In an environment where professional indemnity insurance is becoming increasingly unaffordable and clients less understanding, it is even more important not to make mistakes. Hence, is it critical to fully understand the structural implications and outcomes of the choices available and understand to what extent they are accepted by the ATO.
The first day focussed on the different structures and provided a head to head comparison to highlight significant difference, strengths and weaknesses.
The second day focussed on the implications arising from the change of owners and from the change of structure, ie. shifting a business or assets from one structure to another.