Unit Trusts & The Small Business CGT Concessions - September 2024 (1 Hour of CPD)

In this webinar, Peter will take you through the nuances of dealing with a capital gain in a Unit Trust that is subject to the Small Business CGT Concessions. 

This is not a webinar that takes you through eligibility for the concessions but exactly how to account for them from both an accounting and tax point of view as well as how to distribute the gains.

This Webinar Covered:

• The tax treatment at the Unit Trust level.
• The different treatments depending on the definition of income in the unit trust
• Distributing the tax-free part of the capital gain and the Small
• Business 50, paying particular attention to CGT event E4.
• How do we process the payments in the accounts of the unit trust and family trusts?
• What do the family trusts and the beneficiaries put in their respective income tax
• Differences between realising capital gains in a company owned by family trusts versus a partnership of family trusts.
• And much more...