Tax when life goes wrong: Losing your job and other disasters
Insolvency, Bankruptcy, Personal injury compensation, Insurance payouts, Natural Disasters, ATO troubles and accessing your SMSF early
Stream this recording multiple times at your convenience.
- $180.00 incl. GST
- PD hours: 1
No matter how good life seems now, the chances are that at some point, something will go wrong for your client and many of those unfortunate life events could have a tax impact. If that happens, the chances are the client will give little thought to tax and you will play a crucial role as an adviser in guiding them through the tax maze.
In the fourth of four webinars based on his recent book “Life and Taxes: A Look at Life Through Tax”, Mark Chapman considers the tax implications where life takes a turn for the worse.
With reference to legislation, ATO interpretation and practical examples, this webinar will consider how tax impacts such life events as:
• Losing your job
• Becoming insolvent or bankrupt
• Receiving personal injury compensation
• Getting an insurance payout
• Being part of a natural disaster
• Getting into trouble with the ATO
• Accessing your SMSF early
Webinar Learning Outcomes:
Attendees will obtain a detailed understanding of how tax law affects common life events which can strike any individual or small business at any time, as well as a detailed practical understanding of how the law applies to many common client situations. Attendees will clearly understand the tips and traps to be aware of, as well as planning opportunities so that current and future clients get the best possible tax outcome relevant to their situation.
Ideally suited to those who deal on a day to day basis with the tax and personal affairs of individuals and small businesses. This might include: Accountants, Tax agents, Solicitors, Real estate professionals, Financial advisers.
Mark Chapman is the Director of Tax Communications for H&R Block Australia. He has over 25 years’ experience as a tax professional in both the UK and Australia, specialising in tax for small business and individuals. He is a member of the Institute of Chartered Accountants in England and Wales, the Chartered Institute of Taxation and is a fellow of CPA Australia. He holds a Masters of Taxation Law with the University of New South Wales. He writes regularly on tax issues for numerous media outlets and presents on topical tax topics at seminars and other events. He broadcasts frequently on radio and television and writes a regular column for Money Magazine and Yahoo7 Finance. As a tax practitioner in the UK, he occupied a number of senior positions before moving to Australian in 2007 to join the Australian Taxation Office (ATO) as a senior director.
You will be provided with:
• PowerPoint Presentation slide deck
• Any Supporting Documentation
• Webinar Recording to view multiple times for up to 6 months
• An opportunity to ask questions to the presenter