Regional Tax Masterclass Part 3: The only constant is change...Restructuring

Published on 06 Jul 2020 | Took place at Online, National

Three years further on and the twins wish to acquire another property so they can have a controlling interest in a property each. So, they seek your help to restructure the ownership of the farm taking into account they may need finance assistance from family members.

Change is inevitable, and therefore practitioners should be aware and prepared.

This session will provide an in-depth review of:

• how the farming business might be restructured tax effectively, including the use of rollovers
• how the small business CGT concessions may be applied, and some tricks and traps within these rules
• other considerations such as funding options, GST and duty.

The session will also look at some of the factors to consider when using different entity structures, including SMSF’s, when restructuring a business.