23/06/2026
Don’t forget to complete your Trust Distribution Minute by 30 June 2026. Missing this deadline could result in trust income being taxed at the highest marginal tax rate of up to 47% (including Medicare levy).
With the ATO continuing to focus on trusts, now is the ideal time to review your deed and ensure your distributions are being allocated appropriately for the current financial year.
If you need assistance, we’re here to help.
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