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The Trust Debate... An ALP Win, page-22

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JonnoH

16,319 Posts.

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01/08/17

11:45

Post #: 26211966
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Originally posted by TheColonel ↑

Personal exertion is taken care of in the PSI and PSB rules. Those rules target income splitting and the use of companies / trusts where persons incorporate to contract their services.

Bill Shorten and the ALP attack on trusts is just one big money GRAB! Its a scam.

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Yes it's a money grab, which is exactly what they should be doing. A fair money grab imo.

PSI/B caters for service based workers setting up as company to claim dedns and employers to absolve themselves of employment responsibilities. Very different to companies acting as trustee for a discretionary trust imo.
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