The 2026 Federal Budget proposed a 30% minimum tax on discretionary trusts from 1 July 2028. Here is what was announced, which trusts and income types are excluded, what rollover relief is on the table, and why the right response right now is to be informed rather than restructure.

Managing a trust comes with its share of responsibilities, especially regarding tax compliance…

The ATO keeps a close eye on non-compliance when it comes to trusts. If you want to be certain that you are doing the right thing as a holder of a trust, a trustee or a beneficiary when it comes to tax, it’s important to speak with a professional tax expert, like us.