Distribution of Professional Firm Profits - May 2021 (3 Hours of CPD) 1 Hour CPD

Distribution of Professional Firm Profits - May 2021 (3 Hours of CPD) 1 Hour CPDThe incorporation of professional practices has, for some years now, been accepted by the Australian Taxation Office as appropriate for income tax purposes in certain instances. This masterclass covers the specific requirements laid down by the ATO in this regard and also highlights the key tax implications arising from the incorporation of professional practices, including some tips, traps and planning opportunities associated with it. It covers: How

Minimising taxes on superannuation

That is why Advisers Digest have put together a three-hour masterclass webinar series all about Estate Planning for Accountants

Key differences between VA and SBR

What do we do with capital gains

Differences between realising capital gains in a company owned by family trusts versus a partnership of family trusts

We’ll walk you through the 2026 updates

and what didn't make it and more

Some specific workshop examples where compensation is received for:

Impact of private use

Buying assets and a building

Companies and dividends

Come along to our masterclass where Peter Johnson offers some alternate ideas around tax planning