PROFESSIONALS Network SEMINAR
Thursday 27th February 2020
5.10PM - 6.30PM
MCINNES WILSON LAWYERS
LEVEL 23, CENTRAL PLAZA
345 QUEEN STREET
BRISBANE QLD 4000
McInnes Wilson Lawyers wish to extend an invitation for you and your team to attend the no-cost, upcoming Professionals Network Seminar on Thursday 27th February 2020.
Join us for drinks and canapes after the seminar to network and workshop your most troubling legal issues with your peers, contacts and our MCW lawyers.
If you cannot attend in person, please click here for the webinar link.
Select corporate, tax and duty issues to keep front of mind for your clients as we approach 30 June.
Chris Davis, Principal of our Corporate and Commercial Advisory team, will present a useful summary of suggested hot topics for professionals to proactively discuss with their clients in the lead up to 30 June 2020 to ensure they don’t act too late! Pressing issues at the front of mind for our team include:
- Corporations Act audit and reporting compliance – how do the changed thresholds affect your clients? Is it time to consider discretionary relief?
- Superannuation amnesty – is it here yet and how has the new bill changed what was originally contemplated?
- Director liability for GST – it’s here! What is in and what is out and how do your clients manage this new regime?
- Land tax – the warnings have been issued, don’t let your client’s trust to be deemed foreign and subject to land tax surcharge!
Helping your clients in the start-up phase and early rounds of capital raising. Here’s how MCW can help
Taryn Hartley, Principal in our Corporate and Commercial Advisory team, will set out the emerging new issues facing start-ups and early stage ventures plus the usual commonly recommended legal steps that all start-ups and early stage ventures should pursue, including.
- The top 10 legal agreements for all start-ups and early stage ventures. Plus we will tell you how much we charge, and why.
- How getting the top 10 legal agreements helps in attracting investors and debt funding PLUS the side benefit of hopefully avoiding costly legal disputes.
- Early stage investor tax incentive – how and when can it work?
- How and when can the junior minerals exploration incentive work for the shareholders in small minerals exploration companies?
- Employee share schemes – shares, options, phantom rights? What do we recommend?
Foreign Investment Review Board and Real Property – Help your clients by better understanding this difficult compliance landscape
A couple of quick questions:
So your client has a trust that owns real property. The trust deed has a class of potential beneficiaries that include foreign persons. What do you do?
So your client is about to acquire real property.
- Know your client. Did you know Australian citizens, registered companies and settled trusts can be foreign persons for FIRB purposes?
- What exemptions are out there to assist?
- What is the scope of the retainer for an accountant or lawyer to advise on these issues?
Compliance with FIRB obligations is an issue with significant penalties for clients and sometimes advisers that are involved in transactions subject to FIRB restrictions. There are plenty of things advisers can do to mitigate risks for existing structures and planned acquisitions.
Hear from Michael Hinchcliffe, Senior Associate from our Corporate and Commercial Advisory team on what the rules are, how they apply plus some practical advice and guidance on what to do and when.