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Fundamentals Of Family Trusts

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Date: 01/11/2013

Family trusts are a great tool for small business ownership - but do you know how they work, and how they're taxed?

With the recent rapid growth in the use of family trusts, there's been a corresponding increase in attention from the Taxation Office, and the tax rules have become ever more complex. As Michael Jones of Cummings Flavel McCormack tells us, it's important to understand the fundamentals of family trusts if you want to feel comfortable with using them - and avoid unwelcome visits from the tax man.

  

Topics: Accounting & Tax, Family Business, Investment


Michael Jones, Cummings Flavel McCormack