
Loan accounts to and from companies and trusts have tax consequences that need to be carefully considered. Anyone managing the tax affairs of companies and trusts must be sure that they fully understand the tax rules so that they can manage their companies and trusts or advise their clients appropriately.
This course will fully explain s 7C and other provisions related to loans involving companies and trusts. Participants will understand these rules, be able evaluate the impact of the rules and the planning opportunities that exist.
This course will also discuss loans made by trusts to others and some of the tax risks involved with loans to and from offshore trusts, using practical examples.
Course Content:
This course will be greatly beneficial to Tax advisors, trustees, taxpayers, accountants, business owners and managers, bookkeepers and anyone else who deals with companies and trusts and their donors, funders and beneficiaries.
All Included:
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Gary Garbutt,
Head of Operations
Biz Facility Pty Ltd
(Registration number: 2011/105349/07)
Mission Statement:
To provide value added skills and tools through superior training and engagement that enables our clients to become more financially skilled.
Our Vision:
To provide practical skills and tools to small and medium business owners and individuals, in order to effectively utilize accounting data to manage their business or area of operation, and to effectively manage their tax obligations, both personally and professionally.
Biz Facility, founded in 2010, was founded to provide practical training interventions to small and medium sized businesses, as well as individuals, to equip clients in managing their business’s and tax affairs more effectively.Biz Facility provides both training and financial services to its clients: