Bill Shorten has announced the Government will introduce legislation to remove income tax barriers to help families make financial contributions to Special Disability Trusts.
To make SDTs more beneficial for families, the Government will:
These changes will apply from the 2006‐07 income year, to align with when SDTs were first able to be established.
Parliamentary Secretary for Disability and Carers, Senator Jan McLucas, said “By removing these
barriers, SDTs will become more attractive for families looking to provide for the long‐term care of a
family member with severe disability.”
Read the media release and background information here.