Trust Accounting & Tax Returns Perth

Built through years of hard work, your family’s wealth deserves a trust that protects it and a tax bill kept to a minimum. We handle both. Book your trust tax return today.

What Is A Trust Tax Return?

A trust tax return reports the trust income earned across the year, from rent, interest, dividends, and other payments through to capital gains, to the ATO. Unlike a partnership or a company, a trust itself usually pays no tax. Its net income is distributed to the beneficiaries, who receive their share and are liable for the tax on it at their own marginal rate, while the trustee lodges the return using form NAT 0660.

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Our Trust Tax Services

As registered tax agents and chartered accountants, we cover every part of your trust’s tax, for family, discretionary, and unit trusts.

Preparation And Lodgement

We prepare and lodge your trust tax returns accurately, calculating each beneficiary’s share so no amounts are missed or double counted.

Distributions And Tax Planning

We check every distribution and use income splitting to reduce your tax liabilities and tax payable, keeping your trust deed and trustee resolutions signed before 30 June.

Property, Resources And Complex Trusts

We handle the trickier work Perth throws up, such as property development trusts where profits can be taxed as revenue rather than capital, and structures holding resources-sector income or several investment properties, including how RevenueWA assesses land tax and transfer duty. We also set up new trusts for asset protection and family succession, including where a deceased estate is involved.

Trust Tax Rules Are Changing

Trust rules rarely sit still. A proposed 30% minimum tax on discretionary trust distributions has been flagged to begin 1 July 2028, though many trusts are expected to be unaffected. We track these shifts and adjust your tax planning before they reach your return.

Client Success Story

The founders of a Perth mining-services business, now easing into retirement in Mosman Park, run a family trust holding their share portfolio and two investment properties. They came to us anxious about passing a lifetime’s work to their children without surrendering a slice to the tax office. We spread the year’s distribution across family members, applied the 50% CGT discount on a share sale, and settled their WA land tax position. Their tax bill fell sharply, and the legacy they had spent thirty years building stayed whole.

Why Choose Us As Your Perth Trust Accountant

With more than 55 years of combined experience as registered tax agents and chartered accountants, we know the trust structures that Perth’s business owners, property investors, and resources families rely on. That depth translates into fewer surprises, tighter tax outcomes, and a trust that stays compliant with both the ATO and RevenueWA.

Frequently Asked Questions

These are the questions Perth families and business owners ask us most about trusts.

When Is A Trust Tax Return Due?

Trust tax returns are generally due by 31 October, though lodging through a registered tax agent like us can extend that date. We confirm your deadline and prepare well ahead of it.

Does A Trust Pay Tax?

Usually not. A trust distributes income to beneficiaries who pay the tax, but any income left undistributed is taxed to the trustee at the top rate, which we help you avoid.

Can A Trust Protect My Assets?

Yes. Held correctly, assets in a family trust are shielded from creditors and can pass across generations, which is why WA families use them to protect hard-won wealth.

Lodge Your Trust Return With Confidence

A trust is one of the strongest ways to protect your family’s wealth and reduce your tax, but the benefits only hold when the returns are accurate and the distributions are right. Get them wrong and the advantages erode year by year. We make sure that never happens.

Contact us to discuss your trust. Call, email, or visit our Perth office on (08) 9375 9252 or reception@perthtaxpro.com to book your trust tax return today.