Foundations of Tax 2023-24 - Session 24: Trust: Preparation of an ITR

On successful completion of this topic, participants should be able to:

• State and complete the basic status information on a trust tax return, including the presentation of accounting business income and explain why a trust lodges a tax return
• Include other amounts of income on the trust return
• Explain and calculate “income of the trust estate” and explain its importance in the taxation of trust income; including the completion of the beneficiary distribution statements

This session forms part of the Foundations of Tax series

The Benefits:

These concise sessions have been specifically designed for our online education platform, to ensure that you get an in-depth understanding of the fundamental tax topics in minimal time.