SME tax measures are too big to ignore

Colin Munro, CTA, of Munro Doig



Ideally, taxpayers should have settled on a structure that will be efficient and effective for their needs before commencing an enterprise. Of course, it rarely works out that way. The tax costs of restructuring a mature business can prove prohibitive, and even when they’re not, questions remain around what the “ideal” structure would look like, and what the advantages are.


Colin Munro, CTA, a founding director of Perth based-law firm Munro Doig says ‘Often a client’s business may be operating within an unhelpful business structure, or they may want to transfer assets or entities within a broader group’. At the WA SME Tax Measures event on 1 March, Colin will be providing a roadmap to these complex issues. 

A specialist in tax, trusts, estate planning and business structures, Colin says ‘At The Tax Institute’s SME Tax Measures Day, I’ll be discussing how advisers can assist their clients in determining the efficiency of various structures. In addition, through a case-study, I’ll examine the tax costs involved in restructuring a mature business’.

Advisers need to understand common motivations for restructuring, as well as the various concessions available. The SME Tax Measures half-day seminar will provide an in-depth view of the various concessions available to small business, as well as help attendees understand the thresholds and rules surround the term to define exactly what a “small business” is.


Colin is joined by Alyce Galloway, of PKF Lawler and Ross Prosper, CTA, of Bentleys Perth, for a program that will explore grouping provisions, restructuring clients and the concessions clients can access through a mix of practical sessions and case-studies.


The event takes place at City West Receptions, from 9.00am-12.25pm. Find out more here.

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