The average business owner in New Zealand is around 56 years of age, and a significant proportion of them (north of 50%) are thinking about exit over the next 5 years. However, they are often so focused on the day-to-day that they don’t start thinking about how to improve the value of their business until too late nor how to start conversations with the next generation, especially in a rural setting.
As advisors, Accountants need to be front-footing this topic. This course will focus on how to start the ball rolling and some of the common issues (tax and commercial) that need to be addressed both in advance and through any transaction. We will also touch on the so-called “Dividend Integrity Measures” covered by a recent discussion document from Government that may change this landscape for SMEs.
Given that every scenario has its own peculiarities, this course will focus on key themes and issues that need to be considered, providing a framework for advisors to be able to identify in future assignments the key issues they need to address with some practical solutions to consider.
Anyone in public practice who acts for SME/s Agri-Businesses, plus corporate employees in accounting/tax roles in this space.
Scott Mason, Senior Partner - Tax Advisory, Findex (presenting on behalf of TEO).
1.25 CPD Hours