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Labour hire arrangements and discretionary trusts
20 April 2011
The ATO has issued a taxpayer alert warning taxpayers who have been advised to use a discretionary trust to split income with associates or family members that it might not be the most tax effective arrangement.
This is particularly relevant where payments are received in relation to personal services. There may also be issues that arise under the PAYG withholding and superannuation guarantee rules in connection with these arrangements.
If you aren’t sure of your position, contact our team on 02 9957 4033 or send us an email with details of your situation and a member of our team will contact you promptly.
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Disclaimer
The material and contents provided on this website and in our print, email or downloadable publications are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained. Liability limited by a scheme approved under Professional Standard Legislation.
The material and contents provided on this website and in our print, email or downloadable publications are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained. Liability limited by a scheme approved under Professional Standard Legislation.
