# Australian Taxation Office (ATO)

Type: government agency

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/australian-taxation-office-ato-government-agency
Canonical HTML page: https://getlegalbrief.com/entity/australian-taxation-office-ato-government-agency

## Timeline

- **2026-07-07**: Expected passage through Senate — Bill expected to become law within two weeks of the deal, by early July 2026.
- **2026-06-23**: Deal announced between Labor and Greens — Agreement reached to pass contentious tax overhaul, including CGT changes, negative gearing abolition, and SMSF LRBA ban, with a carve-out for startups and NDIS inquiry extension.

## Recent coverage (3 stories)

### Tax Overhaul to Scrap 50% CGT Discount, Ban SMSF Property Borrowing
2026-06-28 11:23:09 · Sentiment: Bearish · Impact: 7/10 · Sources: 8

The deal between Labor and the Greens introduces sweeping changes to Australian tax law, including the end of the 50% CGT discount and negative gearing for established properties, with significant implications for SMSFs and property investors. The amendments close a key super borrowing loophole and extend an NDIS inquiry, reshaping the regulatory landscape.
Full story: https://getlegalbrief.com/story/legal-tax-overhaul-greens-deal

### 30% Death Tax Looms: Budget Targets Testamentary Trusts and Super
2026-06-15 00:03:47 · Sentiment: Bearish · Impact: 6/10 · Sources: 9

Proposed 2026 Budget changes to testamentary trusts will reshape estate planning, restricting income splitting and raising tax on inheritances. Legal professionals must act now to review clients' wills and trust deeds.
Full story: https://getlegalbrief.com/story/legal-death-tax-testamentary-trusts-2026

### Payday Super Compliance Looms as Small Firms Face Cash Flow Strain
2026-03-24 20:04:39 · Sentiment: Neutral · Impact: 5/10 · Sources: 4

Australian small businesses are grappling with the imminent transition to 'Payday Super,' a regulatory shift requiring superannuation contributions to be paid alongside regular wage cycles. This change, effective July 1, 2026, threatens to disrupt cash flow management for firms accustomed to quarterly payment schedules.
Full story: https://getlegalbrief.com/story/payday-super-compliance-small-business-impact-2026

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