The change means that a whole class of trusts will be exempt from the proposed 30 per cent minimum tax rate in a win for the beneficiaries of inherited wealth.

If you intend to keep real estate assets beyond June 30, 2027, here’s what you need to know about getting them valued.

Labor has granted tax concessions to small businesses, start-ups and testamentary trusts, in a partial surrender following a backlash against its contentious budget tax changes.

The change means that a whole class of trusts will be exempt from the proposed 30 per cent minimum tax rate in a win for the beneficiaries of inherited wealth.