Trust Formation & Management Services
Setting up a trust can be complex, but with the right guidance, it doesn’t have to be. At TaxFile Accounting, we specialise in trust formation, management, and compliance for individuals, families, and businesses across Australia.
Our goal is simple: ensure your trust is legally compliant, efficiently managed, and tailored to your financial goals.
Our Trust Services
Complete Trust Setup & Documentation
We handle everything to establish your trust correctly from day one:
Drafting trust deeds and legal documentation
Selecting the appropriate trust structure (discretionary, family, unit, or hybrid trusts)
Registration for TFN and ABN
Legal Compliance & Reporting
Stay compliant with ATO requirements and avoid penalties. We ensure:
Ongoing trust compliance and reporting
Annual review of trust deeds
Preparation and lodgement of trust tax returns
Trust Administration & Governance
We take the stress out of day-to-day management:
Trustee duties and governance support
Minute-taking for trustee meetings
Maintaining records and accounting systems
Annual Accounting & Tax Lodgements
We manage your trust’s finances and ensure accurate reporting:
Annual financial statements for the trust
Trust income distribution calculations
Preparation and lodgement of annual tax returns
Income Distribution Advice
Maximise tax efficiency and ensure proper allocation of trust income:
Discretionary income allocation to beneficiaries
Guidance on minimising tax liabilities within legal limits
Strategic planning for future distributions
