High-income earners use discretionary trusts to pay less tax, but will budget change have unintended consequences?

The federal budget includes a new 30 per cent minimum tax on discretionary trusts. Experts say it is not just the ...

Budget assault on wealth protection strategies goes beyond the grave

Wealthy will-makers will have to choose between losing their tax perks or weaker asset production for their heirs.
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What is a trust – and should you use it to avoid inheritance tax?

Government plans to make inheritance tax due on pensions, plus other changes to IHT rules, have seen a leap in people enquiring about the use of trusts to protect their wealth. So what are trusts, and ...

Jim Chalmers’ war on family trusts in budget wealth grab

Family trusts will be whacked with a minimum 30 per cent tax from 2028 as the Albanese government takes a sledgehammer ...
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The hidden losers of the Federal Budget: Trust tax targets the wrong “rich”

The combination of CGT changes, the trust minimum tax, and the negative gearing restrictions represent a fundamental shift ...

Family trust clampdown: Is this the end of income splitting?

More than 200,000 small businesses will be forced to rethink their tax arrangements in what’s being described as the biggest ...