Monday
10 February2025
CPA Australia City Taxation Discussion GroupDemystifying Division 7A
The discussion group session will focus on Division 7A. While the deemed dividend rules in Division 7A have been in place for many years, it continues to be a major area of focus for the ATO in relation to private businesses and family groups and a key risk area for advisors.
There are many ways in which Division 7A issues can arise, and while the rules have been in place for many years, it remains a key area of focus for the ATO and a major risk area for private client groups. The ATO continues to see a wide range of fundamental errors in applying Division 7A. This includes a lack of compliance with the rules and in many cases a failure to correctly disclose debit loan balances in company tax returns.
Agenda:
– Current ATO activity relating to Division 7A
– Section 109RB – Commissioner’s Discretion
– Why the change of heart and how your client’s problem might become your problem
-Alternatives to dealing with historical problems
SPEAKER: Peter Bembrick | Partner | HLB Mann Judd |
Peter Bembrick has been providing tax assistance to businesses and individuals since he joined HLB Mann Judd more than 30 years ago, becoming a partner in 2004.
Peter’s opinions and expertise are widely sought after by industry and peers. He has served on advisory committees for Chartered Accountants Australia New Zealand and has written numerous articles for business publications. His views and comments are continually sought by business journalists writing for Australia’s major media outlets.
Peter is the current chair of the HLB Mann Judd Australasian Tax Committee, and is also very active within HLB International, assisting his clients in partnership with colleagues in HLB offices all over the world.
Please register your spot at https://citytaxation.com.au/courses-page/10feb25/
The discussion group session will focus on Division 7A. While the deemed dividend rules in Division 7A have been in place for many years, it continues to be a major area of focus for the ATO in relation to private businesses and family groups and a key risk area for advisors.
There are many ways in which Division 7A issues can arise, and while the rules have been in place for many years, it remains a key area of focus for the ATO and a major risk area for private client groups. The ATO continues to see a wide range of fundamental errors in applying Division 7A. This includes a lack of compliance with the rules and in many cases a failure to correctly disclose debit loan balances in company tax returns.
Agenda:
– Current ATO activity relating to Division 7A
– Section 109RB – Commissioner’s Discretion
– Why the change of heart and how your client’s problem might become your problem
-Alternatives to dealing with historical problems
SPEAKER: Peter Bembrick | Partner | HLB Mann Judd |
Peter Bembrick has been providing tax assistance to businesses and individuals since he joined HLB Mann Judd more than 30 years ago, becoming a partner in 2004.
Peter’s opinions and expertise are widely sought after by industry and peers. He has served on advisory committees for Chartered Accountants Australia New Zealand and has written numerous articles for business publications. His views and comments are continually sought by business journalists writing for Australia’s major media outlets.
Peter is the current chair of the HLB Mann Judd Australasian Tax Committee, and is also very active within HLB International, assisting his clients in partnership with colleagues in HLB offices all over the world.
Please register your spot at https://citytaxation.com.au/courses-page/10feb25/
17:303/111 Harrington Street SYDNEY NSW 2000 and CPA Australia City Taxation Discussion Group Zoom Webinar
