We have some excellent news for anyone currently using, or planning to use, a hybrid trust for their property investing.

Our partners at Macquarie Group Services (MGS) have finally got something in writing from the Tax Office, confirming exactly what they do and don’t want to see in trust deeds in order to happily allow full deductibility for unitholders.

MGS are now recommending, on the back on their discussions with the tax office, that all clients with a hybrid trust should now update their trust deeds as soon as possible. We can help you with that update, even if you first established your trust using another accountant or law firm. We’ve organised a very simple process to get that happening for you, so just drop either myself or Maxine a line if you’d like our help or if you have any questions.