Strategic Tax Planning Day Online 2021


In the modern economy, it is important for businesses to have the right practical strategies in place to maximize their taxation outcomes. It is increasingly important that these strategies incorporate, where necessary, the myriad of opportunities and implications presented in each Federal Budget.
This 2-day webinar is designed to facilitate thought, discussion and action amongst the leaders of today and tomorrow. This event will arm you with cutting edge strategies for tax planning so you can effectively guide your clients – with specific consideration to the announcements made in the Federal Budget. 

The Strategic Tax Planning Day is made up of a 2-day live streamed webinar and a series of pre-recorded sessions that attendees can view at their leisure.
During the Strategic Tax Planning Day, you will have the opportunity to hear from: 
  • CA ANZ senior leaders on the ongoing support and advocacy work for members;  
  • The ATO on the key tax issues the department will be focusing on in 2021; and  
  • Industry leaders on topical issues that will affect your clients and your business. 
Tuesday 25 May 2021


12:30 pm-12:40 pm AEST
Conference Welcome & Tax Policy - Where are we at?

This session will provide you with high-level Chartered Accountants Australia and New Zealand advocacy update on tax policy.
Presenter: Michael Croker, Australian Tax & Financial Services Leader, Advocacy & Professional Standing, Chartered Accountants Australia and New Zealand

12:40 pm-1:30 pm AEST
Post Budget Tax & Superannuation Update
Get up to date with the latest and most important developments in tax and superannuation, including recent and proposed legislative changes arising from the Federal Budget 2021-2022. 
In this session we will:
Explain recent and proposed key tax and superannuation measures
Outline the status of legislation and other guidance in respect of these measures.
Presenters: Peter McGinty, Senior Tax & Superannuation Trainer, Education, Chartered Accountants Australia and New Zealand
Tristan Webb, Senior Tax & Superannuation Trainer, Education, Chartered Accountants Australia and New Zealand

1:30 pm-1:35 pm AEST
Break

1:35 pm-2:25 pm AEST
Australian Economic Update
Gain valuable insights into the Australian economy and Australia’s position in the Global economy.
In this session we will:
Explain the impact of domestic and foreign policies
Explain economic trends and developments for both Australia and our key trade partners.
Presenter: Gerard Burg, Senior Economist, National Australia Bank

2:25 pm-2:35 pm AEST
Break

2:35 pm-3:25 pm AEST
Panel Session - Practical tax strategies in the current economic and political climate
Our panel of industry experts discuss practical tax strategies arising from government policies, in particular those contained in the Federal Budget 2021-2022.
In this session we will:
Discuss key opportunities and incentives for taxpayers 
Discuss key risks and disincentives for taxpayers
Discuss the overall impact on the economy of government policies.
Presenters: Gerard Burg, Senior Economist, National Australia Bank
Bruce Thomas, Senior Tax and Superannuation Trainer, Education, Chartered Accountants Australia and New Zealand
Tony Negline, Superannuation Leader, Advocacy & Professional Standing, Chartered Accountants ANZ
Michael Croker, Australian Tax & Financial Services Leader, Advocacy & Professional Standing, Chartered Accountants Australia and New Zealand

3:25 pm-3:35 pm AEST
Break

3:35 pm-4:25 pm AEST
Tax planning for the future
The COVID-19 pandemic has had a profound impact on the Australian economy. As a result, tax planning strategies as you approach both year-end and the years proceeding that, must be adjusted to consider the array of measures announced to counter the effect of the pandemic on businesses. This session provides a detailed examination of these measures and practically illustrates how to tax plan for your clients taking these measures into account.
Presenter: Todd Want, Director, William Buck


4:25 pm-4:30 pm AEST
Day 1 closing remarks


Wednesday, 26 May 2021

12:30 pm-12:35 pm AEST
Day 2 opening remarks
Presenter: Michael Croker, Australian Tax & Financial Services Leader, Advocacy & Professional Standing, Chartered Accountants Australia and New Zealand

12:35 pm-1:35 pm AEST
Practice Management - ATO guidance on profit allocations
This session explores the key aspects of Practical Compliance Guide 2021/D2.
In this session we will:
Discuss the transitional rules and determine if they apply to a professional services practice
Discuss how the “bands” within the PCG operate and determine the “score” for a principal of the professional services practice.
Discuss the implications of falling within any of the “low”, “moderate” or “high” risk categories
Discuss plans  to live within PCG 2021/D2. 


