Trust Resettlements 2026 - Navigating Tax Consequences (live webinar)
Price excludes GST. Broadcast Date: 27 May 2026 (10-11am)
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Product Description
Trusts can hold income-earning assets and investments, as well as a residential property in which beneficiaries live. If not planned for, a resettlement can trigger unwanted income tax and GST obligations such as triggering tax under the bright-line rule, depreciation recovery income, and leaving trustees with GST liabilities.
That is because resettling a trust will result in a disposal of those assets for income tax purposes and, where the Trust is GST-registered a supply for GST purposes.
The focus of this webinar will be on taxation issues associated with resettlements of trusts.
Issues examined will include:
• General income tax rules applying to resettlements.
• Implications under the bright-line test.
• Effects on shareholder continuity where the Trust is a shareholder.
• General GST rules applying to resettlements.
• Time of supply and value of supply rules
Upon satisfactory completion of this activity, you will be able to:
• Identify potential income tax and GST issues associated with trust resettlements.
• Understand when rollover relief from the bright-line test will apply.
• Plan for and mitigate income tax and GST obligations arising from a trust resettlement.
Total of CPD Hours: 1 hour (incl brief Q&A)
Suited to:
• accountants and lawyers who act for Trusts
• accountants and lawyers who are trustees of Trusts and want to ensure the Trust is meeting its tax obligations.
PRESENTER:
Nola Crafar, Senior Manager, Findex/Crowe
Nola is a Senior Manager for Findex in the Dunedin Tax Team. Nola has been with Findex for over 15 years, where she advises on a wide range of tax matters, including property transactions and property ownership structures, structuring opportunities for businesses including relationship property considerations, providing advice on the tax treatment of transactions for clients and other professional advisory firms and managing Inland Revenue Department queries, disputes and debt relief applications.