Non-resident beneficiary of resident trust - tax estimate

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Contributing Cover User KAM054
6 Posts
Contributing Cover User
Contributing Cover User




Non-resident beneficiary of resident trust - tax estimate

I have a resident trust distributing to a non resident presribed person excepted income only.  Thereby the Trustee is assessable under S98(1).


The tax estimate is including a low income rebate offset (income is only$10K). However a low income offset only applies to residents.  It doesn't seem to correlate that the offset would be available to the Trustee to cover tax for a non resident.


Is there a trigger to turn this offset off?

MYOB Staff Post Helen-Z
116 Posts
MYOB Staff Post
MYOB Staff Post




Re: Non-resident beneficiary of resident trust - tax estimate

Hi @KAM054 


Thanks for your question regarding the estimate generated by a Trust return.


With the number of variations when an estimate is being calculated, due to the calculation codes available to beneficiaries, an accurate estimate is limited to certain scenarios:


1. All income is classed as no beneficiary entitled.
2. Full distribution to one beneficiary under a legal disability.
3. Part of the distribution is classes as no beneficiary entitled, and there is more than one beneficiary under a legal disability.


If the estimate is correct other than the low income offset, you can modify the estimate by clicking on the Word icon, and adjusting within Word.


Tax Support Specialist
MYOB Australia Pty Ltd
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