Last night’s Federal Budget announced major proposed changes to capital gains tax, negative gearing, and the taxation of trusts.
The proposed changes to capital gains tax and negative gearing will significantly impact investors and property owners, while the proposed changes to the taxation of trusts will have a major impact on business owners and investors currently utilising trust structures.
As the proposed trust taxation changes are expected to come into effect from 1 July 2028, there is still time to review your current structure and plan ahead.
We encourage clients who are affected by the changes to contact our team, or book a meeting through Calendly here.
Kind Regards,
Eric Cirulis
Director/CEO