Tax & Trusts Web Series

How to achieve the best tax outcome from a client's trust structure

February 2021

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Ensure clients don't pay more tax than they need to
Managing distributions to companies and trusts
Applying the streaming rules in practice

With so many areas of complexity and confusion, dealing with trusts is rarely a straightforward exercise.

This essential two-part webinar series covers some of the key trust issues, especially those areas of uncertainty where practitioners are still getting it wrong.

 

We also look at planning opportunities for trust clients and the steps to take to ensure that these strategies are implemented in a tax efficient way.

 

Plus, recent changes that impact on trusts, including round-robin arrangements and changes to the rules for testamentary trusts.

 

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Office Series

2-part series
February 2021

12:00pm - 1:15pm AEDT in ACT, NSW, TAS & VIC
11:00am QLD
11:30am SA
10:30am NT
09:00am WA

Reference notes included
2.5 PD hours
3-month recording access

FPA points pending

What we cover

The two part Tax & Trusts Webinar Series breaks down all the important issues your team need to know - especially those uncertain areas where practitioners still get it wrong.

Distributions to companies, trusts and minors

The key issues that need to be considered to ensure that distributions made to companies and other trusts are tax effective, especially when the beneficiary has losses.

Plus, the issues to consider when distributing to minors, including recent changes for testamentary trusts.

  • Distributing income to entities that have tax losses or capital losses 
  • Using family trust elections and interposed entity elections to ensure the best tax outcome 
  • Navigating the income injection test 
  • New rules dealing with round robin trust distributions and when they apply 
  • Distributions to minor beneficiaries and the opportunities that might be available for some clients 
  • Changes to the concessional rules for testamentary trust distributions and the practical impacts 

 

Streaming, TFN reporting and CGT

How to apply the streaming rules in practice to maximise tax planning opportunities.

We also look at the issues that need to be managed to ensure that trust clients comply with the TFN reporting and CGT rules.

  • Step by step guide to the streaming rules 
  • When streaming can be used and when it should be considered – identifying the opportunities 
  • The ATO’s focus on TFN reporting obligations for trusts - what needs to be done to stay out of trouble 
  • Managing CGT issues for trust clients and beneficiaries 
  • Specific CGT events that apply to trusts 

 

Our Presenter

Michael Carruthers
Tax Director, Knowledge Shop

Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Hayes Knight group’s national tax committee.

 

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

 

Michael 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

February 2021

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

 

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

 

Member

2-part webinar series
Reference notes + 3 month recording access
  • $330 Individual access
  • $595 Office access*
Member Register

Non-Members

2-part webinar series
Reference notes + 3 month recording access
  • $400 Individual access
  • $665 Office access*
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Office Series

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.