22 June 2020 - Trust Distribution Minutes and Tax Free Accounting Income - including the Cash Bonus

Michael Jeffriess and Grant Abbott from LightYear Docs go through year end Trust distribution resolutions and the government’s tax-free cash flow bonus including how that money is to be passed through a family trust. Non-assessable and non-exempt income means it can be distributed, if the trust deed allows, tax-free. Does your deed or distribution minutes cope?

Fact Boosting Sheet Cashflow for Employers

ATO DT resettlement

Trust and Distribution Cash FlowTax-Free