30/07/2026
In the 2026–27 Federal Budget, the Government announced that it would introduce a 30% minimum tax on discretionary trusts from 1 July 2028. Here are the highlights of what we know so far.
If you have a discretionary trust, it’s worth booking time in now to discuss how the minimum tax may affect you, and whether exiting a discretionary trust structure may be the right course of action for you or your business.