This course covers 6 key tax considerations and common pitfalls that advisors and their clients need to be aware of when paying a dividend from a close company. Included is a review the non-cash dividends that 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

• Solvency
• Imputation
• 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
• Be better equipped to advise clients of the tax implications in each of the areas

This course will be suited to: 

• intermediate through to advanced accountants in public practice who are dealing with close companies and their shareholders
• corporate accountants of close companies.

1.25 CPD hours

PRESENTER

Mike Hadwin, Director, Symmetry Advisory

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.