Unlock the secrets to navigating today’s complex tax landscape with this Small Business Tax Essentials program. From decoding pivotal case updates like Bendel v Commissioner of Taxation, to mastering taxation concerns relating to small business restructuring and who is an employee, through to managing tax audits and disputes, tax experts will guide you through every twist and turn. With insights from a former ATO commissioner, gain a competitive edge with updated tax law for your client concerns.
Attend and earn 3 CPD units including:
2 units in Substantive Law
1 unit in Professional Skills
This program is applicable to practitioners from all States & Territories
- The outcome of the AAT’s decision in Bendel v Commissioner of Taxation [2023] AATA 3074, and its impact on Division 7A of the Income Tax Assessment Act 1936
- Recent Court decisions in respect of Part IVA and section 100A of the Income Tax Assessment Act 1936
- TR 2023/4 Income Tax: pay as you go withholding – who is an employee? Following decisions of the High Court and the Federal Court
- The recent AAT decision of ZWBX v Commissioner of Taxation [2024] AATA 2065, on small business structuring in respect of Early-Stage Innovation Tax Offsets
Presented by Michael Ballans, Barrister, Inns of Court
As small businesses evolve, their commercial needs often change, which may require reassessing their initial business structure. Gain all-important insights into tax-efficient strategies for restructuring to optimise growth potential, and / or preparing for the sale or succession of private enterprises.
- Available rollovers to mitigate tax liabilities
- Leveraging small business concessions when applicable
- Insights and common challenges in the restructuring process
Presented by Antony Barrier, Director, Muro Doig
Stephen Heath, Partner, Wallmans Lawyers; Recognised as preeminent Tax Lawyer – South Australia, Doyle's Guide 2023
- Managing ATO audits and disputes
- How to seek explanation from ATO
- Opportunities for resolution pre-amendment
- Opportunities for resolution post amendment
- Tax governance principles
Presented by Michael Cranston, Partner, Waterhouse Lawyers; former Deputy Commissioner, ATO
Presenters
Antony Barrier, Director, Muro Doig
Antony is a sought-after legal professional with extensive experience in tax and superannuation law. His experience includes time in the Tax Group of a national firm and a boutique firm in London that specialised in international tax. Antony’s expertise allows him to advise provide expert advice on most areas of Australian Federal and State taxation. He is well-regarded for his knowledge of international tax issues and his ability to provide highly skilled services in estate planning, business structures, and general commercial/corporate transactions. Antony has a Master’s degree in Law (with Distinction) from the University of Western Australia and is a Fellow of the Tax Institute.
Stephen Heath, Partner, Wallmans Lawyers
Stephen has over 30 years' experience in providing specialist legal advice in superannuation, financial services, taxation and commercial advice. He is widely recognised as one of Australia's foremost experts on superannuation and taxation, and as such has been listed in the prestigious Best Lawyers Australia* publication which identifies the nation's outstanding legal practitioners, as well as in Doyles Guide to leading Taxation Lawyers'. Additionally, in 2017 he was recognised as Adelaide's Tax Lawyer of the Year*. Stephen advises on superannuation, including public offer, corporate and self-managed superannuation funds. He advises clients on income tax, capital gains tax, stamp duty, payroll tax, land tax and assists with taxation disputes. His expertise extends to advising clients on trusts and business structuring, including the purchase and sale of business entities and other commercial transactions. Stephen is active in the industry through his involvement with The Tax Institute. He sat on the Tax Institute National Council from 2012 - 2018 and on the SA State Council for over 10 years up to 2018.
Michael Ballans, Barrister, Inns of Court
Michael Ballans is a Barrister at Law, with over 15 years of experience. He practices in commercial law, with a particular focus on revenue law. He has appeared in various Courts and Tribunals ranging from the Administrative Appeals Tribunal, now Administrative Review Tribunal, the Federal Court to the Queensland Court of Appeal. Michael is also a CPA and a Chartered Tax Advisor of the Tax Institute. Michael has been listed in the Doyles’ Guide as a leading Queensland Tax Barrister for the last eight consecutive years.
Michael Cranston, Partner, Waterhouse Lawyers
With over 40 years' experience with the ATO, the last ten as Deputy Commissioner for Private Groups and Individuals, Michael understands the difficulties facing taxpayers with complex structures. Michael’s strong mediation skills allow him to negotiate and achieve the best result possible for taxpayers. In addition, Michael’s forensic accounting skills enable him to analyse complex accounting records in order to determine whether the ATO has made an error in their analysis of a taxpayer’s assessable income. Waterhouse Lawyers has engaged Michael to provide accounting assistance and to assist in negotiations with the ATO.