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Tax & Business Services Intermediate II Online Workshop Session 3

Step up beyond the fundamentals of compliance work. Recorded 30 October 2024.

Move beyond the fundamentals of compliance work
Identify issues and risks before they become a problem
Brilliant refresher to keep you current

Tax & Business Services Intermediate II covers the issues most practitioners previously had to learn by experience or by making mistakes. Using a case study format, we help team members step up beyond the basics and manage the common but often tricky tax and business services compliance issues.

The case study structure of the program gives a ‘real life’ context to tax and business services and ensures that the logic of why particular things are completed in a particular way is not lost in theory.

Session 3 covers Trusts: The next step

This session is only sold as package. Please see the package here.

Total 2 CPD Hours

What we cover

Session 3: Trusts: the next step

Designed for accountants who are comfortable with the fundamentals of compliance work and are ready to step up to the next level - or as a practical refresher on the ‘need to knows.’

Tax & Business Services Intermediate II focuses on identifying issues and potential problems before the client jumps in and commits to something that might have a poor tax outcome.

What is a Family Trust Election (FTE) and when do you need one?
- Advantages and disadvantages of FTEs
- What to watch out for when an FTE is in place
Unpaid distributions - what are the risks?
- The latest on s100A
- The ordinary family or commercial dealing exception
- When section 100A can apply to distributions made to adult children
- Just how much is acceptable?
- How to reduce the risk

with Karen Vella

Karen Vella

Tax Training Team Leader, TaxBanter

Karen has over 25 years experience in the tax profession, first as a practitioner and more recently as an educator. She trained with the Big Four and initiated her own successful small practice before moving to Hayes Knight as a Partner.

Prior to joining TaxBanter, she spent many years as a trainer and technical writer for Webb Martin Training, and then most recently TaxBytes. She is also a regular presenter and consultant for Knowledge Shop.

Karen loves to talk tax. She has provided tax training to clients ranging from the Australian Taxation Office to accounting firms, both large and small. Her specialty is translating complex content into something meaningful, engaging and practical for her clients, no matter their level of experience.