Description
Attend and earn 1 CPD hour
* This interactive online recording includes questions and quizzes requiring critical thinking about the topics, so you have no annual limits to the number of points/hours you can claim with this format of learning. Please verify with your CPD rules
Learning Objectives:
- Understand key tax compliance risks for small businesses, including PAYE and employment settlements
- Learn how different methods of drawing funds from a company affect tax outcomes, including deemed dividends and loans
Chair
James Coleman, Barrister, Capital Chambers
Tax Compliance Issues for Small Businesses
- Different ways of deriving money from corporate structures, and tax consequences
- Issues around loans to/from closely-held companies, “deemed dividends”
- Tax issues in employment settlements
- Criminal consequences for non-payment of PAYE
Presented by Mike Lennard, Barrister, Stout Street Chambers
Presenters
James Coleman, Barrister, Capital Chambers
James is a specialist tax barrister practicing in Wellington. He has over 20 year experience in tax litigation and has appeared many times in the Privy Council, Supreme Court and Court of Appeal. He is the author of tax avoidance law in New Zealand and teaches a unit at the University of Auckland taxation master's programme.
Mike Lennard, Barrister, Stout Street Chambers
Mike is a litigation lawyer, specialising in tax and civil cases. His career to date has involved eight years’ practice as a Crown prosecutor and civil litigation lawyer, then eight years as head of litigation for Inland Revenue, and practice at the independent bar since June 2004. Mike’s practice includes intellectual property, competition law, professional negligence, constructive trust and relationship property litigation. He has a particular interest in financial regulatory and criminal issues, including cases under the Criminal Proceeds (Recovery) Act 2009, money laundering and administration of the AML/CFT legislation.
