The government is introducing changes to the taxation of discretionary trusts.
A 30 per cent minimum tax will apply from 1 July 2028.
These changes aim to make the tax system fairer and more sustainable.
Feedback
We are seeking feedback on key aspects of the proposed changes, including:
expanded rollover relief to support restructuring
how excess franking credits should be treated
ways to collect the minimum tax.
Background
The government announced this minimum tax in the 2026-27 Budget.
It will apply to certain discretionary trusts from 1 July 2028.
It will not apply to other types of trusts. Some types of income are also excluded.
Trusts who choose to restructure can access expanded rollover relief for 3 years from 1 July 2027.
Submit your response
You must submit your response on this website.
Before you submit
To help you prepare your response, we recommend that you:
- read the supporting documents
- prepare your response in Word (DOCX or RTF) format, you can also upload PDF files as an alternative
- read our submission guidelines
- read our privacy policy
You must agree to our privacy collection statement to submit your response.
If you have any issues submitting your response, you can contact us.
