Barker & JenningsBarker & JenningsBarker & Jennings

Trust distributions to minor beneficiaries

June 8 2012

Does your Family Trust make distributions to minor beneficiaries?

Due to recent changes to the laws relating to trusts, you need to ensure you disclose all passive income your children receive, otherwise you may find yourself taxed at the highest marginal rate of 45%!

Call us now to allow us to ensure this doesn’t happen to you.