1:35 pm-1:40 pm AEST
Break

1:40 pm-2:40 pm AEST
Business Structuring
Key considerations for appropriate business structures should always be centered around asset protection and succession planning.  Tax continues to have an important role to play in determining appropriate structures, and has to be given particular consideration for the operational and exit phases of a business.  From a tax perspective, key issues will be:
Base rate entity status
Small business entity taxation
CGT small business entity relief
Tax consolidation
CGT rollover relief upon restructure
Flexibility in profit repatriation

Presenter: Paul Mills, Tax Consultant, Consulting Pty Ltd

2:40 pm-2:50 pm AEST
Break

2:50 pm-3:20 pm AEST
Key issues and risks for small business a that practitioner should be aware of as they approach year-end
Gain valuable insights into the ATO’s initiatives and focus areas for the small business market.
Presenter: Deborah Jenkins, Deputy Commissioner, Small Businesses, ATO

3:20 pm-3:50 pm AEST
Key issues and risks for high net worth individuals that practitioner should be aware of as they approach year-end
Gain valuable insights into the ATO’s initiatives and focus areas for the private wealth markets.
Presenter: Tim Dyce, Deputy Commissioner, Private Wealth, ATO

3:50 pm-4:20 pm AEST
ATO: Panel discussion and Q&A
Our panel will discuss your concerns and answer questions arising from Sessions 10 and 11.
Presenters: Deborah Jenkins, Deputy Commissioner, Small Businesses, ATO
Tim Dyce, Deputy Commissioner, Private Wealth, ATO
Michael Croker, Australian Tax & Financial Services Leader, Advocacy & Professional Standing, Chartered Accountants Australia and New Zealand
Susan Franks, Senior Tax Advocate, Advocacy & Professional Standing, Chartered Accountants Australia and New Zealand

4:20 pm-4:30 pm AEST
Conference closing remarks
Presenter: Michael Croker, Australian Tax & Financial Services Leader, Advocacy & Professional Standing, Chartered Accountants Australia and New Zealand
Michael Croker
Australian Tax & Financial Services Leader, Advocacy & Professional Standing
Chartered Accountants Australia and New Zealand

Deborah Jenkins
Deputy Commissioner, Small Businesses
ATO

Tim Dyce
Deputy Commissioner, Private Wealth
ATO

Peter McGinty
Senior Tax & Superannuation Trainer, Education
Chartered Accountants Australia and New Zealand

Gerard Burg
Senior Economist
National Australia Bank

Tony Negline
Superannuation Leader, Advocacy & Professional Standing
Chartered Accountants Australia and New Zealand

Susan Franks
Senior Tax Advocate, Advocacy & Professional Standing
Chartered Accountants Australia and New Zealand

Tristan Webb
Senior Tax & Superannuation Trainer, Education
Chartered Accountants Australia and New Zealand

Todd Want
Director
William Buck

Bruce Thomas
Senior Tax and Superannuation Trainer, Education
Chartered Accountants Australia and New Zealand

Paul Mills
Tax Consultant
Consulting Pty Ltd
Online
Access details will be sent in registration confirmation.
Pricing

Member
$380

Non Member
$448

Group*
$323pp
*3 or more people from the same organisation registering together. 

If you wish to register for group numbers larger than 5, please contact the team at events@charteredaccountantsanz.com.

EVENT DETAILS


Topic: Business Mindset, Financial Advisory and Superannuation, People & Leadership

Sub-Topic: Business Planning & Analysis, Business Tax, Employment Taxes - PAYE, PAYG & FBT, Future of Business, Risk Management, State/Territory Taxes, Strategies for Success, Tax Administration

Format: Conference

Proficiency Level: Intermediate, Advanced, Authority

CPD: Upto 10 hours