Trust Tax Fundamentals Program - 2026

Learn the fundamentals of trusts through this 4-part program, covering trust beneficiaries, CGT, trust losses, streaming and integrity rules.

Featuring a practical case study with examples throughout, this program provides accountants with a sound understanding to confidently manage tax compliance and advisory work in practice.

In this program, we cover:

• Introduction to Trusts

  • Introduction to the case study

  • How did trusts come to be?

  • Legal nature of trusts

  • Types of trusts

  • Brief introduction to the taxation framework for trust income

• Trust Income & Beneficiary Entitlements

  • Who gets taxed?

  • Present entitlements

  • Trustee distribution minutes

  • “Net income” of a trust

  • Taxing the beneficiary

  • “Net income” vs “Trust law income”

  • Beneficiary disclaimers of entitlements (Carter case)

  • Trustee assessments & PS LA 2015/2

• CGT, Streaming & Trust Losses

  • CGT and trusts - an overview

  • Some CGT events relevant to trusts

  • How to treat capital gains in a trust

  • Trust losses

• Trust Integrity Measures

  • Family trusts

  • Family Trust Elections (FTE)

  • Section 100A

  • Division 7A

  • Trust resettlements

  • Vesting a trust