Family Trust Elections Webinar

How to maximise opportunities while reducing risks & avoiding triggering penalty tax rates

Recorded Tuesday, 17 March 2020

Individual Recording

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. This webinar will help your clients take advantage of the rules without triggering penalty tax rates under the family trust distribution tax rules. 

Individual Recording
Office Recording
Member Register

What we cover

We work through the key areas that will ensure you and your team can approach these rules with confidence:
  • 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 rates for family trusts and
  • When elections can be revoked or varied
Individual Recording
Office Recording
Member Register

Michael Carruthers

Tax Director, Knowledge Shop

Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy.

He oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Easton Investments’ national tax advisory committee. He is a member of the advisory panel for the Board of Taxation and was a member of the reference group for the Board of Taxation’s recent review of small business concessions. He was also an expert panel member for the Board’s review of tax impediments facing small business. Michael was the 2016 Thought Leader of the Year at the Australian Accounting Awards.

Michael Carruthers
Michael Carruthers
Tax Director, Knowledge Shop




$195 Member
$235 Non-member




$350 Member*
$390 Non-member*


*The office rate applies per office location (maximum 10 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.


How to access the recording

  1. Knowledge Shop members, access your discounted pricing by logging into the Knowledge Shop member website and registering. More on membership.
  2. For Individuals:
    • Register and we will email you your access details to Knowledge Shop's IQ platform (generally within 24 - 48 hours).
    • Your recording and any successive recordings you purchase will display on your personal profile.
  3. For Offices (access for up to 10 individuals from the same firm): 
    • Register and we will contact you to organise login details for your nominated staff members (generally within 24 - 48 hours).
    • You can also nominate a supervisor from your firm who will be able to see who has completed the webinar and where applicable, their quiz scores.
  4. Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant. 


Terms & Conditions 
All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed.  Refunds are only possible if the webinar recording has not been accessed.