Trusts and trust distributions, FY2020
How many times in the last few weeks have you said, or have people said to you, that it's a strange time'?
As we race towards 30 June 2020, it has been a year unlike any other for us and our clients. But even now, some things are constant and unchanging. Such as the need to ensure that trustee resolution compliance is taken care of before year end. This presentation will cover:
- Covid-19 and trustee resolutions: is there any relief?
- Trading trusts and the JobKeeper subsidy: what you need to know and what the trustee needs to do.
- Trustee resolution: the good, the bad and the ugly.
- Issues for the next 12 months, including funding distributions, trust losses, trust insolvency and winding-up trusts.