BG Private

The Government has released its first draft of legislation on the proposed 30% minimum tax for discretionary trusts - and there's a new way to avoid it.

The headline change: trusts can now nominate their beneficiaries and lock in fixed distribution percentages to sidestep the 30% tax altogether.

Our Tax Partner Tim explains the three pathways available to discretionary trusts: do nothing, nominate beneficiaries, or restructure.

Read Tim's full breakdown at https://bgprivate.com.au/insights/articles/the-discretionary-trust-tax-rules-have-changed/ or contact our team to find out what these changes mean for your situation.

We want to hear from you!

Our 2026 Client Satisfaction Survey is now live, and we'd love a few minutes of your time to tell us how we're doing.

What's working? What could be better? Your honest feedback helps us keep improving the way we support you - because at the end of the day, this business is built around getting it right for our clients.

✅ Takes just 5–10 minutes
✅ Every response helps shape real change
✅ Go in the draw to WIN a $500 David Jones Gift Voucher

👉 Check your inbox now for your survey link!

Survey closes Friday 25th September - we'd love to hear from you before then!

Made a profit, but your bank balance doesn't feel like it?

It's one of the most common things business owners raise with us - and it usually comes down to a gap between what your numbers say and what you can actually see week to week. Our Senior Advisor Quan Luu explains why that gap matters, and why now's a good time to close it.

Read Quan's full breakdown at https://bgprivate.com.au/insights/articles/what-your-bank-balance-isnt-telling-you-and-what-would or contact our team to find out what this means for your situation.

Does your business or investment structure still stack up?

Changes to capital gains tax and how discretionary trusts are taxed are shifting the ground under a lot of structures that have worked well for years. Our Tax Partner Tim explains why it's worth a second look - and what owners should be weighing up.

Read Tim's full breakdown at https://bgprivate.com.au/insights/articles/your-business-structure-is-about-to-change-heres-why or contact our team to find out what these changes mean for your situation.

What a great night at Meet the Mid Tiers (MTMT), hosted by the Monash Accounting Students' Association (MASA)! 🎉

BG Private had a booth on the night, with Yash and Addie from our team on hand to chat with students about graduate and vacationer opportunities, what makes the mid-tier experience unique, and the career pathways available in accounting.

Always a pleasure connecting with students taking their first steps into the profession - thanks for having us, MASA!

We’re growing!

Welcome aboard to our recent new joiners – we can’t wait to see the future you’ll shape for our clients and yourselves!

The Federal Budget's tax reforms are shifting - and it's worth knowing what's changed.

After months of lobbying, the Government has agreed to several amendments to the draft legislation. Our Tax Partner Tim explains what it means: the CGT discount will still apply to start-up investments and a wider band of small businesses, testamentary trusts are now excluded from the new trust tax rules, and SMSFs are set to lose the ability to borrow for residential property purchases.

Worth a read if any of this touches your investments, business, or super.

Read Tim's full breakdown at https://bgprivate.com.au/insights/articles/budget-tax-reforms-are-shifting-heres-whats-changed/ or contact our team to find out what these changes mean for your situation.

Congratulations all round at BG Private! 🎉

This year we're celebrating one of our biggest rounds of promotions yet - 22 team members recognised for their hard work, from our newest Intermediate Accountants and Auditors right through to Alex Young, who steps up to Partner, Audit.

Huge congratulations to all of you - we're so proud!