Unit Trust

Unit Trusts: A unit trust, also known as a fixed trust or a collective investment scheme, is a form of trust where the beneficiaries hold units in the trust rather than direct ownership of the underlying assets. These units represent a proportionate interest in the trust's assets and income. Unit trusts are commonly used for collective investment purposes, such as pooled investment funds, where investors contribute capital to the trust and receive units in return. The trustee manages the trust's assets on behalf of the unit holders and distributes income or capital gains generated by the trust according to the proportionate interests of the unit holders. Unit trusts are often regulated by financial authorities to ensure transparency and investor protection.

Fixed Unit Trusts: A fixed unit trust is a specific type of unit trust where the number of units issued by the trust is fixed and predetermined. Unlike other types of unit trusts where units can be created or redeemed, the number of units in a fixed unit trust remains constant throughout its existence. This means that new investors cannot join the trust by purchasing additional units, nor can existing investors increase their holdings. Fixed unit trusts are often used for specific investment purposes, such as real estate investments or private equity funds, where the structure of the trust is designed to remain stable over time. The distribution of income or profits in a fixed unit trust is typically based on the proportionate ownership of units held by investors, as specified in the trust deed.

Bookkeeping-Services-Hero
shpe services

The Best Way to Set Up A Discretionary Trust

Skilled SMSF Accountants

Understanding Your Discretionary TRust

Discretionary Benefits

A wide range of investment options, from shares to real estate.

Cost savings and transparency around your investments.

Strategies to reduce your tax payments.

Untitled-1

SMSF Accounting And More

Flexible Accounting Services to Suit Your Needs

DigiTax offers a full suite of individual and business accounting services. Our talented team of Australian accountants specialise in the following fields:

 Partnership tax returns

 Tax returns for share and

property investors

 ATO Audit Assistance

 Business activity statements

 Bookkeeping services

 Financial Statements

 ABN registration and

company structure set up

 Company tax returns

 Self-managed super fund tax returns

 Sole trader and contractor tax returns

Untitled-2

SMSF Tax Returns Made Easy

Enjoy Tailored SMSF Tax Return Support

Start the Conversation

We're here to help with all your accounting needs

Ready for your easiest tax season yet?

Contact DigiTax today.