Cover of Jason Featherby: Family Trusts are Changing: What Do You Need to Know?

Jason Featherby: Family Trusts are Changing: What Do You Need to Know?

Jason Featherby: Family Trusts are Changing: What Do You Need to Know?

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Family trusts have been a large part of tax planning for businesses for decades. The Federal Government has introduced legislation that would apply a 30% minimum tax to certain discretionary trusts from 1 July 2028. This would impact around 850,000 discretionary trusts Australia wide. Do you have a family trust or considering applying for one? Jason Featherby from Leeuwin Wealth shares his top tips for navigating the future of Family Trusts.

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