This course covers key tax considerations and common pitfalls that advisors and their clients need to be aware of when providing a payment of salary/wages from close companies to the shareholders.

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, the webinar will review:

• Remuneration to Shareholders & Relatives
• Drawings from a Loss Company
• LTCs & Remunerating Working Owners
• Documentation requirements

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

• understand the rules and principles better
• identify relevant tax issues
• have a greater awareness of tax implications in each of the areas

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.

1.25 CPD hours

PRESENTER

Mike Hadwin, Director, Symmetry Advisory

Mike is 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.