Session 1: Preparing for 2025: The Tax Landscape Ahead 

• Understand new legislative developments and the implications for tax practice. 

• Identify current consultations, such as those related to residency, and the potential impact for your clients. 

• Examine ATO hot topics target areas. 

Session 2: Division 7A in a s.100A Environment 

• Analyze the interaction between Division 7A and s.100A, including key implications for compliance. 

• Evaluate the Bendal decision and its significance in current tax practice. 

• Identify other compliance issues related to Division 7A and strategies to mitigate exposure. 

Session 3: Employee Share Ownership Plans – What, When, Where, Why, and How? 

• Explore the growth and benefits of Employee Share Ownership Plans (ESOPs) in private companies. 

• Identify the different ESOP options available and their advantages and disadvantages. 

• Learn how to implement an ESOP effectively for both personal practice and clients. 

Session 4: Structuring Outcomes for Small Businesses 

• Understand the benefits of restructuring for small and medium enterprises (SMEs). 

• Determine eligibility and calculate cost bases for the small business restructure roll-over. 

• Recognize key traps and tricks in applying small business CGT concessions. 

Session 5: What’s Hot in the FBT and GST Space 

• Stay updated on recent changes in FBT and GST that are relevant to your practice. 

• Identify ATO targets in the FBT and GST space to ensure compliance. 

• Review common compliance issues and strategies to address them effectively. 

Session 6: Working with Family Groups 

• Understand the structural differences between companies and trusts in family groups. 

• Evaluate the advantages of using a company as a beneficiary of a trust. 

• Explore the benefits of a discretionary trust holding shares in a company. 

• Determine when a family trust election is advantageous for a trust owning shares in a company. 

Session 7: New Code Obligations for Tax Agents and What it Means Practically 

• Understand the recent revisions to the Tax Agents Services Act 2009 Code of Conduct. 

• Identify the practical implications of the new Code obligations for tax practitioners. 

• Explore strategies to mitigate risks associated with the new Code of Conduct. 

Session 8: Hot Topics: FAQ from the Day and the Helpdesk 

• Consolidate and clarify key takeaways from the day's sessions. 

• Engage in a collaborative Q&A session to address outstanding questions and concerns from the day’s discussions.