Division 7A Risks & Remedies Webinar

Identify and manage the problem areas to avoid ATO scrutiny

Recorded Thursday, 22 October 2020

Recording Individual

FPA accreditation: 22939
Total CPD hours: 1.5
1.5 Regulatory compliance & consumer protection

Managing loans and the most common problem areas
Identify hidden traps within Div 7A
Practical tips to prevent deemed dividends

Practitioners and clients continue to have problems when it comes to dealing with Division 7A in the real world. The rules are complex, the concepts are difficult for clients to understand and the tax implications can be horrendous.

The Division 7A Risks & Remedies Webinar explores the major risk areas within the Division 7A rules and where clients and practitioners continue to make mistakes. We also look at opportunities for managing Division 7A issues before they become a problem.

Member Recording 
Recording Individual
Recording Office

What we cover

This practical session covers:

  • Identifying when loan arrangements are caught by Division 7A
  • Dealing with loans to trusts
  • The most common problems areas when dealing with loan arrangements and how these can be managed in practice

  • When loan repayments might be ignored
  • The traps when calculating distributable surplus
  • When indirect benefits can trigger Division 7A
  • Latest update on the proposed changes to Division 7A
  • The COVID-19 administrative relief measures
Member Recording 
Recording Individual
Recording Office

Our Presenter

Michael Carruthers

Tax Director, Knowledge Shop

Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Easton group’s national tax committee.

Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy. Michael is a member of the advisory panel for the Board of Taxation and was a member of the reference group for the Board’s review of small business concessions.

He was also an expert panel member for the Board’s review of tax impediments facing small business.

Michael Carruthers
Michael Carruthers
Tax Director, Knowledge Shop

Register

Individuals

$195 Member
$235 Non-member

 

Office*

$430 Member
$480 Non-member

*The office rate applies per office location (maximum 10 participants per office location). The PD points for all attendees will be recognised.

How to access the recording

  1. Knowledge Shop members, access your discounted pricing by logging into the Knowledge Shop member website and registering. More on membership.
  2. For Individuals:
    • Register and we will email you your access details to Knowledge Shop's IQ platform (generally within 24 - 48 hours).
    • Your recording and any successive recordings you purchase will display on your personal profile.
  3. For Offices (access for up to 10 individuals from the same firm): 
    • Register and we will contact you to organise login details for your nominated staff members (generally within 24 - 48 hours).
    • You can also nominate a supervisor from your firm who will be able to see who has completed the webinar and where applicable, their quiz scores.
  4. Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant. 

Terms & Conditions 
All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed.