Avoid tax with trust distribution resolution

HomeInsights

Do you have a Discretionary (Family) Trust?

In the lead-up to 30 June, you can avoid paying an extra tax of up to 47% of Trust profits by completing your Trust Distribution Resolutions before 30 June.

If a Trustee of a Trust fails to make a resolution to distribute the income of the Trust before the end of the financial year, the Trustee may be assessed by the Australian Taxation Office (ATO) on the Trust income at the highest marginal tax rate of 47%, rather than the intended beneficiaries being taxed at generally much lower tax rates.

How we can help

  • Review of your prior year Trust Distribution Resolution
  • Confirmation with you of the estimated Trust income of your Trust for the year ended 30 June
  • Review of your Trust Deed to ensure that the income definition and distribution clauses in your Trust Deed allow the proposed Trust Distribution Resolution for 30 June
  • Advice on the most tax effective distribution of this estimated Trust income

  • Preparation of Trust Distribution Resolution and ensuring it is signed by the Trustees PRIOR to 30 June.

Contact Us

The sooner we get started with preparing your Trust Distribution Resolutions, the sooner we can help you save tax - well before 30 June for sufficient time to implement tax saving strategies.


GET IN TOUCH GET IN TOUCH


Events Coming Soon

2 Feb '26

2026 EXPRESSIONS OF INTEREST - Skybots: RPA & A.I - 2-Days Training Course

After overwhelming demand and sold-out sessions in Perth, Brisbane, Sydney, Melbourne and Mornington in 2025, we’re inviting expressions of interest for 2026. If you missed out earlier or are ready to dive into hands-on automation training, we’re considering additional sessions in various locations across Australia in 2026.


READ MORE READ MORE
18 Dec

UNDER THE HOOD: Accessibility and Inclusion with MP Shire Business

Excellence in Inclusivity and Accessibility recognises businesses for their leadership in creating welcoming, inclusive spaces and ensuring accessibility for all. In this episode, the award-winnings share how inclusion isn’t just the right thing to do - it’s a smart business move. 


READ MORE READ MORE
18 Dec

UNDER THE HOOD: Connected Communities - The Small Business Advantage

The Local Community Connection Award recognises businesses with a commitment to strengthening the Mornington Peninsula community through networks, partnerships and social contributions. This episode features the award-winners as they share practical strategies, proven approaches, and inspiring stories that show how community connection isn’t just good for people - it’s sound business practice. 


READ MORE READ MORE
15 Dec

SKYBOTS: RPA & AI Training Course - Melbourne CBD

LIVE 2-DAY COURSE - MELBOURNE CBD
15 & 16 December 2025

Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA, and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance professionals, bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and optimise VBA scripts, and deploy robust automation solutions independently.


READ MORE READ MORE
11 Dec

SKYBOTS: RPA & AI Training Course - Sydney CBD

LIVE 2-DAY COURSE - SYDNEY
11 & 12 December 2025

Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA, and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance professionals, bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and optimise VBA scripts, and deploy robust automation solutions independently.


READ MORE READ MORE
10 Dec

Living Longer: How to future-proof your retirement income

With more Australians living well into their 80s and beyond, managing your longevity risk is more important than ever. Learn how income products like annuities can support your lifestyle for the long haul – no matter how long your retirement lasts.


READ MORE READ MORE
10 Dec

Understanding the 3 stages of retirement and what they mean for your money

Retirement isn’t one-size-fits-all. We examine the three stages of retirement – and how each one affects your spending, planning and financial wellbeing.


READ MORE READ MORE
10 Dec

SMART Life - Issue 23 - Summer 2026

Understanding the 3 stages of retirement and what they mean for your money, and how to future proof your retirement income.


READ MORE READ MORE
8 Dec

SKYBOTS: RPA & AI Training Course - ADELAIDE CBD

LIVE 2-DAY COURSE - ADELAIDE CBD
8 & 9 December 2025

Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA, and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance professionals, bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and optimise VBA scripts, and deploy robust automation solutions independently.


READ MORE READ MORE


Related News

18 Dec

UNDER THE HOOD: Accessibility and Inclusion with MP Shire Business

Excellence in Inclusivity and Accessibility recognises businesses for their leadership in creating welcoming, inclusive spaces and ensuring accessibility for all. In this episode, the award-winnings share how inclusion isn’t just the right thing to do - it’s a smart business move. 


READ MORE READ MORE
18 Dec

UNDER THE HOOD: Connected Communities - The Small Business Advantage

The Local Community Connection Award recognises businesses with a commitment to strengthening the Mornington Peninsula community through networks, partnerships and social contributions. This episode features the award-winners as they share practical strategies, proven approaches, and inspiring stories that show how community connection isn’t just good for people - it’s sound business practice. 


READ MORE READ MORE
10 Dec

SMART Life - Issue 23 - Summer 2026

Understanding the 3 stages of retirement and what they mean for your money, and how to future proof your retirement income.


READ MORE READ MORE