Trusts

4 Things Trustees Must Do By 30 June

By Wen Wen / April 14, 2014

Trustees, you MUST do these before 30th June 2014 Establish how the trust income is defined Identify beneficiaries Calculate trust income Distribute trust income For expert advice and assistance with complying with Trust requirements please contact Wen at the George St Sydney Office (02) 9871 3429.

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To avoid any unpaid trust distribution being treated as a deemed dividend, call accountant Wen Wen for accurate advice on (02) 9871 3429. Serving North Rocks, Parramatta, Sydney Hills - image

Trusts | End Of Financial Year Preparation

By Wen Wen / June 24, 2013

Unpaid Trust Distribution to Private Companies Distributions made by trusts to private companies which remain unpaid at the end of the following year may be deemed to be a loan to the trust and become subject to Division 7A. To avoid the unpaid distribution being treated as a deemed dividend, please see your accountant and […]

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