R J SANDERSON & ASSOCIATES

RJS NEWSLETTER

The Federal Budget, rising operating costs and key tax deadlines are all landing at once this month. Here’s what business owners and taxpayers should be paying attention to right now.

May 2026 Issue | Federal Budget, Tax Deadlines & Rising Business Costs

Key Proposals currently being discussed include:

• Negative gearing restricted to new properties from July 2027
• Changes to Capital Gains Tax concessions
• A proposed 30% minimum tax rate on capital gains
• Discretionary trusts taxed at 30% from July 2028
• Pre-CGT asset exemptions potentially removed
• Permanent $20,000 instant asset write-off for small business
• Electric vehicle incentives extended

While these measures are not yet law, they have already sparked strong debate around:

• Housing affordability
• Rental supply
• Investor confidence
• Long-term wealth planning

Roy Sanderson shares his early thoughts on what these proposals could mean for investors, business owners and the broader economy in the latest RJS TV episode.

🎥 Watch Roy Sanderson break down the key takeaways in our latest RJS TV episode.

15 May Tax Deadline Approaching

If you have not lodged your outstanding tax returns, now is the time to act.

In many cases, we may be able to request an extension and help you avoid unnecessary penalties — but timing matters.

If you have not lodged your outstanding tax returns, now is the time to act.

If you are behind on lodgements:

• Email our office as soon as possible

• Contact your accountant directly

• Or book an appointment online

→ Contact RJS About Outstanding Lodgements

Xero Subscription Prices Increasing from 1 July 2026

Xero has announced subscription price increases across a number of plans from 1 July 2026, with increases ranging from approximately 5% to 15% depending on the package selected.

This may be a good opportunity to review:

• Your current subscription level
• User access requirements
• Whether your package still suits your business needs

Our team can help review your setup and discuss alternatives where appropriate.

👉 Speak With RJS About Your Xero Setup

3AW Tax Talk Now Available on Apple Podcasts 

Roy Sanderson’s latest 3AW Tax Talk segment from Friday 2 May 2026 is now available on Apple Podcasts.

Topics discussed included current tax issues, practical planning opportunities and listener questions from callers.

📻 Roy will also be live again on 3AW this Saturday from 9:00am.

Need help?

If anything in this newsletter raises questions, we're happy to talk it through.

Book a phone or face-to-face appointment directly via our website.

www.rjsanderson.com.au |  info@rjsanderson.com.au | 1300 27 28 29

Copyright © 2026 R J Sanderson & Associates Pty Ltd, All rights reserved.
Accounting, taxation, business advisory and consulting services are offered through RJ Sanderson & Associates Pty Ltd ABN 71 060 299 783. Credit services are offered through a professional referral service with RJS Loan Solutions Pty Ltd ABN 25 123 033 116, Australian Credit Licence No. 393942. Wealth management, financial services, and insurance services are offered through a professional referral service with RJS Wealth Management Pty Ltd ABN 24 156 207 126, a corporate authorised representative (No. 438158) of Modoras Pty Ltd. Modoras Pty Ltd ABN 86 068 034 908, Australian Financial Services and Credit Licence No. 233209 is located at Level 3, 50-56 Sanders St, Upper Mt Gravatt Q 4122