About-face on trusts restores $22,000 tax-free threshold
Andrew HobbsWealth reporter FINANCIAL REVIEW Updated Jun 19, 2026 – 8.33am,first published at Jun 18, 2026 – 4.27pm Testamentary trusts will receive favourable tax treatment permanently after Labor caved to pressure to exempt them from a new tax floor of 30 per cent. These trusts, known as discretionary testamentary trusts, are written into a person’s will and […]
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