Starting a Business – Structuring, Registrations and Concessions
Overview
A practical guide to the considerations to be aware of when starting a business
Starting a business involves clients in taking some of the most basic but vital decisions a client will ever take. How can advisers assist in taking this fundamental decision, one which can have profound personal and business consequences down the track?
Using practical examples, case studies and clear language, we will explore the factors to take into account when starting a business, highlighting the tax implications of each
- Tax breaks on setting up a new business
- Setting up as a sole trader
- Setting up a company
- Forming a partnership
- Using a trust
- Hybrid structures
- Tax implications of each structure for business and owner
- Tax effectively moving from one structure to another – restructure rollover and other tax breaks
- What registrations does a new business require?
Learning Outcomes:
Attendees will gain a high-level understanding of how new businesses can be structured in a tax effective way, including a guide to the various commonly used structures. The session will highlight the tips, traps and practical planning points that can add real value to a client conversation.
Suited to:
Tax and accounting professionals and other business advisers who deal with clients who are looking to start a business.
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – Starting a Business – Structuring, Registrations and ConcessionsVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Mark ChapmanH&R Block
is the author of Life and Taxes: A Look At Life Through Tax and has edited and updated the second, through to the seventh, editions of Australian Practical Tax Examples, published between 2019 and 2024 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