Trust

Know Changes to the Application of Foreign Surcharges for Trusts Holding NSW Residential Property

The State Revenue Legislation Further Amendment Act 2020, which came into effect in New South Wales on 24 June 2020, includes changes to “foreign person surcharges” for purchaser duty and land tax relevant to residential land in NSW owned by discretionary trust. So, if you are concerned about some changes of foreign surcharges for trusts …

Know Changes to the Application of Foreign Surcharges for Trusts Holding NSW Residential Property Read More »

Advantages and Disadvantages of a Discretionary Trust

If you are considering starting your business through a discretionary trust, it is important to understand how the discretionary trust will impact your business running and understand this structure is appropriate for meeting your purposes. In this article, we’ll explain the advantages and disadvantages of a discretionary trust. What Is a Discretionary Trust? Discretionary trusts …

Advantages and Disadvantages of a Discretionary Trust Read More »

Scroll to Top