Event details

End of financial year is nearly upon us – what do I need to know for 2020?

Every end of financial year has its own challenges, and this year we have even more than usual!

Among all the additional demands presented by COVID-19, in 2020 it is more important than ever to get the fundamentals of our end of financial year planning in shape. It was already shaping up to be an interesting end of financial year anyway!

In this series of four webinars, well regarded partner Linda Tapiolas will use case studies, based on our files where we have seen things going awry, to explore the key non-COVID-19 things to get right in 2020.

You have the option to register for each webinar individually or register for all four webinars at a discounted rate of $440.00 incl. GST. Register now

27 May – Family Trust Elections– Register now

There are major implications when an entity who has made a Family Trust Election (FTE) and Interposed Entity Election (IEE) makes distributions outside of the family group.

In this webinar Linda will cover:

• When is an FTE or IEE required?
• What are 'distributions'?
• Who is part of the 'family group?
• Who is liable to pay family trust distribution tax?
• When are distributions made outside of the family group?
• What should my trust deed say to help with these issues?

2 June – Income distributions – Register now

There are a number of issues to consider in drafting year-end trustee resolutions.

• Is the trust resolution drafted in accordance with the deed?
• Should the trustee re-characterise trust income?
• Does the resolution effectively stream dividends and capital gains?
• Considering significant individual and CGT concession stakeholder issues:
  • when are they important?
  • what distributions are required to ensure that there is a significant individual or CGT concession stakeholder?

10 June – Division 7A – Register now

Division 7A permeates many end-of-financial-year discussions.

• What Division 7A rules apply for 2020?
• What changes may come in that affect our planning?
• How should we act in 2020 to prepare for those changes?

17 June – Base rate entity rules and the timing of distributions – Register now

The base rate entity rules are a major influence in much end of financial year planning.

• Where are we at with the base rate entity rules?
• What is a base rate entity for 2020 and 2021?
• What are the different tax rates for 2020 and 2021?
• Why should a distribution be made in 2020, and when should it wait for 2021?

The webinars will be recorded, so, if you are unable to attend at the advertised time, we will send you the recording for future viewing.