This course covers key tax considerations and common pitfalls that advisors and their clients need
to be aware of when considering payments from close companies to the shareholders and their family
members. The course will provide a review of practical issues with a clear analysis of the tax law using
examples to illustrate the issues.

Part 1 will review:

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

Part 2 will review

• General Dividend Issues
• Share Repurchases
• Distributions on Wind Up

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

Total CPD Hours: 2 (1 per webinar)

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

Mike is a regular presenter for TEO Training. You will learn from Mike’s 35-plus 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.