The unexpected tax outcomes Structuring settlements in a tax efficient manner Making the most of concessions in the tax system
Divorce and broken relationships are a fact of life with one in three first marriages and one in two second marriages ending in divorce. Sooner or later you will need to help clients dealing with a broken marriage or relationship.
For many, the financial and tax impacts of divorce are not considered until well after the event. Providing some proactive advice to your clients in the early stages may help to avoid longer term problems and inefficient taxation outcomes. This webinar will give you a solid understanding of the issues and how to resolve them in the most efficient way.
What we cover
This session explores the tax issues that may impact on your clients when they are going through divorce or a relationship breakdown. While the tax rules provide some specific concessions that are designed to reduce the tax liabilities that could be triggered in these situations, the rules can be complex and need to be considered carefully.
This practical session covers:
CGT issues and when rollover relief is available
Applying the main residence exemption following relationship breakdown
Dealing with CGT issues when assets are transferred out of companies and trusts
Dividends, deemed dividends and franking credits
GST implications on the transfer of assets
Ongoing issues with family trusts
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 Hayes Knight 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 is 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
Tax Director, Knowledge Shop
Register
Individual
$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.
Registerand 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.
For Offices(access for up to 10 individuals from thesamefirm):
Registerand 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.
Your recording will be available for3 months from the date of purchaseand 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. Refunds are only possible if the webinar recording has not been accessed.
