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Latest News [index] Income splitting - is it for you?

14 December, 2009

The Government has released an issues paper proposing income splitting for couples with children under a tax credit mechanism. Contact a member of the Ayres Legal team if you would like a copy of the issues paper: "An income splitting tax credit for families with children."

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What were you thinking when you settled that trust? 28 February, 2010

Intention in the context of trusts is more usually seen in the context of the three certainties.... Read More »

Taxation of Trusts 22 January, 2010

"Taxation of Trusts", written by Ayres Legal partner Vicki Ammundsen is now available for purchase... Read More »

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Question: Why do people form trusts?
Answer: People use trusts for such things as asset protection against business creditors, protection against claims from personal relationships, keeping assets in the family, avoiding rest home subsidies, preventing children from wasting assets at a young age.

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