- Trust distribution resolutions
From streaming franked income and capital
gains to managing family trust elections and
more, carefully prepare prior to 30 June 2026
2. Check division 7A loans
Action before 30 June. Review minimum yearly repayments, ensure any necessary
set-off arrangements have been documented in writing.
3. Maximising deductions: Businesses
Employee bonuses and bad debt write-offs should be approved and ascertainable at year end; superannuation contributions
must be paid and received.
4. Maximising deductions: Individuals
Review concessional superannuation contributions and make voluntary
contributions if under the cap or eligible for catch-up contributions.
5. Bring forward planned expenditure
If eligible, take advantage of instant asset write-off. Pre-pay and deduct expenses
(insurance, rent, subscriptions – up to 12 months).
Get more insights, build your momentum, with JAG’s tax consulting experts.