Small Business Rollovers
Overview
Using rollovers to minimise CGT in the context of small business disposals and restructures.
The ability to rollover a capital gain – to defer it to a later date – is a key planning tool available to businesses facing CGT liabilities from situations as diverse as restructuring an established business, selling business assets to a third party or disposing of an entire business.
But working out which, if any, rollover relief is available and navigating the complex rules regarding eligibility and application can be daunting.
This webinar examines this complex area of tax law, examining when rollover relief may be available, how to obtain it and what the tax consequences are in the short term and the long term.
Webinar Learning Outcomes:
Participants will gain an understanding of how tax law applies to CGT rollovers, both in theory and when applied to typical client situations. The knowledge gained can then be taken back to the office to be applied to your present and future small business clients. Material reflects and clarifies ATO guidance and case law.
Suited to:
The webinar is ideal for the development of staff within tax agent and accounting practices who act for small businesses and their owners.
You will also be provided with:
- The PowerPoint Presentation Slide deck
- A Searchable Transcript
- Any Supporting Documentation
Course syllabus
3 lessons
- Small Business RolloversVideo
- FeedbackSurvey
- Knowledge QuizTest
Your presenter
Mark Chapman – Director of Tax Communications with H&R Block AustraliaH&R Block
Mark is the author of Life and Taxes: A Look At Life Through Tax and has recently edited and updated the second edition of Australian Practical Tax Examples, published in September 2019, both published by Wolters Kluwer CCH 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 fellow of the Institute of Chartered Accountants in England and Wales, a fellow of CPA Australia and a member of the Chartered Institute of Taxation. He holds a Masters of Taxation Law with the University of New South Wales.
Since 2015, Mark has been Director of Tax Communications with H&R Block Australia. 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 Australia in 2007 to join the Australian Taxation Office (ATO) as a senior director.