRAD.DIP (ICAA) M.APP TAX

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landing-page_Josh R

Joshua Robertson

Partner and Client Director CA, B.COM (ACC & FIN), GRAD.DIP FP, GRAD.DIP (ICAA)

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landing-page_Noah H

Noah Hodgson

Client Director CA, B.BUS (ACC)

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