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    Dear Sir/Madam,

    I am a bit confused about the corporate trustee’s position while working and representing its trust.

    It is clear that it is the trust income tax returns have to be lodged by corporate trustee, but when if trust trading at annual turnover exceeding $75,000, as a result, trust need to lodge BAS return, the question is the account and BAS returns should be prepared under the trust name or Corporate trustee(company) name ?
    Also should the Business bank account be under the trust name or corporate trustee name ?

    Thanks in advance


    • Total posts: 11,464

    Hi Fong,

    Welcome to the forum.

    You’ll find that people need a bit more context before they can offer you any advice, and also that they’re more inclined to help others when they feel they’ve gotten to know a bit about them.

    To help us give you a personal welcome, please start by posting in the introductions thread and also let us know a little about yourself by filling in your profile in ‘Control panel‘. Having a completed forum profile is particularly important to other community members and shows them you are here to participate openly and genuinely.

    Hope you find the answers you’re looking for soon.

    Kind regards,

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