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Not sure how Law Central may feel about their trust distribution templates being recycled in such a manner. It is intellectual property and copyright infringement is not something for this forum to promote. I'm sure Michael and his team at Hosuse of Wealthwould recommend all distribution minutes...

1. Individuals + company, another trust etc 2. Cash v's accruals....Many trusts choose to adopt the calendar basis when the reality is June rent will be received July. Thats fine if it is applied consistenly each year. The ATO sees no mischief in adopting either the cash or the accrual basis...

And a distribution to ABC PL when ABC PL is the trustee company isnt clever. Superman...Distribution of income from a trust occur when the beneficiary becomes "presently entitled and this occurs when the trust resolves to distribute (provided its valid) rather than when its paid. The key...

The resolution can be made after 30 June but before mid August if relates to a capital gain. If it contains income its must be made before 30 June. Despite this ATO view that limits a later resolution for a capital gain I argue its a risk best avoided. The manner of the trust distribution...