News

The Next Move Budget Edition – May 2026

In this issue

  • 2026-27 Federal Budget — A Night of Significant Change
  • The $1,000 Instant Tax Deduction
  • $250 Working Australians Tax Offset
  • Changes to the Fringe Benefits Tax Exemption for Electric Vehicles
  • Changes to the Capital Gains Tax Discount
  • What the CGT Changes Mean for Business Owners
  • Changes to the Taxation of Trust Distributions
  • Changes to Negative Gearing — What Property Investors Need to Know
  • Superannuation — Key Changes From 1 July 2026
  • Research and Development Tax Incentive — Changes From 2028
  • Good News for Companies — Loss Carry-Back and Start-Up Incentives
  • Instant Asset Write-Off — Now a Permanent Feature
  • Fuel Excise and Other Budget Updates
  • What Should You Do Now?

RVN Special Budget Edition

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An Update On Cyber Security, Resilience And Your Privacy

As the events of COVID-19 have demonstrated – and indeed, this week’s major news around state-sponsored ransomware attacks and data theft directly on Australia – our personal privacy, the protection of our financial information and even our very identities, has never been more crucial.

It has become so important to ensure we’re doing everything we can to protect ourselves from those threats that would have our privacy opened up on the dark web. Business owners have an even greater responsibility for both their own and their client’s privacy.

Yet so often, not enough is being done, because so often, people don’t know where to turn.

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JobKeeper Payment – Ongoing Reporting

This information is intended for those businesses that are currently receiving JobKeeper payments, or for those who anticipate they will be entitled to the JobKeeper payment for the month of May 2020 and have not previously been eligible.

Please feel free to share this amongst your colleagues.

There are a number of keys steps required to continue to receive the JobKeeper payments.

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South Australian Land Tax Changes

This information is for land owners in South Australia. If the only land you own is your family home, owned in your/spouse’s personal name, the changes will not affect you.

This may not be applicable to your circumstances at present, however, please feel free to share this with any family, friends or colleagues.

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JobKeeper Payment For Small Business

This information is for small businesses who qualify for the JobKeeper payment. If you qualify, you will need to take steps in the near future to enrol and apply for the payment.

This may not be applicable to your circumstances at the present, however, please feel free to share this with any family, friends and colleagues.

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Government Of SA $10,000 Emergency Cash Grant For Small Business

The information below is applicable to small businesses with employees in South Australia. If this does not apply to you, please feel free to forward this information onto any of your family, friends, colleagues, or people in your network who you believe could benefit from these measures.

The SA State Government has announced the availability of cash grants of $10,000 to small businesses, not-for-profits organisations, and sporting and community organisations, affected by the Covid-19 pandemic. Please note these are available to South Australian businesses in addition to the Federal Government stimulus measures already announced, which include the Cash Boost and Jobkeeper packages.

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