The Australian tax landscape may be on the verge of one of its most significant shifts in decades.
Changes to the capital gains tax (CGT) regime and discretionary trust taxation could have significant implications for business owners, family groups, investors and private wealth holders. While not all of the proposed changes are yet law, they present an important opportunity to assess whether existing structures remain fit for purpose and identify potential planning opportunities before any reforms take effect.
Sean Urquhart hosted a webinar on Tuesday, 13 October, discussing the proposed changes to capital gains tax (CGT) and discretionary trust taxation, including the potential implications for business owners, investors, family groups and private wealth holders.
Through technical insights, practical examples and real-world scenarios, the session explored the opportunities, risks and strategic considerations arising from the proposed reforms, along with key planning considerations for those reviewing their existing wealth and business structures.
What was covered
Through practical examples and case studies, the webinar explored:
- Changes to the CGT discount and valuation methodology
- Transitional rules and valuation considerations
- The proposed 30% minimum tax on discretionary trust distributions
- Fixed trust and distribution rules
- Restructuring considerations for family groups and private businesses
- Practical scenarios demonstrating the potential impact of the proposed reforms
- Key questions business owners, executives and wealth holders should be considering today
Who was this webinar for?
This webinar is relevant for business owners, investors, executives, family groups and advisers who want to understand the potential implications of the proposed CGT and discretionary trust reforms. It will be particularly valuable for those considering whether existing structures remain appropriate and what planning opportunities may be available before any changes take effect.
