The Chasers Channel - Empowering Small Business Owners to Achieve the Dreams They Are Chasing!
The Chasers Channel - Empowering Small Business Owners to Achieve the Dreams They Are Chasing!
Chris Beks
TCC 105 - Trusts Are Back in the ATO Spotlight – What Trustees Need to Know Now
9 minutes Posted Jan 31, 2026 at 11:00 pm.
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Show notes

The Australian Taxation Office is increasing its focus on trust structures, with data analysis revealing compliance risks across deductions, family trust elections, succession planning, Division 7A, and franking credits.

In this episode of The Chasers Channel, we unpack what trustees and business owners need to know right now, including:

  • ATO trust compliance risks and red flags

  • Overclaiming deductions and loss trafficking explained

  • Family Trust Elections (FTEs) and Interposed Entity Elections (IEEs) pitfalls

  • Succession planning mistakes that trigger tax issues

  • Division 7A risks for trusts and beneficiaries

  • Franking credits, the 45-day holding rule, and trust eligibility

  • The ATO trust checklist and governance essentials

If you use trusts for asset protection, tax planning, or transferring wealth to the next generation, this episode will help you avoid costly errors and ensure your structure is working as intended.

Practical insights. Real-world examples. Clear guidance for Australian business owners and trustees.