Live Webinar: Cleaning Up Outstanding UPEs: The Clock is Ticking Down


Date:   Friday 18th August 2017 – Online:
Vic, NSW, Qld, ACT, Tas: 11am to 12:30pm 
SA & NT:  10:30am to 12noon 
WA: 9am to 10:30am

Following the introduction of TR 2010/3, many trustees decided to put funds representing a UPE on a seven-year interest only loan from the sub-trust to the main trust. With the seven-year deadline fast approaching, now is the time to get your house in order. This webinar focuses on:

  • PCG 2017/13 and the options available to trustees
  • Finding and offsetting credit loans involving related third parties
  • Cleaning up outstanding UPEs – how to do it
  • Unwinding use of corporate beneficiaries
  • Division 7A consequences in relation to the proposed release of a UPE
  • When will the release of a UPE represent a financial benefit to the trust?
  • Round robin UPEs: proceed with caution
  • Dealing with outstanding Div 7A loans generally:
    • credit loan offsets
    • declaring franked dividends
    • liquidating the company and distributing the loans to shareholders – tax issues
    • running off the loss when the owners retire
    • maximising the franking credit benefit
    • outstanding Div 7A loans on the death of a borrower
    • section 109R and reloaning
Our presenter

Mark Molesworth, Partner, BDO, Brisbane

Mark is a Tax Partner with BDO in Brisbane. His legal and accounting training provides the basis for a comprehensive understanding of taxation laws. As a result, his clients benefit from accurate tax advice and solutions to their current and future business issues.

Having worked with clients across multiple sectors and borders, Mark has acquired a thorough knowledge of tax law and current trends in the tax arena. He has strong analytical skills, combined with excellent communication skills, and holds a reputation for providing practical solutions to clients’ needs and requirements with the goal of optimising the impact of tax provisions. He has particular expertise in income tax law, including the debt and equity provisions, income tax consolidation regime, CGT rollover relief and trust loss provisions. He undertakes prudential tax reviews and provides tax effective structuring to corporate groups, including public sector and not-for-profit entities.

Mark joined BDO’s tax team in 1998 as a graduate and was made a partner in 2006.   Mark is heavily involved in the financial services, technology, media and government sectors.


This webinar is suitable for accountants advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.


Live webinar delegates will receive a CPD certificate for attendance at this webinar.  Accountants can claim up to 1.5 CPD/Training hours.  This webinar has been designed to run for 1.5 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1 hour.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email:

Attending a TEN webinar couldn’t be easier. Basically it’s just like attending a seminar except that you don’t have to leave the comfort of your office or home. You just need to be available at the appointed date and time with your computer and internet connection.

Once you’ve registered for the webinar, we send you a link so that you can login to the webinar from your computer. The speaker delivers the session from their computer in real time. Just like a live seminar, you can ask questions of the speaker. You simply type your question into the question box and the speaker responds to it during question time.
At the end of the webinar session we send you a certificate to confirm your attendance and the number of CPD hours you earned.

You will need a computer with sound, an internet connection and earphones if you need to participate in the webinar in an open office environment (so you don’t disrupt those around you).

Product Code: RBNAUG17
 Price:   $253.00 (Inclusive of GST)
© 2018 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.