The Division 128 CGT rollover, which provides that any capital gain or loss from a CGT asset held by a deceased immediately before death, seems simple on its face. However, it’s important for advisers to understand just how far it extends – and what it doesn’t apply to. This session walks through the application of Division 128 to the following situations: Asset passing to legal personal representative: what happens when the LPR transfers the asset to a beneficiary?
Outside investors may be brought into a family business for many reasons: additional capital, succession planning, employee remuneration and incentivisation. Whatever the commercial drivers, the tax issues need to be recognised and managed as part of the process. This session examines tax issues that arise from:
Confusion continues to surround the transfer balance account reporting obligations that now apply. This session examines the challenges of the reporting obligations and the lessons we can learn from how they operate in practice. It covers:
What is reportable and when? - events that affect a member’s transfer balance
Events an SMSF does not have to report
What happens when fund is reporting quarterly when pension started on 1st July?
Are lump sum payments reportable under TBAR?
A spate of recent high-profile examples involving wage underpayments have shown that no industry is immune. With future reforms on the horizon, it has never been more important for employers and lawyers alike to understand how the landscape has changed and best practice strategies to consider if a suspected breach has occurred. This session will examine:
Unpacking how wage theft can arise – deliberate and inadvertent
The role of the Fair Work Ombudsman in receiving and determining claims
The Family Law Amendment Bill 2023 introduces sweeping changes to the way in which parenting matters are determined by the Court. This practical session explores the key changes and how they will impact future parenting matters, including:
The Family Law Amendment Bill 2023 introduces sweeping changes to the way in which parenting matters are determined by the Court. This practical session explores the key changes and how they will impact future parenting matters, including:
Property practitioners are beset by multiple ethical risks in their daily work. It is a matter of practitioner beware and being forearmed in practice. This session is about awareness of ethics risk in property transactions, including:
Understanding solicitor conduct rules in property transactions
Who is the client in property transactions? – getting the foundations right
Conflict awareness – representing multiple clients in property transactions
A healthy dose of scepticism is a crucial part of an auditor’s skill set. Understanding how far professional scepticism must be taken in practice is examined in this session, including:
Professional standards relating to auditor scepticism - professional scepticism mindset
Control systems in the audit to enhance exercise of scepticism
Guarding against the auditors own personal bias
Managing scepticism within the auditor client relationship
One of the most challenging aspects of school management is dealing with a school employee who is the subject of allegations alleging assault or concerns for child safety. What processes need to happen? From an employment law perspective, what options are available regarding the future of employment of the concerned staff member both in the immediate and long term? This session provides guidance on this issue and will take a closer look at:
One of the most challenging aspects of school management is dealing with a school employee who is the subject of allegations alleging assault or concerns for child safety. What processes need to happen? From an employment law perspective, what options are available regarding the future of employment of the concerned staff member both in the immediate and long term? This session provides guidance on this issue and will take a closer look at: