- As tax advisors, sometimes we can be forgiven for thinking just about issues within the Income Tax Assessment Acts. However, as SME advisors, we can consider issues that impact our clients that some may view as "fringe issues"? in comparison. The changes in the tax framework, in the prosperity of the economy, which in turn impacts on the prosperity of our clients, means we need to have more than just a degree of familiarity with these 'fringe' issues and how they rank against issues that we are more familiar with.
- Your clients will, in the next year, talk to you about changing their structure, how a marital breakdown or insolvency issue will impact their group and, although they don't know it yet, what the proposed Part IVA amendments will do to their decision making process.
- This full day event gave attendees some insight into developing this knowledge and provide the ability to field these queries from your clients and to point them in the right direction.
- Topics covered include:
- updates on structures for SMEs
- SME business restructures - the move from trust to corporate
- how tax advisors should interact with family lawyers and insolvency practitioners
- superannuation as an SME tool
- how the proposed Part IVA amendments will impact your world.