Division 7A continues to shape how private companies and trusts manage loans, payments, and unpaid present entitlements — and the Bendel case has become the most significant test of these rules in more than a decade. With the High Court appeal now underway and a decision expected in early 2026, business owners and advisers are navigating a period of uncertainty. This update breaks down what Division 7A covers, the key issues in Bendel, the ATO’s current position, and what you should be doing now to stay compliant.

A testamentary trust isn’t just a clause in your will — it’s a smart wealth-protection structure that can save tax, shield assets, and preserve your legacy for generations. Here’s how it works and why every Australian family with significant assets should consider one.

The Australian Government has confirmed major revisions to the proposed superannuation tax on balances over $3 million. Crucially, the plan now targets realised earnings only, removing the controversial tax on unrealised gains.

The revised two-tier system introduces a 30% effective rate for balances between $3M and $10M, and 40% for amounts above $10M, with both thresholds now indexed to inflation. The new proposed start date is 1 July 2026.

Australia’s R&D Tax Incentive rewards innovation—but only if your project shows clear commercial potential. Discover why revenue pathways matter and how to structure your R&D activities to qualify, comply, and capitalise.