Trusts an issue if Labor wins (The Aust 28/08/18)

The Federal Government has demonstrated its inability to articulate to voters that a change of government will mean a significant change — that means an increase in taxation. The ALP has flagged negative impacts in signalling likely policy changes in the areas of capital gains tax, negative gearing, franking credits rebates and personal taxation.

Investors planning for the prospect of a change of government have no doubt considered the ALP’s plans for their underlying investments, but a crucial issue that has flown under the radar is the ­planned changes to trusts.