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Unit Trust

Unit Trust$800
* Additional fees for hardcopy documents apply. Click here

  • Unless documents are ordered online at an extra fee applies per suite of documents. See here
  • An additional cost applies to have the deed assessed for duty, eg, $200 in Victoria), $500 in NSW and $25 in the Northern Territory. A duty summary is supplied with each suite of trust documents.
  • Where DBA Lawyers acts as agent for arranging payment of duty with the SRO in Victoria, the cost of duty is not subject to GST. However, an additional fee of $100 (incl GST) applies for DBA to act as agent and attend to duty assessment, etc.
  • If there are more than 6 unitholders, an extra fee of $100 applies for each extra unitholder (as our lawyers generally have to prepare and review at least an additional documents per unitholder).
  • Overview

    The DBA unit trust (UT) is prepared as a fixed trust. This means that a unitholder has a fixed entitlement to income and capital. Thus, less onerous tax provisions apply such as the trust loss and franking credit provisions. Also, taxable distributions received from a fixed trust should obtain concessional tax treatment on receipt by an SMSF (as compared to 45% for distributions received from non-fixed trusts), even if the SMSF is in pension mode.

    Also, the NSW Office of State Revenue has confirmed that the DBA unit trust is a fixed trust for NSW land tax purposes.

    Note that there are many suppliers whose unit trusts are non-fixed. These trusts may not satisfy the strict rules may not obtain certain tax concessions.

    What’s included

    • Covering letter and completion checklist
    • Trustee resolutions
    • Unit Trust Deed
    • Unit trust forms including application for units, unit certificates and register of unitholders
    • Links to relevant ATO form
    • Unit Trust Memo

    A duty summary for each State and Territory in Australia is also included as duty is payable in a number of jurisdictions.

    For more information and related articles

    For more information, click on the articles listed below:

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