6 big tax risks in SMEs: how do we spot them and can we fix them?

Sharing Knowledge: 6 big tax risks in SMEs: how do we spot them and can we fix them?

Private and SME groups often carry tax risks that go undetected until a dispute, audit or transaction brings them to the surface. In this practical session, Tom Howard (Partner, Pilot Partners) and Luke Furness (Special Counsel, Clayton Utz) draw on their complementary advisory and litigation experience to walk you through the five risks they see most often — and what you can do about them.

What we’ll cover:

• Undocumented intra-group dealings (e.g. SNA-type issues) 
• Related party transactions with no market value evidence 
• Common Division 7A mistakes 
• The capital/revenue distinction in private groups and navigating the grey areas 
• Poor evidence set-up and gathering
• Family Trust Elections and Family Trust Distributions Tax

Using practical examples drawn from real engagements, Tom and Luke will show you what these risks look like in practice, how to identify them early, and the steps available to address them before they escalate.

What you’ll walk away with
Every attendee will receive a one-pager summarising the key risk indicators — designed as a ready-made reference tool you can apply across your own client base.