All events Queensland Local Tax Club

Local Tax Club - Toowoomba

28 February - 30 November 2023




Keep up to date with the latest developments in all areas of tax and connect with your local network over breakfast

With a local and topical line-up of sessions and presenters, the Local Tax Club Series will deliver quintessential and hot topics which affect you and your clients.

This series includes 5 sessions delivered locally to you. With each session featuring a specialist tax topic presented by experts in their fields and a monthly tax update to keep you abreast of Australia’s ever changing tax legislation, being part of your Local Tax Club will not only keep you on top of the latest tax knowledge but will connect you with your peers, and fellow members of your tax community.

Take advantage of our subscription package, with special discounts and incentives for Local Tax Club Series subscribers as well as making registrations for the year much easier.

To register for a single session please complete the registration form on the brochure and email to

Event Details

Single session registration

$ 125 (members)

$ 150 (non members)

  • When30-March-2023 - 30-November-2023
  • FormatFace-to-face
  • CPD Hours7.5 (1.5 per event)





28 March 2023
7:30 AM - 9:00 AM
1.50 CPD hours

Let’s get organised for the last quarter of the 2023 income year with practical year-end tax planning tips, savings, case studies, and insights to put your clients’ groups in the best position, given recent changes:

  • Trust distributions, considering Reimbursement Agreement time bombs
  • Trust resolutions – tips and traps
  • Dividend declarations and payments
  • Superannuation opportunities
  • Year-end obligations such as Division 7A repayments
  • Documentation required, including set offs


Stephen Holmes, CTA, WMS Chartered Accountants

Tax update presenter

To be announced

1 June 2023
7:30 AM - 9:00 AM
1.50 CPD hours

A run of cases in the Courts on trusts in 2022 has prompted many professionals to consider whether asset structuring and asset protection strategies of the past (including companies and trusts) are still relevant. This session will explore:

  • Should all of the assets be put in the name of the ‘non-risk’ spouse and what is the impact of the High Court decision in Bosanac v Commissioner of Taxation [2022] HCA 34?
  • The effectiveness of gift and loan back arrangements following the decision in Re Permewan No. 2 [2022] QSC 114.
  • Considerations to be aware of before interposing a holding company.
  • Asset protection and its interaction with the general anti-avoidance rules in Part IVA.


Jodie Robinson, CTA, McCullough Robertson


Tax update presenter

To be announced

15 August 2023
7:30 AM - 9:00 AM
1.50 CPD hours

The challenge of providing sufficient working capital to small business can be demanding from a tax perspective particularly for small businesses with a need for a high level of working capital.

The management of these arrangements while they remain in place must be undertaken with due consideration of the relevant tax rules while the unwinding of those arrangements may give rise to substantial tax issues. This session will look at the following sources of working capital including;

  • External financiers (banks)
  • Loans from business owners and parties associated with business owners (including family members providing loans and guarantees to the small business)
  • Retention of unpaid present entitlement (UPE) of companies (pre-2009 loans)
  • Loaning back UPEs of private companies to trusts on complying terms post-2009 (Division 7A)
  • UPEs of adult beneficiaries that now must be managed with reference to s 100A ITAA36
  • Partners leaving their entitlement to profit in a partnership; and
  • Using retained profits in a company to pay back loans to the company from family members rather than paying dividends.

This session will also explore in detail the tax issues associated with ensuring compliance with relevant tax rules with particular reference to a range of tax concerns (commercial debt forgiveness, Division 7A and capital losses) when those arrangements are unwound or come to an end including tidying up a balance sheet in advance of a share sale.


John Ioannou, CTA, MacPherson Kelley

28 September 2023
7:30 AM - 9:00 AM
1.50 CPD hours

The CGT small business concessions are complex and the ATO has recently announced that taxpayers claiming the concessions may be subject to additional scrutiny including requiring taxpayers (and their professional advisers) to demonstrate why they are entitled to the concessions. Accordingly, it is timely to review some of the key areas taxpayers need to satisfy to be able to claim the concessions.

The objective of this presentation is to provide participants with the opportunity to explore, in significant depth, the application of the small business CGT concessions to a range of assets and business disposals with complex ownership structures of companies, (including Division 7A issues) trusts and individuals with business and non-business assets with the objective of enhancing your understanding of the application of the rules. This presentation will discuss:

  • Satisfying the basic conditions of the Small Business CGT Concessions
  • Satisfying the additional conditions necessary to satisfy the individual concessions (15-year exemption, CGT retirement, etc)
  • Road testing particular ownership structures to determine whether access to the small business CGT concessions may be available.
  • The benefits of being able to access the concessions can be immense and exempt capital gains of up to $2 million or more per taxpayer.


Tom Delany, CTA, Tax Partner

Tuesday, 28 November 2022
7:30 AM - 9:00 AM
1.50 CPD hours

Many private and family-owned businesses will transition to next generation ownership or be sold in the next few years. Effective succession planning is a complex process that raises many potentially difficult issues, including tax. While the plan may not trigger immediate tax consequences, a well-thought out plan should assist in avoiding any unintended consequences when the plan is implemented. This session will highlight:

  • Change of control – now vs later, and how will the successor obtain control. The availability of tax concessions, impact on pre-CGT assets, availability of tax losses
  • Consideration for the transfer – market value substitution rules, CGT value-shifting, buy-sell agreements, use of insurance to fund a buy-out, funding issues (ie Div7A, debt forgiveness)
  • Restructures to facilitate transfer of assets or operations, including share-buy backs, dividend stripping
  • Other strategies to facilitate the plan, including use of option agreements, lease or licence of business assets.


Michelle Hartman, CTA, PwC



Interested in raising your company's profile?

Contact our partnerships team to find out more about becoming a sponsor.