Events

Wednesday 25 September –

For many years Trusts have been used by farmers as a trading structure, and they come with their own benefits and fishhooks. If you are looking to better understand how taxes in Trusts work, we’ve got the perfect webinar for you!

Join John Dazley and Sally Coombe from CMK Charted Accountants as they break down Trust taxation concepts, making them easy to understand and apply to your unique situation.  

This webinar is tailored specifically for dairy farmers, and the unique challenges and opportunities you face.  If you have a Trust, or are considering one, don’t miss this invaluable opportunity to gain knowledge of how they work in dairy farming and the tax obligations you may face.  Learn more about the world of Trusts so that we can arm you with the knowledge to ensure you understand them and what having one means for your farming business. 

In this webinar, John and Sally will discuss:

• Settlors, Trustees and Beneficiaries – Understanding the roles and responsibilities these have with a Trust 
• Income Distribution – Learn how income is distributed from a Trust to its beneficiaries.  
• Tax Claims – Discover what can be claimed, including houses, vehicles, and wages for minor beneficiaries 
• What it means to be an employee of your own Trust and how this can impact you 
• Beneficiary Accounts – What these are, and what the implications are of owing beneficiaries money given recent tax rate changes 
• Documentation – Understanding why proper documentation is crucial for compliance and maximising benefits. 

This webinar is bought to you by Dairy Women’s Network and CMK Chartered Accountants