Tax Consolidation Essentials Webinar 2023
Recorded 9 November 2023. The key benefits and risks when using the tax consolidation rules.
How to form a tax consolidated group
The pros and cons of tax consolidation
Dealing with tax losses and capital losses
Recorded 9 November 2023
There are a number of advantages of using the tax consolidation system, including the ability to move assets around the group without triggering CGT issues and offset profits and losses between group members. However, certain aspects of the system can be complex, and this has discouraged some practitioners and clients from utilising the system.
The Tax Consolidation Essentials Webinar demystifies the tax consolidation regime, helping you to identify clients that might benefit from the system as well as assisting those already using the system to navigate their way through the provisions.
Total 1.25 CPD Hours
The Tax Consolidation Essentials Webinar explores the key benefits and risks when using the tax consolidation rules:
- Understanding when a group can be formed and the steps that need to be followed to form a consolidated group
- How to manage ongoing tax compliance within a consolidated environment
- The asset cost resetting process in plain English
- Bringing losses into a consolidated group
- Utilising losses using the available fraction provisions
- What happens when an entity leaves the group
Michael Carruthers
Tax Director, Knowledge Shop
Michael is an adviser, author, in demand presenter, mentor to Knowledge Shop’s technical team, and is well known for his capacity to translate highly technical information into tangible and useable advice for the profession. He has a knack for seeing through the complexity and helping advisers work through highly technical issues with certainty and accuracy.
Michael works with advisers every day to help them negotiate and implement the constant tide of change impacting the industry. He was a long-term 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.
Tax Consolidation Essentials Webinar 2023
Tax & Accounting
1.25 hours | 3 modules
Investment per person:
$213.64
+ GST
Team cost:
$540.91
+ GST
You can’t use team rate, please either signup or login to access team rates
CPD Hours: 1.25 hrs
FS
SMSF
Tax Accounting
General