Description
About this Webinar
This training sets out the various legal structures to consider in establishing a private practice. In Australia, there are a number of potential legal models available to newly established practices. This course provides a high level introduction to some of the options available to you.
Learning Outcomes
- Why your legal model matters
- Liability
- Tax planning
- Growth and serviceability
- The Sole Trader Model
- Advantages and disadvantages
- Liability issues
- Partnership Model
- Joint and several liability
- Incorporated Associations
- For completeness only.
- Proprietary Companies
- Advantages and disadvantages
- Who is the principle shareholder(s)?
- Trusts
- Trading Trusts v Shareholding Trusts
- Tax planning benefits
- Personal Services Income rules
- Tax Concessions
- Should I consider a Charity? Advantages and Disadvantages
- Payroll tax and income tax exemptions/concessions
- Foregoing CGT exemptions
- Should I consider a trading name?
- Advantages and Disadvantages
- Reserved business names
- Insurance considerations.
Audience
This webinar is suitable for any practitioner considering establishing a private practice.
Presenter
This webinar is presented by Simon Mason, Solicitor. You can find out more about Simon here.
CPD
Practitioners can claim up to 1 CPD unit/point. This Training has been designed to run for 1 hour, however, training lengths can vary depending on the level of questions and discussion. If you are in doubt, please verify with your CPD Rules. See also:
- CPD Requirements for Psychologists
- CPD Requirements for Counsellors and Psychotherapists
- CPD Requirements for Occupational Therapists
- CPD Requirements for Accredited Social Workers