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Trust Tax Return

Get assistance in lodging your Trust Tax Return quick and easy online.

Our team is ready to help you prepare, lodge and get up to date with all your tax obligations.

We’re the team of award-winning
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Why you should get POP Business
to lodge your trust tax returns

A Trust is a legal entity that is required to lodge an annual Trust Tax Return which reports the financial summary of the Trust’s activities to the Australian Taxation Office.

Generally, a Trust will distribute the profit to its beneficiaries, with the income reportable in the beneficiary Returns.

A Trust is great for tax minimisation as you can distribute income in accordance with the Trust Deed to beneficiaries in a tax-effective manner.

POP are experts in tax minimisation and trust tax returns, so get in touch to get it done right.

A quick list of why POP Business is best for trust tax returns

We offer low rates
and high returns

POP Business’s trust tax return packages start from the low price of $500 + gst (per return).

We’re literally the best
at what we do

Our award-winning accountants are experts in tax minimisation and trust tax returns.

We’re friendly, professional and jargon-free

You can count on us to explain even the most complex tax-related information in a simple, easy-to-understand way.

It’s super-simple
to do it online

Cue a sigh of relief and get back to focusing on the important stuff (i.e. your business).

What our customers
are saying

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What our customers
are saying

Why POP Business works
for so many small businesses

POP Business is so successful at delivering awesome results for small businesses because of a combination of four things:

1. Qualified Chartered Accountants

2. Cloud-based software and technology

3. Savvy and streamlined processes

4. Exceptional customer service

STEP 1
You have a business tax or accounting need
STEP 1
STEP 2
Contact our friendly team and we’ll provide a quote here
STEP 2
STEP 3
Whatever the problem, POP Business will help you get on top of it
STEP 3
STEP 4
Cue a sigh of relief and get back to focusing on the important stuff (i.e. your business)
STEP 4
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By saving time and money, and preserving your peace of mind, you’ll be free to focus on the really important stuff. Namely, running your business successfully.

Let POP Business help your business now...

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Speak to an expert
POP Business Accountant now

Just because we’re lodging your trust Tax Return online,
doesn’t mean you won’t speak to a real qualified accountant.

POP Business is based in Sydney, so all you have to do is book your over-the-phone
tax consultation with one of our expert accountants today.

You’ll also learn how our range of accounting services can help you achieve your business goals.

Trust Tax Return:
Frequently asked questions

A Trust tax return is prepared based upon the financial statements. If you need the accounts reconciled the team at POP can attend to this.

Once the financial transactions are reconciled and the financial statements have been prepared (which will include the accounting distributions and beneficiary accounts), the Trust tax return can be prepared by a POP Trust expert.

It is important to ensure the information reported is accurate as the distribution income will be pre-filled by the ATO into the beneficiary’s tax returns. If their tax returns are already submitted the ATO may automatically amend to include the distributable income

A Trust does not have to pay income tax on income that is distributed to the beneficiaries, however, it is required to pay tax on any undistributed income. 

If the income is not distributed from a trust it is taxed at the highest individual marginal tax rate.

It is beneficial in almost all circumstances to distribute the income to the beneficiaries per the Trustees annual resolution.

If the Trust is a Unit Trust, then the taxable income is distributed proportionately based on the unit holding.

If you lodge the trust tax return yourself it is due by 31 October. 

If you lodge through a registered tax agent like POP Business, generally the lodgement date will be March-May the following year. The exact date differs between Trusts so you’ll need to get in touch.

No, trusts are not subject to double taxation. Any taxable income that is distributed to the beneficiaries of the Trust is taxed in the beneficiaries tax returns.

POP’s Trust tax returns start from the low price of $500 + gst.

The size and complexity of the Trust can add additional time and technical expertise.

If bookkeeping is required, the time will be billed separately to the Trust tax return and financial statements.

You can get started by simply filling out the enquiry form on this page.

You can also email team@popaus.com.au

The turnaround time will be within 10 business days providing the information is requested to prepare is supplied in a timely manner.

Lodging online has never been easier thanks to cloud-accounting software and smart-tech.

You can provide user access to your online accounting software so we can get the required business transactions for the tax lodgement.

We will communicate via phone and email, noting if any technical issues need to be resolved we can arrange a video call.

We are located in Chippendale which is on a fringe of the Sydney CBD.

Our passion is helping people
build their dream business

Need help? Call and speak to one of our expert accountants for free at 1300 180 630

Let the small business experts get your tax and accounting on the fast track to success. The team are ready to clarify and advise on your next steps to get peace of mind on your business.