Monthly update, May 2026

#### Budget musings: Changes to negative gearing, the CGT discount on the cards

Welcome to the May edition of our client newsletter. This month, we’ve compiled a selection of timely and practical insights across tax, superannuation and financial planning, helping you stay informed, confident, and in control of your financial decisions.

• Federal Budget insights: Potential changes to negative gearing and the CGT discount, and what they could mean for investors.

• ATO fuel relief support: New payment plans available for businesses impacted by rising fuel costs.

• CGT guidance: Key considerations when assets are lost, destroyed, or acquired through options.

• SMSF strategies: Why a corporate trustee may be a smarter choice for your super fund.

• Super contributions after 67: Understanding the work test and how to qualify for tax deductions.

• Retirement planning: A practical guide to the Commonwealth Seniors Health Card and eligibility strategies.

• EOFY tax planning: A comprehensive checklist to help reduce tax and prepare before 30 June.

• Superannuation checklist: Tips to maximise contributions and benefits before year-end.

*Why a corporate trustee can be the smarter choice for your SMSF* An overview of why a corporate trustee may be a more effective structure for SMSFs, highlighting benefits such as greater flexibility, easier administration, improved continuity, and potential cost and compliance advantages.

We hope you find this edition informative and valuable. As always, if you have any questions or would like advice tailored to your circumstances, please don’t hesitate to get in touch.

We hope you find this edition informative and valuable. As always, if you have any questions or would like tailored advice, please don’t hesitate to get in touch.

This issue reflects the law when it was published. Tax and super rules change often, so please call us before acting on anything in it.