Reduce your 2020 tax
How to make Trust Distribution Resolutions?
An important thing is to make resolution before 30th June, if you have a family or a discretionary
trust, so that,
- Tax department does not require you to pay the tax at 49% of trust profits.
- Your accountants know, who are the beneficiaries of the trust, how much they will receive the part
of the trust income individually to plan more accurately.
This video explains the trust distribution resolutions on a general bases, if you want specific information,
please contact our success accounting team today.
To understand the concept in a better way, watch the video now!
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About Lan Nguyen
Lan is the Founder and Chief Strategist at Success Accounting Group, Melbourne based CA firm. In a matter of short 8 years she has built up a reputable Chartered accounting firm with 3 offices and a team of 6 professional accountants and support team members. Her mission is to provide Innovative and Strategic Financial advice to help her customers make smarter financial decisions today for a brighter future.
Success Accounting Group is for established business owners who would like help to grow a sustained business. As a business owner you understand what drives your business success with our accounting team taking care of the rest.