The intent of the initiative to impose a minimum 30% tax on discretionary trusts is to eventually bring all discretionary trusts (termed "minimum tax trusts") within the tax net. We cover the fundamental issues at this point in time.

CGT reform is coming. If you leave your business valuation until a future sale, important financial and commercial evidence may be difficult to reconstruct, and Treasury’s allocation formula may not reflect when your business created its value.

We look at SMSF property valuations and related-party leases, and the importance of having appropriate evidence ready to support market values and arm’s-length rental arrangements during the annual audit.

We recap changes to SMSF borrowing rules and how they impact investments. Learn how SMSF trustees can navigate the changes effectively.

New restrictions on limited recourse borrowing arrangements from August will change how self-managed super funds can invest in property.

If your company or trust earns income mainly from your personal efforts, review your arrangements against the ATO’s updated guidance to avoid costly issues.