Capital Income - Is the Party Over for Capital Extraction of Funds?

Speaker

Alex White, Tax Partner of Kay Johnson Gee Accountants

Session

We will look at a real case study of an owner managed business (husband and wife), who together have a large cash balance. They want to pursue other interests but need the cash to fund these such as investing their funds for retirement later on and buying a holiday home in Florida. The sale of the business is not possible.

This session will look at the options that were made available and how the client's objectives were met together with an overview of the new Targeted Anti-avoidance Rules.

Learning Objectives

After attending this event, you will be able to:

• Identify similar clients were planning may be possible to release funds for investment

• Highlight that there may be a tax efficient alternative to income dividends

• Manage client expectations given the risks involved

• Understand the process and pitfalls

Agenda

Registration & light breakfast: 08:00 - 08:30

Session start time: 08:30

Session end time: 09:30

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