Family trust elections

1 May 2025 12:00PM – 1:15PM AEST

$213.64 +GST

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. Once a mistake has been made in this area it is very difficult to fix the problem so understanding the rules and the key risk areas is crucial.

The Family Trust Elections Webinar will help your clients take advantage of the rules without triggering penalty tax rates under the family trust distribution tax rules.

What we cover:

While the family trust election rules have been in place for many years, practitioners still find the rules confusing and are not always sure when elections should be used or the best way to use them. The Family Trust Elections Webinar helps to clarify when and how to use them correctly. 

  • When family trust elections should be used
  • Who can (and should) be the test individual for the election
  • How to work through 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
  • ATO guidance on penalty tax for family trusts
  • When elections can be revoked or varied

 

Registration to this event includes:

  • 1.25 hour (est.) webinar
  • 3 month access to Q&A embedded webinar recording
  • Reference notes
Michael Carruthers round

Presented by

Michael Carruthers
Tax Director
Knowledge Shop

This webinar is presented by our partners at Knowledge Shop.

Terms and Conditions
Each education service purchase is for your use only and accessible through your individual account. Each live online education service will be provided with a unique session ID to join which cannot be disclosed, forwarded, or distributed to any other individual without Accurium’s written consent. No other individual will be authorised to access your education service unless that individual has purchased the education service and a unique session ID has been provided to that individual. In the event of unauthorised access due to the actions of the intended recipient, Accurium may suspend or cancel the access for the intended recipient any additional individual(s) may be held liable for additional fees associated with the unauthorised access to an education service. Accurium reserves the right to charge any unauthorised individual(s) who access your education service. In the unlikely situation that a live education service is cancelled we will refund you the full cost of your purchase. If a live service is postponed, we will provide written notification to you and reschedule the education service. Your original ticket will be valid for the rescheduled date. We will also provide the recording and associated materials if you are unable to attend the education service live at the new date/time. If you are unable to attend the education service live at the new date/time, you may request a refund of the moneys paid by contacting Accurium directly, with all requests to be considered on a case by case basis by Accurium in its absolute discretion. The General Terms and Conditions can be accessed here.