{"id":971,"date":"2010-08-30T05:47:24","date_gmt":"2010-08-30T05:47:24","guid":{"rendered":"http:\/\/www.dbalawyers.com.au\/dev\/wordpress\/?page_id=971"},"modified":"2024-03-18T11:12:22","modified_gmt":"2024-03-18T00:12:22","slug":"unit-trust","status":"publish","type":"page","link":"https:\/\/www.dbalawyers.com.au\/unit-trust\/","title":{"rendered":"Unit Trust"},"content":{"rendered":"
\"download<\/a> \"order<\/a><\/div>\n\n\n\n\n\t\n\n\t\n\t
Description<\/th>Softcopy*<\/strong><\/span><\/th>\n<\/tr>\n<\/thead>\n
Unit Trust<\/td>$800<\/td>\n<\/tr>\n
*<\/strong><\/span> Additional fees for hardcopy documents apply. Click here<\/a> <\/span>
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  • Unless documents are ordered online at https:\/\/online.dbalawyers.com.au\/login<\/a> an extra fee applies per suite of documents. See here<\/a><\/li>
  • An additional cost applies to have the deed assessed for duty, eg, $200 in Victoria), $750 in NSW and $25 in the Northern Territory. A duty summary is supplied with each suite of trust documents.<\/li>
  • 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.<\/li>
  • 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).<\/li><\/ul><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

    Overview<\/h3>\n

    The DBA unit trust (UT<\/strong>) 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.<\/p>\n

    Also, the NSW Office of State Revenue has confirmed that the DBA unit trust is a fixed trust for NSW land tax purposes.<\/p>\n

    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.<\/strong><\/p>\n

    What\u2019s included<\/h3>\n