Who this impacts?
Business Groups
Family Groups
Trusts
Retirees with SMSF
Investors
Key Tax Changes
Capital Gains Tax (CGT) Changes
Proposed 30% Trust Tax Undergoes Significant Changes
Draft legislation introduces a new fixed distribution election, allowing trusts to avoid the proposed 30% minimum tax, although it significantly reduces flexibility and may create long-term restructuring challenges.
Trust Tax Changes Create Complex Planning Issues for Family Groups
The proposed 30% minimum tax on discretionary trusts could significantly increase costs for private groups, forcing many to choose between higher tax burdens or costly business restructures.
Important Changes to Proposed Tax Reforms for Businesses and Trusts
Following consultation, the Government has revised key Budget tax measures, expanding small business CGT concessions, supporting start-ups and providing relief for testamentary trusts.
Proposed 30% Trust Tax Undergoes Significant Changes
Budget tax reforms may alter after-tax outcomes, transaction timing and deal value. Buyers and sellers should prioritise early planning, structuring and tax governance.
Discretionary Trusts Changes
Proposed 30% Trust Tax Undergoes Significant Changes
Draft legislation introduces a new fixed distribution election, allowing trusts to avoid the proposed 30% minimum tax, although it significantly reduces flexibility and may create long-term restructuring challenges.
Trust Tax Changes Create Complex Planning Issues for Family Groups
The proposed 30% minimum tax on discretionary trusts could significantly increase costs for private groups, forcing many to choose between higher tax burdens or costly business restructures.
Important Changes to Proposed Tax Reforms for Businesses and Trusts
Following consultation, the Government has revised key Budget tax measures, expanding small business CGT concessions, supporting start-ups and providing relief for testamentary trusts.
Proposed 30% Trust Tax Undergoes Significant Changes
Budget tax reforms may alter after-tax outcomes, transaction timing and deal value. Buyers and sellers should prioritise early planning, structuring and tax governance.
