ACS Professional Event - Essential Legal and Accounting Advice for Your Tech SME
3rd November 2020
- Join us for a free face-to-face member event at the Sebel Brisbane on Thursday 12 November, 5.30pm where we will take a deep-dive into fundamental accounting and legal issues for tech SMEs and consultants.
- Understand your organisational requirements for compliance, the best structure for your SME, and crucial considerations for employment arrangements, with a particular lens on the impacts of the COVID-19 environment.
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Date: Thursday 12 November
Registration: 5pm – 5.30pm (AEST)
Event time: 5.30pm – 7.30pm (AEST)
Venue: The Sebel, Level 5-95 Charlotte Street, Brisbane CBD
CPD points: 2
Cost: Free for ACS Queensland members
Join ACS Queensland Preferred Legal Partner Active Law, and Preferred Accounting Partner William Buck for a free educational presentation to support the effective and compliant management of your tech SME along with tips for restructuring. Relevant for ICT Professionals working in, or running their own Tech SMEs along with startups, don’t miss this expert presentation that will step through pertinent legal, accounting and financial foundational topics along with considerations for the COVID-19 environment.
Choosing your business structure and how to keep the peace after the honeymoon
Andrew Redburn, Legal Practitioner Director and Phillipa Hooper, Senior Associate, Active Law, will present on the topic of effective legal business structuring for your tech SME and managing the relationships with your business partners or shareholders. Choosing the right legal structure for your business is vital to optimise tax effectiveness, asset protection and flexibility for future growth. But does it stop there? You and those you are in business with have invested time, energy, and money into the business. Lessen the risk of those relationships souring by having a framework of rules to play by.
Your basic obligations as an employer
Michelle Cowan, Senior Associate, Active Law will then present on the employment standards that you must comply with when you employ staff in your business. Many employers are confronted with substantial fines and court orders because they haven’t complied with their obligations under the Fair Work Act 2009 and have then not remedied their breaches when required to. It’s not difficult to get it right, you just need to understand what your obligations are.
Tax tips on how to effectively restructure your business and what concessions may be available to you
Whether you have outgrown your existing structure, are potentially looking to exit the business or bring on new partners, it is imperative to review your structure on an ongoing basis and make the necessary changes ahead of time. When restructuring, there are numerous issues to consider and Scott Lindeblad will go through these and the options available to your business, along with the tax concessions accessible to you to minimise any potential tax and business impacts. Asif Joowalay will also take you through what is involved in valuing your business and the areas you need to be aware of when you are looking at internal transfers as part of a restructure.
There is no one size fits all, so come along and learn how best to restructure your business.
SPECIAL MEMBER OFFER
Did you know Active Law and William Buck have special ACS Queensland member offers available? Active Law is offering a half-price employment law health check to ensure your organization is compliant for $106 plus GST along with fixed price legal fees for business sales, purchases and reviews of the REIQ Business Sale contract.
William Buck are offering preferential member rates for ongoing tax/accounting support starting (from $200 per month plus GST), and personal returns from $250. Follow the links above for more information and to request a consultation.
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