Leanne Connor, CTA, is a Director of WGC Business Advisors, a chartered accountancy firm specialising in taxation and strategic advice to SMEs and high net worth individuals. Leanne has over 30 years experience providing accounting, business advisory, strategic superannuation and taxation services. Leanne’s areas of expertise include tax and superannuation planning, business restructuring and understanding the fundamental issues relating to SMSFs, family trusts and private companies. Leanne is Director of The Tax Institute and winner of their 2020 SME Tax Adviser of the Year Award.
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Live Webinars
Live Webinar: Trustee Distribution Resolutions: Where Do We Stand Now?
The constant changes and evolving of our tax legislation over the years haven’t been lost on the trustee distribution resolution, with the tax consequences of getting it wrong being potentially extremely costly. This session explores the topic, including:
Why a review of the tr
PRESENTED BY
Leanne Connor
Director -
WCG Business Advisors Pty Ltd
, Melbourne
Date/Time
Tuesday 24th September 2024
Vic, NSW, Qld, ACT, Tas: 1.30pm to 2.30pm
SA & NT: 1.00pm to 2.00pm
WA: 11.30am to 12.30pm
About the Webinar
The constant changes and evolving of our tax legislation over the years haven’t been lost on the trustee distribution resolution, with the tax consequences of getting it wrong being potentially extremely costly. This session explores the topic, including:
- Why a review of the trust deed is so important
- How various tax laws affect the trustee distribution resolution, including:
- section 100A ITAA 1936
- the family trust election rules
- the pattern of distributions test
- the small business CGT concessions
- Preparing a distribution resolution where a trust:
- has prior year losses
- operates as a professional firm (PCG 2021/4)
- Preparing a distribution resolution involving streaming of:
- capital gains and the impact of the 50% CGT discount and small business CGT concessions
- franked dividends
- Can a trustee distribution resolution, based solely on the intention of saving tax, be at risk? (Minerva Financial Group Pty Ltd v FCT [2022] FCA 1092)
- What are the tax consequences if the ATO deem a trustee distribution resolution to be invalid?
- Checklist of tax considerations to take into account when preparing a trustee distribution resolution
- Practical examples of distribution resolutions covering various scenarios
Presented By
Leanne Connor
Director, WCG Business Advisors Pty Ltd Melbourne, VicWho Should Attend?
This webinar is suitable for accountants advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Certificate
Registered live webinar delegates will receive a CPD certificate for attendance at this webinar. Accountants can claim up to 1 CPD hour. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.
While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]