Family Trust Distributions Need To Be Minuted By 30 June.

Warning –

If you have a family trust, remember that your trust distributions need to be minuted by 30 June. This year’s federal budget has given the ATO war chest an additional $68 million to crackdown on trust structures and their uses, so it is vital that your trust and distributions are compliant.  Please contact us, your accountant or your lawyer if you have any queries.