Journey2 Business & Personal Wealth

Journey2 Business & Personal Wealth Our mission is to give our clients the clarity of direction and support needed for them to achieve t

Australian Tax Reform Update — Where Things Stand as at 2 September 2026Following our last update on 24 August, there ha...
03/09/2026

Australian Tax Reform Update — Where Things Stand as at 2 September 2026

Following our last update on 24 August, there have been some important developments in Australia’s tax reform landscape.

The biggest update? The Treasury Laws Amendment (Tax Reform No. 2) Act 2026 was enacted on 26 August 2026, bringing targeted protections for certain negative-gearing and new-build situations involving transfers following death or relationship breakdown.

Here’s the latest traffic-light snapshot:

🟢 NOW LAW / CONFIRMED

• Major CGT reforms for relevant gains from 1 July 2027
• Protection for qualifying pre-1 July 2027 accrued gains
• Existing small-business CGT concessions remain available
• Expanded access to the 50% active-asset reduction from 1 July 2027
• Negative-gearing restrictions from 1 July 2027
• Grandfathering for qualifying residential property held before 7:30 pm AEST on 12 May 2026
• $20,000 small-business instant asset write-off from 1 July 2026
• Corporate loss carry-back tax offset remains available for eligible businesses

🟠 DRAFT / FURTHER LEGISLATION EXPECTED

• Tax Reform No. 3 technical amendments
• New residential dwelling definition
• CGT apportionment methodology
• AMIT application rules
• Part-year and mixed-residency CGT rules
• Division 152 rollover interactions

🔴 PROPOSALS — NOT YET LAW

• 30% discretionary-trust minimum tax
• Proposed bucket-company changes
• UPE and Division 7A changes
• Three-year discretionary-trust restructuring rollover

What does this mean for businesses and investors?

The major CGT and negative-gearing reforms are now law, but several important technical details are still being developed.

In particular, rollover interactions, new-build rules, residency issues and proposed trust changes should be reviewed carefully before making decisions based on proposed legislation.

📩 Want the full detailed report?
Email the Journey2 team to request a copy of the latest tax reform update.

Call (02) 4228 4877 or email Journey2 [email protected] to discuss your situation.

*Information current as at 2 September 2026. This post is general information only and does not constitute tax or financial advice.*

The stress of an audit rarely starts with the ATO. It starts with not knowing what it'll cost you. Uncertainty is the ha...
02/09/2026

The stress of an audit rarely starts with the ATO. It starts with not knowing what it'll cost you.

Uncertainty is the hardest part not knowing how long it'll take, how much it'll cost, or how it'll affect your business.

Journey2 Tax Audit Cover removes one whole layer of that uncertainty: the cost. That's what peace of mind actually looks like in a spreadsheet.

PEACE OF MIND, BUDGETED FOR.

Get that peace of mind sorted — renew or sign up for Journey2 Tax Audit Cover. Call us today!

A few hundred dollars a year vs. thousands in accountant fees during an audit. Which would you rather pay? Tax Audit Cov...
02/09/2026

A few hundred dollars a year vs. thousands in accountant fees during an audit. Which would you rather pay?

Tax Audit Cover isn't about assuming the worst — it's simple math. The cost of the policy is a fraction of what professional fees can add up to if you're contacted and have to respond without cover.

It's the kind of decision that looks obvious in hindsight — best made before you need it, not after.

SMALL PREMIUM. BIG PROTECTION.

Run the numbers with the Journey2 team sign up or renew your Tax Audit Cover today. Call us today for more information!

Don't have Tax Audit Cover yet? Here's what you're exposed to. If the ATO ever audits, reviews, or investigates your bus...
31/08/2026

Don't have Tax Audit Cover yet? Here's what you're exposed to.

If the ATO ever audits, reviews, or investigates your business, the professional fees to respond fall entirely on you — accountant time, extra admin, back-and-forth correspondence, all billed at hourly rates.

Journey2 Tax Audit Cover changes that equation before it ever becomes a problem.

