Discretionary and Family Trusts

Some really important changes to how the NSW Revenue office calculates transfer duty and its application to discretionary and family trusts. It is worth taking some time to review your trust deeds if you hold property in NSW. Click on the link below to find out more.

https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/land-tax/trusts/special-trusts#:~:text=A%20special%20trust%20doesn’t,owner%20for%20land%20tax%20purposes.