Alienation of Professional Profits

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Description

Now that the Commissioner has finalised his position on when he will come looking at arrangements that alienate the profits of professional firms, and given this position can apply as early as the 2023 year, it is a good time to assess if the way your clients have been distributing their professional profits is a “high risk”. In this session we will consider Practical Compliance Guideline PCG 2021/4 Allocation of professional firm profits – ATO compliance approach and how to apply it to our clients.
Recorded on Friday 1 April 2022
Presented by: Ken Mansell

1 CPD Hour