Family Trust Elections Webinar

How to maximise opportunities while reducing risks

Thursday, 22 April 2021

Register Me

The who, what, when & how of family trust elections
How to make the most of the concessions for family trusts
How to avoid triggering penalty tax rates

While the family trust election rules have been in place for a number of years now, many practitioners still find the rules confusing and are not always sure when elections should be used or the best way to use them.

Family trust elections can be a vital tool in protecting trust losses, company losses and franking credits but can also cause significant tax problems for clients if they are used incorrectly. The Family Trust Elections Webinar will help your clients take advantage of the rules without triggering penalty tax rates under the family trust distribution tax rules.

Register Me
Register Office

Thursday, 22 April 2021

12:00pm - 1:15pm AEST in ACT, NSW, QLD, TAS & VIC
11:30am SA & NT
10:00am WA

1.25 PD Hours
Reference notes included
Recording access for 3 months

What we cover

This practical webinar covers:

  • When family trust elections should be used
  • Who can (and should) be the test individual for the election
  • How to pass the family control test
  • The timing rules for putting an election in place
  • When retrospective elections can be made
  • How to determine whether interposed entity elections are required
  • The hidden dangers of using interposed entity elections
  • Latest ATO guidance on penalty tax for family trusts
  • When elections can be revoked or varied

Michael Carruthers
Tax Director, Knowledge Shop

Michael oversees the development of Knowledge Shop's tax team and is head of Easton Investments national tax committee.

Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy. He is a member of the advisory panel for the Board of Taxation and is a member of the reference group for the Board’s review of small business concessions. He was also an expert panel member for the Board’s review of tax impediments facing small business.

Michael Carruthers
Michael Carruthers
Tax Director, Knowledge Shop

Thursday, 22 April 2021

12:00pm - 1:15pm AEST in ACT, NSW, QLD, TAS & VIC
11:30am SA & NT | 10:00am WA

Need group rates? Call (or email) Lee Marshall on 0434 067 133.

Member

Includes reference notes + 3 month recording access

  • $195 Individual access
  • $430 Office access*
Member Register

Non-Members

Includes reference notes + 3 month recording access

  • $235 Individual access
  • $480 Office access*
Register Me
Register Office

Terms & conditionsAll registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.

*The office rate applies per office location (maximum temporarily increased to 20 participants per office location). The PD points for all attendees will be recognised - multiple links at same location if required. We will contact you for the names of your team once you have registered as an office.

Requirements

You will need a computer with audio!!

  • Audio Your computer needs speakers or a headset to hear the audio (do a quick check these work). If you are having problems, you can dial in on the phone number provided on the reminders and confirmation but please note your carrier will charge you at long distance rates.
  • Software Join the webinar 15 minutes prior to check that your computer systems allow you to download the GoToMeeting software. Or check your connection days before the webinar by going here
  • Webinar URL To join the webinar, you need to click this link. It was sent to you when you registered and will also be on the reminders - check your spam if you have not received and please contact us ASAP if you have lost.
  • Changing computers If you need to change computers during the webinar, make sure you log off the webinar on the first computer before logging onto the second computer.
  • PC requirements PC users (Windows® 7-10) ; Mac users (Mac OS® X 10.9 or newer); Google chrome OS, Mobile users; Android OS 5 (lollipop), Android 9 (piie), ios 10-ios 12 iPad 2 or newer, iphone 4s or newer, (iPhone®, iPad®, Android™ phone or Android tablet).
  • Browser Chrome (recent 2 versions, Firefox (recent two versions)
  • Internet 1mbps or better, mobile device 3G or better