Australian trust tax return form on a desk, illustrating the 2026 Budget 30% minimum tax changes for discretionary trusts

2026 Budget: 30% Minimum Tax on Discretionary Trusts

Have a discretionary trust? Or run a small business through one? Or distribute income to a non-working spouse, adult kids studying, or a parent helping out? Then this Budget measure is for you. The 2026-27 Federal Budget proposed a 30% minimum tax on the taxable …