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Making Practices Perfect: Contemporary Issues for Practitioners

Published on 16 Feb 2007 | Took place at City West Function Centre, West Perth, WA

The landscape has changed significantly for practitioners contemplating an appropriate structure for their professional practice. These materials review the questions which you should consider.

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Individual sessions

Under charging, overpaying and underpinned by vague growth plans - the profession in 2007

Author(s):  Geoffrey HARRIS In a break from taxation, this presentation outlines the results of Plan B's recently completed 2006 market research into the accounting profession. The presentation reveals interesting trends including areas of clients' concerns, staff salary and charge rates, growth forecasts, practice development initiatives and the constraints of the Financial Services Reform Act.

Materials from this session:

Structuring professional practices: recent developments in taxation issues

Author(s):  Graeme JOLLEY

The landscape has changed significantly for practitioners contemplating an appropriate structure for their professional practice. This paper reviews the questions which you should consider, including:

  •  CGT changes announced in the budget: what impact will these have?
  • service trusts: how have they survived their broadside?
  • PSI regime: what are the implications?
  • professional liability exposure: what is the real position?
  • goodwill: what are the issues?
  • part time or more flexible arrangements: can these be catered for?
  • departure and arrival of ‘partners’: how do you cater for these?
Materials from this session: