18/06/2026
π Exciting news for us in Estate Planning as Anthony Albanese and Jim Chalmers announced in a press conference this morning that all testamemtary discretionary trusts will be exempt from the proposed 30% minimum tax on discretionary trusts!
This means that all of the current advantages that we preach for our clients will remain the same π
If you would like to speak to our team about these changes, or if a testamentary trust should be considered as part of your estate planning, give us a call on (02) 4250 4374 or email us at [email protected]
You can also read all the details regarding the media release here:
https://www.pm.gov.au/media/tax-reform-implementation-small-business-and-startups