Course Details

This webinar will review the tax implications of operating a company and the implications of operating in a group structure.


The decision to incorporate a trade or to establish a corporate group is not always a straightforward one. It is important to always consider the ongoing and potential future tax implications of operating within a corporate group.

 

In this session Niall Hanton will cover the following topics;

  • Incorporating a business – overview of tax implications when an individual decides to transfer their sole trade to a company.
  • Capital Gains Tax Groups – overview of CGT tax implications of transferring assets between group companies.
  • Stamp Duty Groups – overview of the stamp duty implications when transferring assets between group companies.
  • Corporate tax groups – overview of some of the key items.
  • Close company surcharge recap – and operation within a group structure.

 

By attending this session, you will obtain an understanding of some of the key tax implications to note when a trade is being transferred from a sole trader to a company and considerations on whether or not to operate in a group structure.

 

This session will be of most interest to Accountants and Business Owners

 

Course level: Intermediate

CPD Course Speaker

OmniPro Tax and Legal

Niall Hanton

Niall brings a wealth of experience across various tax areas, including corporate restructuring, succession planning, business acquisitions and disposals, tax due diligence, and corporate and personal tax compliance. Niall comes from a top 6 firm which has undergone rapid market growth over the last number of years bringing a wealth of knowledge from that fast-paced environment.

Niall's expertise extends to a wide range of industries, including retail, agriculture, manufacturing, hospitality, professional services, and more. Additionally, his background in tax, combined with experience providing accounting advise surrounding transactions, makes him a valuable asset to our team.