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THE WHEELS NOW IN MOTION FOR FAMILY TRUST CHANGES
THE WHEELS NOW IN MOTION FOR FAMILY TRUST CHANGES With the Government set to impose a minimum 30% tax on discretionary or “family” trusts from 1 July 2028, it’s probably time to start thinking about…
Foreign Residents cannot get a CGT exempt home
Foreign Residents cannot get a CGT exempt home If you are a foreign resident for tax purposes when you sell your Australian home, you cannot claim the usual capital gains tax exemption on it. This…