Trusts. Bucket companies. The way you pay yourself. The way you protect your assets. The way you split income with your family. All of it is on the table. From 1 July, a defined window opens where you can move without triggering the worst of the tax consequences. Outside that window, the moves get expensive, and some of them stop being available at all. The business owners who get this right will spend the next 90 days getting clear on the direction. The ones who don't will find out the hard way.
Here's the high-level on what's moving. The detail still has to land in legislation, but the direction is set. If any of these affect how you operate, you need to be on the webinar.
Around 350,000 Australian small businesses operate through a discretionary trust. The way that income flows to beneficiaries is being restructured at the policy level. If your business runs through a trust, this is the section you need to understand cold.
If you've been running a bucket company to manage trust distributions, the framework around how that works is changing. Some structures stop doing what they were set up to do. Others may need to be wound up before the window closes.
Moving structures normally triggers capital gains tax. For a limited period, you can restructure without that hit. The window is real but it isn't infinite. The business owners who get this right will start the conversation this quarter.
The business owners who get this right will start the conversation this quarter. The ones who don't will find out the hard way. Thursday night, 7pm AEST, 90 minutes online.
Save My Seat →