Tax Consolidation Essentials Webinar

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

A Live Instructor Led Webinar

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

Details

Recorded: 16 November 2023

FAAA accreditation: 31690
1.25 CPD Hours: Tax (financial) Advice

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.

*Office Registrations. Maximum 15 participants per firm (must have same email domain). The PD points for all attendees will be recognised and links will be provided to all attendees.

What we cover

The Tax Consolidation Essentials Webinar explores the key benefits and risks when using the tax consolidation rules:

What's included?

  • 1 x 1.25 hour webinar
  • 3 month access to Q&A embedded webinar recording
  • Reference notes
  • 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

Our presenter

Tax Director, Knowledge Shop

Michael Carruthers

ProfileMichaelCarruthersMichael 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 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.