The government released draft legislation on Thursday last week (3 September).
For accountants, this is significant. It is the first time there has been enough detail to give clients real, grounded answers on how discretionary trusts will be taxed going forward.
This webinar covers:
- How the proposed 30% minimum tax works and who it applies to from 1 July 2028
- Which trust types and income types are excluded under the draft
- Restructure options and roll-over relief available from 1 July 2027 - and now a NO - RESTRUCTURE option!
- What the draft legislation confirms, and where gaps remain
- What to tell clients now, with confidence
Presenters
David Boyar
General Manager, ChangeGPS
David joined ChangeGPS as GM of Growth and then CEO to drive the development of the industry after founding The Virtual CFO Association and co-hosting 'From the Trenches'—Australia's #2 iTunes business podcast. David's one of the youngest Fellow Chartered Accountants in Australia. He loves using accounting to help Aussie mums and dads so much that he did a TedX talk on it.
Timothy Munro
Founder & Executive Director, ChangeGPS
Tim founded ChangeGPS after founding the award-winning accounting firm Change Accountants & Advisors. Tim is a former Director and Queensland President of the Institute of Public Accountants. He lives and breathes his professional passion for accounting. At ChangeGPS Tim fuels the vision for a better accounting industry using technology and best practice. Outside work, Tim’s a parent, drummer, and cricket-player.