Advising Small Business Series
Help support your small business clients right from the start by ensuring that you implement the best structures and strategies to protect assets, maximise opportunities and minimise risk. Learn how to think critically through all scenarios to identify any potential red flags. This series will help you master key strategies for business structuring and protections, utilising government grants and tax concessions, and how to identify hidden issues to minimise risk. WEB2211Q04Z
Description
Attend and earn 3 CPD units in Professional Skills
This program is applicable to practitioners from all States & Territories
If you register for the full series as a live online product after the date of an individual session, you will be sent the recording for the sessions that have passed. Alternatively, you can register for individual sessions by following the links below.
Session 1
Effective Business Formation Strategies
Tuesday, 15 November 2022
A specialist in tax, estate planning, superannuation and asset protection, Patrick Ellwood, will share how to implement effective business and asset protection structures to balance the often-competing objectives of limited liability, the ‘domino effect’, cost consciousness, administrative simplicity and tax effectiveness to ensure your clients grow their business and achieve maximum value upon their retirement. WEB2211Q04AZ
3.00pm to 4.00pm Business Structuring: Beginning with the End in Mind
- Main structuring choices
- Overview of asset protection principles
- Key tax issues
- Fixing heritage structuring issues tax effectively
- Case studies
Presented by Patrick Ellwood, Director, Clover Law
Register here for Session 1 only
Session 2
Effective Business Planning Strategies
Tuesday, 22 November 2022
With a multitude of new federal, state and local government targeted grant opportunities on offer, Nicola Purser, tax partner at accounting and advisory firm BDO in Brisbane, will share her tips on how to secure grant opportunities for your clients. WEB2211Q04BZ
3.00pm to 4.00pm Government Grants and Tax Concessions for SMEs
- Getting R&D tax incentive claims right
- Export market development grants: proof is in the planning
- Competitive grants: put your best foot forward
Presented by Nicola Purser, Partner, BDO
Register here for Session 2 only
Session 3
Effective Planning to Minimise Risk
Tuesday, 29 November 2022
Chartered tax advisor and accredited business law specialist, Clifford Hughes, will work through real-world examples and practical strategies you can use to minimise risk for your clients. Delve into the sometimes unknown yet critical Division 7A issues that may raise its head when inheriting a client. WEB2211Q04CZ
3.00pm to 4.00pm Inheriting Clients with ‘Hidden’ Division 7A Issues
- Risks when clients want to reuse an old structure for a new business
- ‘Hidden’ Div. 7A issues to be wary of and places to look
- Analysis required if there are Div. 7A exposures found
- Disclosure to the ATO or rectification that may be available
Presented by Clifford Hughes, Principal, Clifford Hughes & Associates; Chartered Tax Advisor, SMSF Specialist Advisor, Accredited Specialist in Tax Law, Business Law and Wills & Estate Law
Register here for Session 3 only
Presenters
Patrick Ellwood
Patrick Ellwood is the founder of Clover Law and has over a decade of experience assisting high net worth individuals and business owners with their tax, estate planning and asset protection needs. He is a regular speaker for a range of private and professional bodies and is a published author. Patrick is passionate about helping families and business owners grow their business, protect their assets and ultimately achieve maximum value upon their retirement.
Nicola Purser
Nicola Purser is the National Lead Partner for Research and Development (R&D) at BDO in Brisbane, with a depth of expertise in R&D and Government Incentive services. Nicola also sits on BDO's Global R&D Centre of Excellence. Over the past 20 years, Nicola has assisted clients to maximise State and Federal Government assistance for investment in R&D and commercialisation activities, having managed some of Australia's largest and most complex claim engagements. She has experience with a diverse range of clients, and in addition to advice and claim preparation, Nicola supports financial investment decisions by modelling R&D benefits over the life of projects. Nicola has prepared numerous successful grant applications under the Start, Commercial Ready, Climate Ready and Clean Energy Future Programs, and managed Australian Taxation Office and AusIndustry reviews and audits. Nicola is acknowledged as a leading R&D tax advisor, having presented to various bodies on R&D incentives and innovation policies in Australia.
Clifford Hughes
Clifford Hughes practices as an independent consultant to numerous legal and accounting firms in respect of tax, super, business structuring and succession issues for their own practice structures and also for their clients. He is a Chartered Tax Advisor and a triple Accredited Specialist with the Queensland Law Society & the Law Institute of Victoria.