Labor to hit family trusts (The Aust 09/02/19)

Many small businesses around Australia operate through a family or discretionary trust.

Yet the federal government has not prosecuted the changes proposed by Bill Shorten and Chris Bowen. They aren’t being debated in the mainstream marketplace. These plans are flying under the radar.

Discretionary trusts are a legitimate and positive structure adopted by many in small business, individuals, and families to help support effective planning.