Special Tax Topics 2024-25 - Contemporary business structures: What works, what doesn’t?

This session will discuss how client structures are often created based on the business needs and rules at a particular time. When rules change, client business structures should be reviewed.

After successful completion of this topic, learners should be able to determine the best structure for the following businesses:

• Businesses with significant goodwill
• Businesses without significant goodwill
• Businesses which sell into government and listed companies
• Businesses that operate in the suburbs with mainly a business to consumer focus.

• State the difference between the sale of goodwill and the supply of a going concern
• State the key requirements to obtain the GST Going Concern exemption
• Apply the Going Concern exemption requirements to the sale of a business
• Apply the Going Concern exemption requirements to the sale of land & buildings

This session forms part of the Special Tax Topics Series. These concise 1.5-hour sessions have been specifically designed for an online platform to ensure training is informative, immersive and even fun.

These sessions will:

• Ensure you get the critical knowledge you need while minimising your time out of the office.
• Assist you in providing proactive tax and superannuation advice and identifying tax planning opportunities early
• Help you avoid any possible traps and pitfalls
• Give you answers to the questions most relevant to you

Our partnership with Thomson Reuters gives you the most up-to-date information, updated regularly and enhanced by our technical specialists.