TOPIC CHANGE: What the draft legislation (released Thurs, 3 September) on minimum tax on discretionary trusts means and how to advise your clients.
The government released draft legislation today.
For accountants, this is significant. It is the first time there has been enough detail to give clients real, grounded answers on how discretionary trusts will be taxed going forward.
The consultation period closes in 8.5 days, and mainstream media will get hold of this story before most clients have spoken to their accountant.
Dave and Tim are switching Monday's topic so you get trustworthy, expert guidance before mainstream media gets hold of it and clients start calling with the wrong information
Your registration still works. Same time, same link. No action needed.
Tax Planning Series: CGT and Negative Gearing moves to 21 September.
Presenters
David Boyar
General Manager, ChangeGPS
David joined ChangeGPS as GM of Growth and then CEO to drive the development of the industry after founding The Virtual CFO Association and co-hosting 'From the Trenches'—Australia's #2 iTunes business podcast. David's one of the youngest Fellow Chartered Accountants in Australia. He loves using accounting to help Aussie mums and dads so much that he did a TedX talk on it.
Timothy Munro
Founder & Executive Director, ChangeGPS
Tim founded ChangeGPS after founding the award-winning accounting firm Change Accountants & Advisors. Tim is a former Director and Queensland President of the Institute of Public Accountants. He lives and breathes his professional passion for accounting. At ChangeGPS Tim fuels the vision for a better accounting industry using technology and best practice. Outside work, Tim’s a parent, drummer, and cricket-player.