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Ernst & Young’s Personal Tax Services practice offers tax-related domestic and cross-border financial wealth management assistance to business connected individuals. In addition, in today’s global environment, cross-border services help meet the ever-growing needs of internationally positioned clients. With dedicated resources in major markets around the world, our practice has been consistently recognised by the market as a leader, particularly for individual clients needing a wide range of tax services including tax compliance, tax planning, and tax advice relating to their business interests, investments and other financial related assets. Our approach provides professionally prepared returns, related calculations and advice, as well as integrated tax planning.
Our talented people and in-depth knowledge help you to effectively manage your requirements on a global basis whether you require our advisory or compliance services. We have experience working with individuals and companies of all sizes across many aspects of the tax life cycle — planning, provision, compliance and controversy. It’s how Ernst & Young makes a difference.
The Government recently released a consultation paper on the next phase of reform on the taxation of trusts in Australia. Our Private Client Services Update (pdf, 402.1kb) provides a brief explanation of what this means for trustees of family discretionary trusts and other closely held trusts.
This Private Client Services Insight focuses on the new reporting and tax obligations for trusts (pdf, 111.1kb), following the recent expansion of the tax file number withholding rules. This Insight outlines the impact for trusts and what actions are required to ensure you meet the compliance obligations.
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