by Peter Ristevski | Jun 6, 2024 | ATO, Tax & Accounting, Trusts
The ATO has warned that it is looking closely at how trusts distribute income and to who. Find out how to avoid penalties this EOFY. The distribution of income by trusts has faced intense scrutiny in recent years. Trustees must carefully consider trust distribution...
by Investment Plus Accounting Group | Mar 15, 2023 | Asset Protection, Business, Family Trusts, Trusts
Although trusts are common, they are often poorly understood. Setting up a trust is often driven by a new business opportunity, a growing business, or a need to better structure your investments. When set up correctly, there are clear tax benefits when it comes to...