Draft rules would raise proprietary company reporting thresholds from 1 July 2027 Proposed, not yet law
Treasury has released draft regulations that would raise the thresholds for large proprietary companies to $100 million consolidated revenue (from $50 million) and $50 million consolidated gross assets (from $25 million), for financial years starting on or after 1 July 2027. This is a consultation draft, not law. Consultation closes 2 November 2026.
Who this affects. Doctors with a company in a practice or group structure that is near the current large proprietary company thresholds. Whether it matters depends on your own circumstances.
Included / Not included
Included
- the proposed revenue and gross asset thresholds
- the proposed start
- the consultation close date
Not included
- the employee-count test
- the final law (not made yet)
- state rules
Starts 1 Jul 2027 (proposed) · Checked 21 Oct 2026
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