NOT COVERED YET? HERE'S WHAT'S AT RISK.

Sign up for Journey2 Tax Audit Cover today — it takes minutes. Call us today.

One policy. Five kinds of ATO contact covered. Here's what Journey2 Tax Audit Cover looks after: — Professional fees for...
27/08/2026

One policy. Five kinds of ATO contact covered.

Here's what Journey2 Tax Audit Cover looks after:

— Professional fees for responding to an audit
— Costs of managing an inquiry
— Support through an investigation
— Fees for a review
— Costs tied to an examination

Whatever form ATO contact takes, the professional fees to respond are covered.

AUDIT. INQUIRY. INVESTIGATION. REVIEW. EXAMINATION. COVERED.

Whether you're renewing or signing up for the first time, get in touch with the Journey2 team today.

Q: Doesn't my accountant already handle this if I get audited? A: They do — and that's exactly what costs money. Your ac...
26/08/2026

Q: Doesn't my accountant already handle this if I get audited?
A: They do — and that's exactly what costs money.

Your accountant absolutely should represent you through an ATO audit, inquiry, or review. But their time isn't free, and audits can run for weeks or months.

Journey2 Tax Audit Cover covers those professional fees, so getting the right help doesn't come with a second, unexpected bill.

Make sure the fees are covered before you need the help. Sign up or renew today.

Call Journey2 Team today.

An accurate tax return doesn't mean you're audit-proof. The ATO and other government revenue authorities keep ramping up...
25/08/2026

An accurate tax return doesn't mean you're audit-proof.

The ATO and other government revenue authorities keep ramping up compliance activity, and audits can happen even when your return is completely accurate and complete.

If you're contacted, the professional fees to respond can add up fast. Accountant time, extra paperwork, back-and-forth correspondence — it's rarely quick and never free.

That's exactly what Journey2 Tax Audit Cover exists for.

Don't wait for a letter in the mail to think about it — renew your Journey2 Tax Audit Cover now. Call us today!

An accurate tax return doesn't mean you're audit-proof. The ATO and other government revenue authorities keep ramping up...
21/08/2026

An accurate tax return doesn't mean you're audit-proof.

The ATO and other government revenue authorities keep ramping up compliance activity and audits can happen even when your return is completely accurate and complete.

If you're contacted, the professional fees to respond can add up fast. Accountant time, extra paperwork, back-and-forth correspondence — it's rarely quick and never free.

That's exactly what Journey2 Tax Audit Cover exists for.

Don't wait for a letter in the mail to think about it — renew your Journey2 Tax Audit Cover now. Link in bio.

Last year you made a smart call. You protected yourself against the cost and stress of an unexpected ATO audit, inquiry,...
19/08/2026

Last year you made a smart call.

You protected yourself against the cost and stress of an unexpected ATO audit, inquiry, or review and we don't take that trust lightly.

As we head into a new year, it's time to renew your Journey2 Tax Audit Cover, so that same peace of mind keeps working for you.

One less thing to worry about. That's the whole point.

YOUR TAX COVER IS UP FOR RENEWAL — SAME PROTECTION, SAME PEACE OF MIND.

Renew your Journey2 Tax Audit Cover today! Check your inbox for renewal details or reach out to the team.

Business failure rarely happens overnight. It usually starts much smaller. The follow-up call that wasn't made. The proc...
14/08/2026

Business failure rarely happens overnight.

It usually starts much smaller.

The follow-up call that wasn't made.

The process that wasn't documented.

The difficult conversation that was avoided.

The strategy meeting that kept getting pushed back.

The financial numbers that weren't reviewed closely enough.

None of them seem like a big deal on their own.

But small decisions compound.

And that's true on the upside too.

One better decision.

One better habit.

One better conversation.

One improvement to the way you operate.

Repeated consistently, they can completely change the trajectory of a business.

Your results aren't only created by the big decisions.

They're created by the small ones you make every day.

Question:

What's one business decision you've been putting off?

For more thinking around how mindset shapes business outcomes, read “How to Think About Your Business” in The Boss Factor Library.

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