S.O.S Accountants is able to assist and advise on all types of trusts such as:
- Family Trusts.
- Discretionary Trusts.
- Unit Trusts.
- Hybrid Trusts.
- Deceased Estates.
A trust may be set up for a number of reasons including running a business, investing and holding assets.
The main advantage of a trust structure is the ability to minimise taxation, whilst offering some flexibility in terms of privacy and limited liability.
A trust is useful for holding assets which attract capital gains tax. A company structure is not entitled to a Capital Gain Discount but a Trust is - and this can reduce the capital gains tax payable by up to 50%.
By its nature, a trust structure is a highly involved, legal process and professional advice is necessary.
S.O.S Accountants can help. Call us on 02 9588 9588 or Contact Us via our online form to make an enquiry.