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- 54articles · 30d
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- Aug 17, 2026earliest in window
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News
Minimum tax on trusts another masterclass in inept tax reform
4+ day, 23+ hour ago (788+ words) Matthew Burgess, director, View Legal In what has been the pattern with all legislation since the May announcements, the new rules: Subject to the detailed review the dense new provisions mandate, seven headline issues taxpayers and their advisers will need…...
Still uncertainty despite release of draft legislation on taxation of trusts
6+ day, 22+ hour ago (1039+ words) Fraser Stead and Daniel Butler said the draft legislation released on 3 September represents a significant departure from what was initially outlined in the Federal Budget on 12 May 2026. “The release contained a fact sheet, four pieces of draft legislation and three…...
Treasury releases draft exposure on minimum tax on discretionary trusts
1+ week, 2+ day ago (679+ words) Treasury released the draft legislation on Thursday which is intended to apply from 1 July 2028. It follows Treasury’s initial consultation in July and provides further detail on the scope and operation of the new regime, including exclusions for certain trusts, the…...
Residential property investment, leasing and LRBAs
1+ week, 6+ day ago (442+ words) Miller said on a recent webinar for Super Guardian that despite the changes to the rules on limited recourse borrowing arrangements SMSFs can still acquire residential property if they do it directly. “As long as it’s not leased to a…...