tax law
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Special Disability Trusts (SDT) – Tax Treatment Issues
Posted bySince 2006, families have been able to establish an SDT to provide for the current and future care and accommodation needs of a family member with severe disability (the "principal beneficiary"). SDTs attract social security means test concessions for the eligible contributors and the principal beneficiary.
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The ‘Magic Pudding' does exist
Posted by John McKellWe recently provided tax advice to a financial advisor on the restructure of a business owned by a husband and wife client which resulted in significant savings. The couple, each aged 55, had during their working life run a small business using a family trust and owning their business premises.
By working closely with the client’s financial advisors, we were able to have the client:
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