Note that this session was recorded on October 17, 2024.  The session and the material remain relevant if you are looking for an update on Trust, including bare trusts, and UHT reporting.

A little confused on where we landed with Trust and other legislative reporting? Shane will provide an update on where we are now. We are not expecting any further changes to the reporting requirements for the coming busy season, fingers crossed given last year’s experiences.

In this session, we will cover:

• Amended legislation for UHT identifying those less common situations where you may still need to file
• The Department of Finance’s proposed legislation for trust reporting
• Filing requirements for the upcoming tax season