New 30 per cent trust tax creates significant challenges for private groups
Client AlertThe announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
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Online (On24)
With the increased risks of business failures and rising personal insolvencies, this session will explore the various options available to your clients when facing financial difficulties. This session will cover strategies to prevent bankruptcy, methods to protect assets, and clarify the process of what actually happens when someone is declared bankrupt. Gain valuable insights and practical advice to better support your clients during these challenging times.
*Members of professional associations can claim attendance at this webinar for CPD/CPE purposes, if you are satisfied in your professional judgment that it meets your CPD/CPE requirements as set out in your professional association’s regulations.
Head of Office Chairs & Community and National Head of Affinity
Director, Financial Advisory
The announced 30 per cent minimum tax on discretionary trusts creates significant challenges for private groups.
It is important for business owners facing financial distress to understand all the options available to them. Small Business Restructuring (SBR) offers a pathway for small and medium sized Australian companies experiencing financial pressure to deal with unmanageable debt, reset operations, and continue trading through and beyond difficult times. SBRs are also a cost-effective solution to save a business compared to a liquidation shut down.
Explore eight often overlooked tax issues impacting asset division and liabilities in family law.