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Showing 1 - 10 of 20 results for "Discretionary trusts"

FAAA flags gaps in discretionary trusts tax reforms, deficient framework

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
... rules and guidance have been finalised. Treasury released the draft legislation on the 30% minimum tax on discretionary trusts in early September, consulting on how the minimum tax will work, what types of trusts and income should be excluded and how ...

Treasury launches minimum tax on discretionary trusts draft legislation

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
Treasury has released draft legislation on the minimum tax it is set to impose on discretionary trusts from 1 July 2028. A 30% minimum tax on certain discretionary trusts will apply and be payable by the trustee. Treasury is seeking feedback on several ...

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
... exempt from the new minimum tax on capital gains. The treatment aligns with exemptions already available to discretionary trusts. How CGT changes to Attribution Managed Investment Trusts (AMITs) should be applied is also up for discussion. Further consultation ...

FAAA calls for rethink on trust tax overhaul

VINNY VUCAGO  |  TUESDAY, 4 AUG 2026
... Financial Advice Association (FAAA) has urged the federal government to reconsider its proposed minimum tax on discretionary trusts, warning the reforms could impose significant costs on small businesses, financial advisers and lower income Australians ...

GDG delivers 36% jump in FUM

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026
... tax-effective structures outside superannuation," GDG said. "The 2026 Federal Budget's tax reforms to capital gains, discretionary trusts and negative gearing significantly widens the pool of investors likely to consider investment bonds. We expect the ...

Government consults on discretionary trust tax

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
The government is consulting on the minimum tax on discretionary trusts set to come into effect 1 July 2028. Announced during the 2026 Federal Budget, Treasury is now seeking industry feedback on the incoming tax around the expanded rollover relief ...

Product showcase: Reframing financial advice

THE FINANCIAL STANDARD TEAM  |  MONDAY, 15 JUN 2026
... centred on proposed changes to Capital Gains Tax (CGT) rules, negative gearing, and the tax treatment of discretionary trusts. Against this backdrop, many advisers are already preparing to navigate a changing tax environment. While reforms still require ...

Structural reforms necessary despite global shocks: Chalmers

RIDDHIMA TALWANI  |  THURSDAY, 14 MAY 2026
... objectives put focus on an overhaul of the capital gains tax (CGT) discount and negative gearing, tax on discretionary trusts to address intergenerational inequity, pushing for investment risk taking and increased savings from programs like the National ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... held as of 12 May 2026, meanwhile, will be exempt and arrangements will not change for existing investors. Discretionary trusts, meanwhile, are set for a shakeup after being slapped with a 30% minimum tax. From 1 July 2028, Chalmers proposes to introduce ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that ...
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