This image is a close-up shot of five, twenty and fifty dollar Australian notes on a grey surface. On top on the notes is an Australian two dollar gold coin.

ATO Signals Attack on Trusts

Before we get into today’s main topic – Budget 2022/23 – we wanted to note with you all that earlier this month we were in a Zoom call with over 5,500 other accountants and taxation specialists across Australia, working through some of the curlier aspects of the ATO’s recently proposed changes to family trust distributions.…

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