@hivewise_au: There have been some recent developments about the proposed 30% tax on trusts 📝

The Wise Accountant
The Wise Accountant
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Region: AU
Monday 13 July 2026 07:48:42 GMT
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aussiekoala0
aussiekoala :
how about have a referendum people's consent should be required before any large structural changes to tax reform
2026-07-18 02:35:49
0
slipperysam5
SlipperySam5 :
Australia.. A Captainless ship.. being steered by half witts...
2026-07-17 12:05:58
0
whatthedog420
No no no :
Can someone explain to me the moral reasoning as to why this tax break should exist?
2026-07-13 08:42:20
5
mike018030
M018030 :
Can someone please explain why the word MINIMUM is stated?? What scenario would see it higher than 30% please??
2026-07-13 12:40:57
5
coffee_chaser_au
Coffee_Chaser :
How many accountants support these changes?
2026-07-13 08:44:15
5
wintox73
Wintox :
Vampires
2026-07-13 13:20:05
7
tworedshoesmortgagebrkr
Rebecca :
Rollover relief - but not stamp duty relief…
2026-07-13 22:55:08
4
oneticktock1
oneticktock :
Government with a right mind should listen to Scott Kuru who had highlighted where government wastes, gas and oil royalties, and many other ways to achieve higher revenue instead of squeezing tax payers.
2026-07-13 12:01:01
2
theocrat_12
Theocrat🐯 :
slowly eroding the middle class
2026-07-14 11:26:33
2
longlivethevines
Steve :
So frustrating there's no clarity yet and throwing current planning into the wind.
2026-07-13 08:03:26
3
ferret9301
Ferret :
Why don't they tax their own trusts
2026-07-13 09:06:18
1
joshp553
joshp :
OMG. What a disaster.
2026-07-15 11:44:44
1
clvr.ajvr.mwvr.lppdc
CLVR :
lawyer here. trusts should exist to protect vulnerable people. not as a way to invest, split income, or aggressive tax minimisation. nothing wrong with investing, but pay the tax on the incomes you ultimately enjoy the benefits of. invest through companies.
2026-07-13 13:16:53
2
notagain996
notagain :
I have to be honest, the more i look at Australia tax , the more im considering leaving
2026-07-13 22:04:56
2
ajayman_
ajayman_ :
Your frustration just tells me we are on the right path
2026-07-13 13:09:45
1
lennylen70
lennylen70 :
It’s called “consultation”…..
2026-07-13 09:52:22
1
smaxwell_88
Lenny Moore :
Machiavelli.
2026-07-13 12:15:07
1
joshp553
joshp :
Reset is coming
2026-07-15 11:44:54
1
flystrike6
flystrike :
Onya!
2026-07-13 10:38:29
1
deanpopofficial
Dean 🇦🇺 :
The short submission time is testament to this regime, let alone, a time of year when tax practitioners are of course very busy. Built by design. But I hope (as I will be) that tax practitioners stand up for their clients and themselves and do flood the consultation with scathing suggestions.
2026-07-13 20:42:20
1
ozgroupfinance
Enver | Mortgage Broker :
Who in their right mind will use trusts if this gets passed?? How would it ever make sense in what scenario? Just go company and call it a day???
2026-07-13 22:28:44
1
bigandy333
Andy :
Good stuff Keep up the good fight with Jesus everyone
2026-07-14 07:04:00
1
anonnymouse17
user7508768910060 :
Posted on another page For a nation to try and tax itself into prosperity …. Is like a man standing in a bucket trying to lift himself up by the handle. - Winston Churchill 1904
2026-07-16 05:36:35
1
lanhuftsqnl
Lan :
Bro…if you guys rich…better off this one…
2026-07-14 06:35:59
1
serj9631
SΞR𝕵 :
say noooo
2026-07-13 12:17:32
1
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