Ballast Group of Companies

If you have a discretionary trust, now is the time to start paying attention.

The Government has proposed significant tax changes, coming into effect 1 July 2028. Although that may seem like a while away, it is a good idea to start planning and preparing now for what this could mean for your circumstance.

In this month's Ballast Brief, we discuss:

👉What's changing
👉Who is affected
👉Exemptions
👉Rollover Relief

Read the full article to understand what the proposed changes could mean for your trust and what you should be considering now:

https://www.ballast.com.au/post/proposed-discretionary-trust-tax-changes

Proposed Discretionary Trust Tax Changes: What You Need to Know Before 2028 The 2026–27 Federal Budget announced a number of significant tax reforms. While the capital gains tax and negative gearing changes received much of the attention, the proposed changes to discretionary trusts are also important for business owners and families who use these structures. Although the...

Our clients work hard to secure their financial future, so you can trust we understand how important it is that we do the same.

Ballast operates as a partner, helping our clients make thoughtful, informed decisions so that they can build lives they’re proud of.

Book a complimentary chat today https://www.ballast.com.au/

A part of our ethos at Ballast is providing clarity to the complex. The financial world can seem daunting to those that haven't had the opportunity to understand it yet. Although we are here to provide our expertise for our clients, we believe that everybody deserves the chance to grow their financial literacy themselves as well.

That is why we have brought in our monthly Ballast Briefs.

This month we discuss Self-Managed Super Funds - what they are, what they look like in Australia, their benefits and the establishment process.

Follow the link below to learn more and as always, reach out to us if you have any questions at [email protected] or (08) 9417 4727

Self-Managed Super Funds (SMSF) Explained What is an SMSF? What are the benefits?

Did you know there are 672,805 Self-Managed Super Funds in Australia?

An SMSF works a little differently from a traditional super fund. Speaking with a financial advisor can help you understand whether an SMSF is suitable for your individual circumstances.

Visit our website to learn more, or book a complimentary chat with our team to discuss your financial position.



Disclaimer: This information is general advice that has been prepared without taking into account your objectives, financial situation or needs. Accordingly, you should consider the appropriateness of any general advice we have given you having regard to your own objectives, financial situation and needs before acting on it.

Accounting with Ballast means having a trustworthy team behind you.
We can help provide bookkeeping services for your business, give you assistance preparing your individual, company or SMSF tax return and discuss a tax plan for the upcoming financial year.
Whatever the circumstances; the Ballast team have the experience and capability to help you move forward with clarity and control.
Let us help you and make it count.

As Ballast continues to grow, we want to make it even easier for our clients to connect with us wherever they prefer.

We're pleased to announce that we're now on Instagram.

If Instagram is your preferred platform, we invite you to follow us to stay up to date with company news, industry insights and the latest updates from our team.

Thank you for your continued support. We look forward to connecting with you on Instagram.

Ballast Group of Companies

To celebrate our three decades of service, we refreshed our brand to reflect Ballast today - and where we're headed tomorrow.

Our rebrand launch event was a wonderful opportunity to bring together our clients, partners and the team to celebrate this exciting new chapter, reconnect, and share what's next for Ballast as we continue to help our clients build lives they're proud of.