22/10/2026
Family trust tax changes are now before Parliament.
The Federal Government has introduced legislation proposing a 30% minimum tax on certain distributions from discretionary trusts.
The proposed changes could have significant implications for families and business owners who use trusts to distribute income.
With the reforms expected to commence from 1 July 2028, subject to parliamentary approval, now is a good time to review existing arrangements and consider the potential impact.
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