When tax has to be paid on pre-CGT assets When assets stop being treated as pre-CGT assets Opportunities to extract profits on sale of pre-CGT assets in a tax efficient manner
Clients who dispose of pre-CGT assets often assume that they don’t have to pay any tax. However, this is not always the case and there are complex provisions that can be triggered when dealing with pre-CGT assets.
The Dealing with Pre-CGT Assets Webinar looks at the key risk areas when dealing with pre-CGT assets, the situations where clients can potentially be exposed to tax and how to calculate the tax liability.
We also look at opportunities that might be available for clients to extract profits from the sale of pre-CGT assets from a company or trust in a tax efficient manner.
12:00pm - 1:15pmAEDT in ACT, NSW, TAS & VIC 11:30am SA 11:00am QLD 10:30am NT 09:00am WA
1.25 PD Hours Reference notes included Recording access for 3 months
What we cover
This practical webinar covers:
When pre-CGT assets held by a company or trust cease to be treated as pre-CGT assets and how to calculate the capital gain or loss
When improvements to property are treated as post-CGT assets and can trigger tax liabilities for clients
Opportunities to extract profits from the sale of pre-CGT assets from a company or trust in a tax efficient manner
What happens when someone dies while holding pre-CGT assets
Opportunities for preserving the pre-CGT status of assets using rollover provisions
When clients can be taxed on the sale of pre-CGT shares in a company or pre-CGT units in a trust
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
Tax Director, Knowledge Shop
Tuesday, 30 March 2021
12:00pm - 1:15pm AEDT in ACT, NSW, TAS & VIC 11:30am SA | 11:00am QLD | 10:30am NT | 09:00am WA
Need group rates? Call (or email) Lee Marshall on 0434 067 133.
Member
Includes reference notes + 3 month recording access
$195 Individual access
$430 Office access*
Non-Member
Includes reference notes + 3 month recording access
$235 Individual access
$480 Office access*
Terms & conditions: All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.
*The office rate applies per office location (maximum number of participants temporarily increased to 20 per office location). The PD points for all attendees will be recognised - multiple links at same location if required. We will contact you for the names of your team once you have registered as an office.
Requirements
You will need a computer with audio!!
AudioYour computer needs speakers or a headset to hear the audio (do a quick check these work). If you are having problems, you can dial in on the phone number provided on the reminders and confirmation but please note your carrier will charge you at long distance rates.
SoftwareJoin the webinar 15 minutes prior to check that your computer systems allow you to download the GoToMeeting software. Or check your connection days before the webinar by goinghere
Webinar URLTo join the webinar, you need to click this link. It was sent to you when you registered and will also be on the reminders - check your spam if you have not received and please contact us ASAP if you have lost.
Changing computersIf you need to change computers during the webinar, make sure you log off the webinar on the first computer before logging onto the second computer.
PC requirementsPC users (Windows® 7-10) ; Mac users (Mac OS® X 10.9 or newer); Google chrome OS, Mobile users; Android OS 5 (lollipop), Android 9 (piie), ios 10-ios 12 iPad 2 or newer, iphone 4s or newer, (iPhone®, iPad®, Android™ phone or Android tablet).
BrowserChrome (recent 2 versions, Firefox (recent two versions)
Internet1mbps or better, mobile device 3G or better
