Unpaid Trust Distributions Webinar

Section 100A and more - the key tax issues and how to manage them

Latest ATO guidance on section 100A and UPEs
Preventing Division 7A deemed dividends
Checklist for releasing unpaid distributions

A Live Instructor Led Webinar

It is common in practice for trustees to appoint income to beneficiaries but leave some or all of these entitlements unpaid. While this delay in paying distributions is not necessarily a problem, there are a number of tax issues that need to be considered to ensure that adverse tax implications are not triggered.

The Unpaid Trust Distributions webinar guides practitioners through the key issues that need to be considered, the options that can be available when dealing with unpaid trust distributions and how to best manage them.

Knowledge Shop members, login for the discounted rate.

Total 1.25 CPD Hours

Details

Recorded: 22 June 2023

FAAA accredited for 1.25 CPD hours (30954)

  • 1.25 Tax (financial) advice

Terms & conditions: All 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.

*Office Registrations. Maximum 15 participants per firm (must have same email domain). The PD points for all attendees will be recognised and links will be provided to all attendees.

What we cover

Unpaid trust distributions can cause tax problems regardless of the reason the amount is left unpaid. The Unpaid Trust Distributions webinar explores the crucial issues that need to be considered and the practical steps that can be taken to minimise risk.

What's included?

  • 1 x 1.25 hour (est.) webinar
  • 3 month access to Q&A embedded webinar recording
  • Reference notes
  • When section 100A can be triggered and how to determine the risk level
  • Steps that can be taken to achieve a low risk position under section 100A
  • Options for preventing a deemed unfranked dividend from being triggered
  • Using Division 7A loan agreements to manage unpaid distributions
  • The ATO’s new approach to sub-trust arrangements
  • Options for dealing with expiring sub-trust arrangements
  • Practical problems with leaving distributions unpaid
  • Things to check before unpaid distributions are released or transferred to someone else

Our presenter

Tax Director, Knowledge Shop

Michael Carruthers

Michael CarruthersMichael is an adviser, author, in demand presenter, mentor to Knowledge Shop’s technical team, and is well known for his capacity to translate highly technical information into tangible and useable advice for the profession. He has a knack for seeing through the complexity and helping advisers work through highly technical issues with certainty and accuracy.

Michael works with advisers every day to help them negotiate and implement the constant tide of change impacting the industry. 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.