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Implement processes in your firm to help clients plan for S100a with a free how to guide and client email template.
De-risk your firm with a S100a Action Plan
24 March 2022
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2 minute read
Article:
In one of the most significant updates to family trust legislation in decades, the ATO has released a raft of long-anticipated guidance material that directly targets how trusts distribute income.
The draft guidance which focuses on distributions where income from a family trust is distributed to adult children, and the children then use the funds toward family expenses or gifts back to their parents, have understandably caused a wave of concern among accountants, that now need to address these dramatic changes with clients.
Get your Action Plan
ChangeGPS has put together a comprehensive How-To Guide, tackling the key next steps to assist firms in addressing these dramatic changes.
Inside you’ll get:
- A detailed client email explaining S100a and what it means for them
- A letter template to contact your Local MP – Action this one quickly as submissions to the ATO close on 8 April 2022
- A 5 Step Action Plan for your firm
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