Live Webinar: Small Business Company Tax Rate - Risks and Opportunities


Date:   Monday 4th March 2019 – Online:
Vic, NSW, ACT, Tas:  2.30pm to 4pm 
SA: 2pm to 3.30pm  WA: 11.30am to 1pm 
NT: 1pm to 2.30pm  Qld: 1.30pm to 3pm

The reduction in the small business entity company tax rate from the 2016/17 year has been modified by further changes which apply from the 2017/2018 year. These legislated and anticipated changes in the corporate tax rate for small business entities can trip up the unwary and result in trapped franking credits or over-franking of dividends. This session identifies the risks and opportunities that arise with the reduced tax rate and discusses the following issues by reference to worked examples:

  • What is the differences between the franking rate and the tax rate?

  • How to maximise the franking credits without risking overfranking?

  • Changes from 2017/18:

    • what is base rate passive income?

    • how do the look-through rules in relation to trust distributions work?

  • Practical compliance tips:

    • how to lodge before the legislation passes - Lodge and amend versus lodging based on the new rules

    • what to do in the event of inadvertent overfranking: the ATO’s approach (PCG 2018/D5)

    • repeal of the ‘carrying on a business’ requirement - do any 2017/18 returns need to be reviewed and amended?

Our presenter

Damian O’Connor, Principal, Tax + Law, Brisbane

Damian is a Tax Lawyer and Chartered Tax Advisor with clients in Melbourne, Brisbane, the Gold Coast, around Australia and overseas.

He has been helping clients with Corporate, Commercial and Tax aspects of their businesses for 18 years, most recently as a tax partner with national law firms, following 23 years with the Australian Taxation Office as an investigator and auditor and in other roles.

Damian has assisted many clients with the tax complications of planning and structuring their business and financial affairs, and has successfully managed taxation audits (including payroll tax and state duty dealings), debt and penalty negotiations, Director Penalty claims, private rulings, objections and tax appeals to the AAT and the Federal Courts.

He has considerable experience working for clients when the going gets tough, and has defended tax prosecutions and managed many contentious, complex, high risk and high stress tax matters, including Project Wickenby raids.

Damian regularly presents seminars on tax aspects of business transactions, family law, trusts and estates, Division 7A, superannuation and most other areas of tax law for a range of organisations.

This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.


Live webinar delegates will receive a CPD certificate for attendance at this webinar.  Accountants can claim up to 1.5 CPD/Training hours.  Lawyers can claim up to 1.5 CPD units/points – substantive law.  This webinar has been designed to run for 1.5 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1 hour.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email:

Attending a TEN webinar couldn’t be easier. Basically it’s just like attending a seminar except that you don’t have to leave the comfort of your office or home. You just need to be available at the appointed date and time with your computer and internet connection.

Once you’ve registered for the webinar, we send you a link so that you can login to the webinar from your computer. The speaker delivers the session from their computer in real time. Just like a live seminar, you can ask questions of the speaker. You simply type your question into the question box and the speaker responds to it during question time.
At the end of the webinar session we send you a certificate to confirm your attendance and the number of CPD hours you earned.

You will need a computer with sound, an internet connection and earphones if you need to participate in the webinar in an open office environment (so you don’t disrupt those around you).

Product Code: RBAMAR19
 Price:   $264.00 (Inclusive of GST)
© 2019 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.