News and media releases

Grouping of discretionary trusts

18 September 2019

This Commissioner's practice note will assist trustees of discretionary trusts determine whether the payroll tax grouping provisions apply to their circumstances.

It also explains the documentation that must be provided to the Chief Commissioner to allow the degrouping effect to be determined.

Failure by customers to advise the Chief Commissioner that they are members of a group by virtue of them being a beneficiary of a discretionary trust may result in a tax default by all members of the group, and could result in interest and penalty tax being incurred.

Read the practice note.