TaxOfficial change
Trusts tax bill introduced: 30% minimum tax on discretionary trusts proposed from 1 July 2028 Proposed, not yet law
Who this affects. Doctors who use a family trust, a service trust for their practice, or a trust that holds investments may be affected if the bill passes in its current form. The roll-over and election options are part of the proposal and are not available yet. Whether any of this matters for your situation depends on your own circumstances.
Starts 1 Jul 2028
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