This course covers six key tax considerations and common pitfalls that advisors and their clients need to be aware of when paying a dividend from a close company. It will also review the non-cash dividends can arise under income tax legislation.

The course will provide a review of practical issues with a clear analysis of the tax law and practice, using examples to illustrate the issues.

Specifically, it will cover

• General Dividend Issues
  o Solvency
  o Imputation
  o RWT
• Shareholder Continuity
• Non-Cash Dividends
• Distributions on Wind Up

Upon satisfactory completion of this activity you will be able to:

• understand the rules and principles better
• anticipate relevant tax issues
• confidently advise clients of the tax implications in each of the areas

Suited to:

This course will be suited to intermediate through to advanced accountants in public practice who are dealing with close companies and their shareholders. It will also be suitable for corporate accountants of close companies.

PRESENTER:

Mike Hadwin, Director, Symmetry Advisory Ltd.

Mike has been a regular presenter for TEO Training. You’ll learn from Mike’s 40 years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.