Trust Distribution Minute Generator — 30 June 2025-26 Deadline
Australian family trusts must pass a trustee resolution before 30 June 2026 declaring how income is distributed. Miss this deadline and the ATO taxes the entire trust income at 47%. Generate your resolution document in minutes.
Step 1 — Trust Details
Must be on or before 30 June 2026
Why Trustee Resolutions Must Be Signed Before 30 June
Trustees of discretionary trusts must decide which beneficiaries are entitled to trust income before the end of the financial year. If no valid resolution exists by 30 June, section 99A of the tax law assesses the trustee on that income at the top marginal rate of 47% — with no 50% CGT discount available.
A written, dated and signed minute is the evidence the ATO expects to see if it reviews the trust. Check your trust deed first: some deeds require distributions to be resolved earlier than 30 June, and a resolution made outside the deed rules can be invalid even if it is signed on time.
Keep the signed copy with the trust records for at least five years, give a copy to the trust accountant, and make sure any beneficiary who is presently entitled actually receives or is credited with the amount resolved.
Frequently Asked Questions
What is a trust distribution minute in Australia?+
A trust distribution minute (or trustee resolution) is a formal document where the trustee of a discretionary family trust resolves how the trust's net income will be distributed to beneficiaries. It must be made before 30 June each financial year.
When must trust distributions be made in Australia?+
The trustee resolution must be made on or before 30 June of the relevant financial year — for FY 2025-26, that's 30 June 2026. Some trust deeds specify an earlier date. Always check your specific deed.
What happens if I miss the 30 June trust distribution deadline?+
The ATO will tax the entire undistributed trust income at 47% (including Medicare Levy) under Section 99A of the ITAA 1936. This is a significant and avoidable tax cost.
Do I need an accountant to do a trustee resolution?+
No — many trustees complete resolutions without professional help. The key is having a correctly formatted document with the right legal references. For complex structures or large amounts, consult a registered tax agent.
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This tool provides estimates and document templates for informational purposes only. The generated document does not constitute legal or tax advice. For advice specific to your trust structure and situation, consult a registered tax agent or solicitor. Always verify the resolution date requirements against your specific trust deed.