Rural Business Structures 2021

Description

Like any business, it is essential that the ownership structure chosen is appropriate from a commercial, wealth accretion, estate planning and taxation perspective. Any business structure needs to provide certainty for the owners, but also enough flexibility should circumstances change in the future.

In many respects a rural business is no different to any other business in terms of what structure is appropriate. However, unlike most businesses, the owner/operator of a rural business lives on the business premises. This creates a variety of unique issues that need to be considered when determining what business structure is appropriate.

During the webinar Tony will discuss a number of case studies where he will work through the issues to be considered when adopting a variety of different business structures including:

  • Equity “Partnerships” – Should I use a company or limited partnership?
  • Restructuring an existing business structure
  • Funding structures
  • Does restructuring constitute tax avoidance – does the Penny & Hooper decision have application to rural business structures?
  • The impact of the 39% tax rate from 1 April 2021

LEARNING OUTCOMES

Attendees will learn what structures are appropriate for them and what the advantages and disadvantages of each structure is.

SUITED TO

Anyone advising farmers on appropriate business structures including accountants and lawyers.

PRESENTER

Tony Marshall, Principal, CEG Limited

1.25 CPD Hours

  • Feb 11
    Thu, 10:30 AM NZDT - 11:45 AM NZDT Online
    • $195.00 excl. GST

Coming Soon

  • Tue 09 Feb 10:30 AM NZDT
    Year End Tax Planning 2021
  • Tue 09 Feb 2:30 PM NZDT
    Shareholder Remuneration 2021
  • Wed 10 Feb 10:30 AM NZDT
    Trust Series 2021 – Trust Fundamentals
  • Thu 11 Feb 10:30 AM NZDT
    Rural Business Structures 2021
  • Thu 11 Feb 2:30 PM NZDT
    Tax Residence Update 2021
All Coming Soon >>

One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants to a live webinar will automatically be sent a recording at the end of that week along with a full transcript of the webinar, regardless of whether you attended or not.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.