Trust Tax Return
Trust structures are becoming increasingly popular, as they offer flexibility and are highly customizable. Actually, a SMSF is also a trust structure. At iCare Super, we provide a range of services to help our clients set up and manage their trusts effectively.
Here are the different types of trusts that we can help set up based on your individual needs:
- Discretionary trust/family trust
- Unit trust
- Hybrid trust
- Custodian trust
Depending on the business type and specific taxation rules, the above-mentioned trusts can also be structured into the following trusts:
- Business trust
- Service trust
- Investment trust
- Trust fund
- Medical trust
- PSI trust
When setting up a trust, such as a family trust, there are several factors that need to be considered carefully, including control and management, tax savings, assets protection, and estate planning.
At iCare Super, we have over 15 years of experience in trust setup and tax returns, and we offer the following services:
- Trust setup, ABN/TFN application, and registration for GST/PAYG withholding tax
- Trust financial reports, tax return preparation, and trust distribution statement
- Tax planning for the trust, including distribution advice
- Bucket company setup for the trust
Our team of specialized accountants can provide comprehensive and professional advice and support to help you navigate the complex world of trusts. Contact us today if you have any questions or need help setting up your trust.