This document summarizes information about small business capital gains tax exemptions and how they can interact with superannuation contributions. It outlines the basic conditions for CGT exemptions, such as owning an active asset for over 15 years. It discusses different exemption types, like the 50% active asset reduction and retirement exemption. It provides an example comparing selling business shares versus the business. The document concludes that planning in advance can help business owners maximize tax exemptions and contribute proceeds to super to benefit in retirement.
Sav rbc presentation- tax on split income and passive income rules v4 fdissavassociates1
SAV Associates is a Toronto based Chartered Accountant firm serving the needs of Small Business Owners & Entrepreneurs in Toronto, North York and GTA (Greater Toronto Area). Tailor-made Services to Entrepreneurs and small businesses. Remaining on the cutting edge of tax law, financial trends and regulatory changes.
Self-Managed Superannuation - what is involved in owning your own business premises in superannuation, what are your options, how to borrow, how to transfer your commercial property into superannuation
Indian companies are taxable in India on their worldwide income, irrespective of its source and origin. Get more details at http://www.helpwithassignment.com/
EIS & SEIS Relief Workshop - Plus Accounting, Chartered AccountantsVictoria King
Plus Accounting held a Workshop at Myhotel in Brighton in March 2014 about the EIS and SEIS Reliefs.
Find out here how they could benefit you and your business.
Entreprenurial Relief In Terms of MVL - With Debt Specialists TC Debt SolutionsVillamill Digital
An MVL is usually the quickest and safest way to end a company. However, you need to consider an application for HMRC non-statutory clearance to manage the risk.
Cash balances should not affect the availability of ER, but it is now necessary to hold shares for two years to get ER.
Use a firm well versed in dealing with the legal and tax consequences of liquidation i.e. Thomson Cooper.
Thomson Cooper has a specialist debt division who manage debt solutions for clients. These include debt arrangement schemes, trust deeds, credit card debt consolidation and full & final settlements.
Sav rbc presentation- tax on split income and passive income rules v4 fdissavassociates1
SAV Associates is a Toronto based Chartered Accountant firm serving the needs of Small Business Owners & Entrepreneurs in Toronto, North York and GTA (Greater Toronto Area). Tailor-made Services to Entrepreneurs and small businesses. Remaining on the cutting edge of tax law, financial trends and regulatory changes.
Self-Managed Superannuation - what is involved in owning your own business premises in superannuation, what are your options, how to borrow, how to transfer your commercial property into superannuation
Indian companies are taxable in India on their worldwide income, irrespective of its source and origin. Get more details at http://www.helpwithassignment.com/
EIS & SEIS Relief Workshop - Plus Accounting, Chartered AccountantsVictoria King
Plus Accounting held a Workshop at Myhotel in Brighton in March 2014 about the EIS and SEIS Reliefs.
Find out here how they could benefit you and your business.
Entreprenurial Relief In Terms of MVL - With Debt Specialists TC Debt SolutionsVillamill Digital
An MVL is usually the quickest and safest way to end a company. However, you need to consider an application for HMRC non-statutory clearance to manage the risk.
Cash balances should not affect the availability of ER, but it is now necessary to hold shares for two years to get ER.
Use a firm well versed in dealing with the legal and tax consequences of liquidation i.e. Thomson Cooper.
Thomson Cooper has a specialist debt division who manage debt solutions for clients. These include debt arrangement schemes, trust deeds, credit card debt consolidation and full & final settlements.
First of our 4 part series on using Self Managed Superannuation Funds as part of your Wealth and Retirement Planning.
this is the introduction to SMSF and why and how to use them as well as the respobsibilities and some tips and traps to avoidT
In this seminar Gannons draw on their past experience of successful sales and take you through how an ‘exit’ business sale can be structured and what you need to be thinking about how to maximise your return.
If you are in business with others (whether a limited company, an LLP or a partnership), the likelihood is that sooner or later one or more is going to want to leave. If everything is agreed and amicable, then there will be no problem. But how can you be sure in advance this is what will happen? There is the potential for serious disagreements in a business break-up and these can and frequently do destroy the business entirely.
The seminar and slides look at what you can do in advance to protect yourselves and the business against a difficult break-up. Usually this will involve setting up a shareholders’ agreement, an LLP members’ agreement or a partnership agreement. We review the main requirements to cover and how this can save a fortune in legal costs – and save the business.
We will also look at remedies that are available if a break-up happens, including rights of shareholders, members and partners, and the legal remedies that can be used, and when these can be excluded by an agreement.
The number of stocks available to shareholders, (share capital), generates a number of associated legal issues. Gannons talk about the current issues and trends in share capital. They tackle key concerns such as pre-emption rights; share buy-backs, as well as the requirements linked to altering share capital.
Choosing a retirement plan for your business 2013giannem1
Discusses various types of retirement plans you may wish to consider for your business. There are a variety of retirement plans available for small businesses, each with their own nuances.
Contact me to discuss which one makes sense for your business.
Year End Tax Strategies for Business Owners and Real Estate InvestorsDavid Campbell
Year End Tax Strategies for Business Owners and Real Estate Investors
In this 60 minute FREE video http://www.hasslefreecashflowinvesting.com/video/year-end-tax-strategies-for-business-owners-and-real-estate-investors/ ($39 VALUE) with professional investor David Campbell, tax strategist Amanda Han, CPA, and self-directed IRA expert Kaaren Hall, you’ll learn:
* Top 5 Year-End Tax Strategies to save you taxes for 2012 and beyond
* Strategies to pay yourself rather than the IRS
* How you can make all your own choices about your retirement investing and not rely on the stock market
* How IRA investing is different than investing with personal cash
* How to buy profitable real estate inside your IRA even when you are starting with a small balance
* Strategies for investing in real estate OUTSIDE your IRA when all of your cash is locked up INSIDE your IRA
This seminar examines the thinking behind SEIS and EIS, two tax attractive schemes available to UK companies seeking investment. It also examines the qualifying factors on whether a company will be able to seek the relief, whether the individual investor acquiring the shares is a qualifying investor and a summary of the hurdles and tripwires to avoid.
Sponsored by our partners at Taxwise and Ashfords, this event consists of a variety of topics that our clients are telling us are giving them the biggest challenges.
This seminar helps entrepreneurs, SMEs and owner managed businesses with accounting, taxation and legal tripwires that should be considered when raising finance to grow a business.
What is Seed EIS?
Seed Enterprise Investment Scheme (SEIS) is the most
generous, tax-advantaged venture capital scheme ever
introduced that offers investors enhanced income tax
and Capital Gains Tax (CGT) reliefs.
Higher rate tax payers and profitable business owners now have a low hurdle threshold to recover up to £50,000 income tax annually.
The 2014 Budget has made this a permanent feature of UK tax savings schemes and this Guide highlights the main conditions that need to be satisfied, but the conditions are complex and you should take professional advice before making an investment.
Discover how to keep and motivate your most valuable assets, your employees, using Enterprise Management Incentive (EMI) options.
EMI options are versatile, tax efficient and incentivise employees to stay and develop your business.
You've spent long hours building your technology business. Now you want to inspire and retain the people who execute your strategies.
EMI options are effective, inexpensive, and appreciated by your team.
netwealth educational webinar - Better client outcomes and conversations thro...netwealthInvest
During a netwealth educational webinar on August 11 2016, Rainmaker Group's Director of Research and Compliance, Alex Dunnin shared key findings from their latest research on managed accounts and what it means for financial advisers.
netwealth educational webinar - The importance of a strong brand for your adv...netwealthInvest
The concept of a 'brand' can be described as the relationship between your business, its staff, and its customers, and the culture that they all share.
You might not consider yourself a 'marketer' or a 'brand strategist', but that doesn't mean you should ignore the importance of your business' brand.
During this session Neale Cotton from The Lab will explain why this concept is so important for your advice business.
The team at The Lab help businesses to identify their brand cultures, and to unlock opportunities for growth with inspiring strategies that engage consumers and create cultural meaning.
Don't miss out on this opportunity to discover your brand's potential.
First of our 4 part series on using Self Managed Superannuation Funds as part of your Wealth and Retirement Planning.
this is the introduction to SMSF and why and how to use them as well as the respobsibilities and some tips and traps to avoidT
In this seminar Gannons draw on their past experience of successful sales and take you through how an ‘exit’ business sale can be structured and what you need to be thinking about how to maximise your return.
If you are in business with others (whether a limited company, an LLP or a partnership), the likelihood is that sooner or later one or more is going to want to leave. If everything is agreed and amicable, then there will be no problem. But how can you be sure in advance this is what will happen? There is the potential for serious disagreements in a business break-up and these can and frequently do destroy the business entirely.
The seminar and slides look at what you can do in advance to protect yourselves and the business against a difficult break-up. Usually this will involve setting up a shareholders’ agreement, an LLP members’ agreement or a partnership agreement. We review the main requirements to cover and how this can save a fortune in legal costs – and save the business.
We will also look at remedies that are available if a break-up happens, including rights of shareholders, members and partners, and the legal remedies that can be used, and when these can be excluded by an agreement.
The number of stocks available to shareholders, (share capital), generates a number of associated legal issues. Gannons talk about the current issues and trends in share capital. They tackle key concerns such as pre-emption rights; share buy-backs, as well as the requirements linked to altering share capital.
Choosing a retirement plan for your business 2013giannem1
Discusses various types of retirement plans you may wish to consider for your business. There are a variety of retirement plans available for small businesses, each with their own nuances.
Contact me to discuss which one makes sense for your business.
Year End Tax Strategies for Business Owners and Real Estate InvestorsDavid Campbell
Year End Tax Strategies for Business Owners and Real Estate Investors
In this 60 minute FREE video http://www.hasslefreecashflowinvesting.com/video/year-end-tax-strategies-for-business-owners-and-real-estate-investors/ ($39 VALUE) with professional investor David Campbell, tax strategist Amanda Han, CPA, and self-directed IRA expert Kaaren Hall, you’ll learn:
* Top 5 Year-End Tax Strategies to save you taxes for 2012 and beyond
* Strategies to pay yourself rather than the IRS
* How you can make all your own choices about your retirement investing and not rely on the stock market
* How IRA investing is different than investing with personal cash
* How to buy profitable real estate inside your IRA even when you are starting with a small balance
* Strategies for investing in real estate OUTSIDE your IRA when all of your cash is locked up INSIDE your IRA
This seminar examines the thinking behind SEIS and EIS, two tax attractive schemes available to UK companies seeking investment. It also examines the qualifying factors on whether a company will be able to seek the relief, whether the individual investor acquiring the shares is a qualifying investor and a summary of the hurdles and tripwires to avoid.
Sponsored by our partners at Taxwise and Ashfords, this event consists of a variety of topics that our clients are telling us are giving them the biggest challenges.
This seminar helps entrepreneurs, SMEs and owner managed businesses with accounting, taxation and legal tripwires that should be considered when raising finance to grow a business.
What is Seed EIS?
Seed Enterprise Investment Scheme (SEIS) is the most
generous, tax-advantaged venture capital scheme ever
introduced that offers investors enhanced income tax
and Capital Gains Tax (CGT) reliefs.
Higher rate tax payers and profitable business owners now have a low hurdle threshold to recover up to £50,000 income tax annually.
The 2014 Budget has made this a permanent feature of UK tax savings schemes and this Guide highlights the main conditions that need to be satisfied, but the conditions are complex and you should take professional advice before making an investment.
Discover how to keep and motivate your most valuable assets, your employees, using Enterprise Management Incentive (EMI) options.
EMI options are versatile, tax efficient and incentivise employees to stay and develop your business.
You've spent long hours building your technology business. Now you want to inspire and retain the people who execute your strategies.
EMI options are effective, inexpensive, and appreciated by your team.
netwealth educational webinar - Better client outcomes and conversations thro...netwealthInvest
During a netwealth educational webinar on August 11 2016, Rainmaker Group's Director of Research and Compliance, Alex Dunnin shared key findings from their latest research on managed accounts and what it means for financial advisers.
netwealth educational webinar - The importance of a strong brand for your adv...netwealthInvest
The concept of a 'brand' can be described as the relationship between your business, its staff, and its customers, and the culture that they all share.
You might not consider yourself a 'marketer' or a 'brand strategist', but that doesn't mean you should ignore the importance of your business' brand.
During this session Neale Cotton from The Lab will explain why this concept is so important for your advice business.
The team at The Lab help businesses to identify their brand cultures, and to unlock opportunities for growth with inspiring strategies that engage consumers and create cultural meaning.
Don't miss out on this opportunity to discover your brand's potential.
Why do people make irrational investment decisions? How to make sure you don't.netwealthInvest
Part of Netwealth's portfolio construction webinar series - Chris Inifer from Allan Gray presented to an audience on 12th July 2016 on how a contrarian investment approach may help protect against poor human decision making that are often driven by emotion and biases.
Netwealth educational webinar - The 5 deadly sins of SMSFsnetwealthInvest
During a netwealth educational webinar on Oct 25 2016, Netwealth's Head of Technical Services, Keat Chew shares his thoughts on the 5 deadly sins of SMSFs and how they can be avoided.
Netwealth educational webinar - It’s not all about FANGA: Why advisers need t...netwealthInvest
During a netwealth educational webinar on Nov 17 2016, Theo Maas from Arnhem Investment Management shared his thoughts on a couple of interesting global growth industries and companies worth investing in, and highlighted two growth industries in their portfolios: ‘Automotive’ and ‘Augmented Reality’.
For many business owners, the major source of retirement funding is the sale of their business or assets owned by the business. Fortunately, there are a number of capital gains tax (CGT) concessions available to small business that reduce or even eliminate the capital gain on the disposal of certain assets. It is important to understand the concessions available and the eligibility requirements to ensure entitlements are maximised.
Tax Life Cycle of a Medical Professional - Part 2Brett Beaver
A presentation for medical professionals to discover how to make the most of their finances throughout their career.
For more information, visit www.goodingpartners.com.au
Canadian Tax Insights: How High Net Worth Investors Should Navigate Today’s T...Nicola Wealth
In this webinar, Nicola Wealth CEO, John Nicola will address timely taxation topics to help you understand the developments in Canadian tax policy in relation to the taxation of homes, wealth, capital gains, and marginal tax rates. John will further prepare you to navigate the current tax environment by reviewing several tax planning options available to you and how these strategies integrate with overall portfolio design.
Nicola Wealth Management - Proposed Tax Reform 2017: What Accountants Need to...Nicola Wealth Management
On September 28th, Nicola Wealth Management hosted over 120 accountants for a presentation on the Canadian government's proposed tax changes for incorporated individuals and small businesses.
Slides from a workshop presented on December 14, 2015 in San Francisco, California by MYeCFO. Covers some of the key tax issues faced by start-up executives and professionals, including maximizing deductions, setting up the right business structure, and dealing with equity based compensation (e.g. ISOs, NSOs, RSUs, Concentrated Positions).
The Finance Act 2015 - How does it affect your clients? By CBW TaxRobert Maas
How will the many significant changes in the Finance Act 2015 affect your clients?
Let us share with you our thoughts on all of the main changes in the Finance Act.
University at Buffalo Webinar - DIY Wealth Book with Ripsaw Wealth ToolsStanleyKon
Stanley J. Kon, PhD explores concepts of his new book, Do-It-Yourself Wealth Management: Take Control of Your Financial Life!, using Ripsaw Wealth Tools. (RipsawWealth.com) We are all our own wealth managers, regardless of who you pay for advice and trade execution. Given the potential conflicts of interest, managerial risk and excessive fees, it is not difficult to do better for yourself than what most professionals can do for you. Even if you choose to pay a professional, it is still your responsibility to monitor them concerning suitable strategies and performance net of fees. Investment portfolios have a lot of moving parts with multiple risk dimensions. In this presentation, I will take you through a disciplined investment process for wealth portfolio construction, monitoring and revision involving many accounts and many investments with overlapping risk dimensions.
Retirement income strategies during volatile and uncertain marketsnetwealthInvest
Michael Elsworth, Executive Director at Lonsec, joins us to discuss retirement income strategies during volatile markets, including his investment philosophy, the benefits and risks of different retiree income strategies and the advantages of combining income streams during times of uncertainty.
What does the coronavirus stimulus package mean for you and your clientsnetwealthInvest
Keat Chew, Netwealth Head of Technical Services, examines the Federal Government's stimulus package to simplify what matters most for you and your clients.
How clients are reacting to uncertainty and how best to deal with itnetwealthInvest
Drawing on CoreData's just completed research Andrew Inwood shares insights into how Australian investors are reacting to the coronavirus uncertainty and how advisers can best support clients in this environment.
2020, the latest developments in Environment, Social and Governance investingnetwealthInvest
In this presentation, we discuss current ESG themes, including regulatory changes and key environmental, social and governance factors that investors need to understand in 2020.
2020 Netwealth Roadshow - Next super steps with Keat Chew, Netwealth Head of ...netwealthInvest
With more than three decades of super asset growth behind us, Netwealth's Head of Technical Services, Keat Chew, presented four strategies that can be used to elevate superannuation advice in 2020 and beyond.
2020 Netwealth Roadshow - Evolving your service offering for high net worth c...netwealthInvest
At the 2020 Netwealth roadshow, we also presented our newest research paper: How to attract and retain high net worth clients.
With Australia now boasting around 266,000 high net worth individuals with highly complex financial profiles and a combined $2 trillion in investable assets (1) and only 39% having receive financial advice (2), there is considerable opportunity for you to serve this segment.
(1/2) Capgemini, World Wealth Report 2019. https://www.capgemini.com/news/world-wealth-report-2019/
Adapting to change: How to future-ready your practicenetwealthInvest
To help you adapt and benefit from future trends, Jason Andriessen, managing director of Coredata, explores what you should be doing to position your business for growth and success.
Roger Montgomery, founder and chief investment officer at Montgomery Investment Management shares his key market insights and opportunities for equity investors in 2020.
1. Has the Australian equity market already been priced in a lower for longer environment
2. What are the risks for equity investors in 2020?
3. The advantages of a flexible investment strategy across sector, size and equity/cash
Practical steps to building an estate planning offeringnetwealthInvest
If you're looking to grow your business and strengthen client relationships then you may wish to consider the role estate planning has on your value proposition.
In this presentation Brandon Thompson, CEO of Yodal, will demonstrate the practical benefits of an estate planning offering and outline why advisers are well placed to capitalise on this commercial opportunity.
Learn from David Smorgon OAM, CEO of Pointmade, as he guides you through the process of transitioning a family-owned business, sharing his experiences from Smorgon Consolidated Industries, one of Australia’s largest family businesses.
The rise of Global Listed Infrastructure and why now?netwealthInvest
Globally, billions of people rely on infrastructure to live their lives, from the toll roads they drive on, the electricity that powers their homes and the water they drink.
Global investment in infrastructure is increasing, with $70 trillion expected to be invested by 2035, making this an asset class too large to ignore.
In this webinar, Gavin Peacock, Senior Research Analyst at CBRE Clarion Securities, will share his insights on global infrastructure as an asset class within portfolios, and its unique features.
Create a strategic roadmap for 2020 and beyondnetwealthInvest
Learn from Brad Fox, Managing Director at SmartBrave Consulting, as he guides you through the process of creating an effective strategic roadmap to not just future-proof your business, but a strategy to thrive in 2020 and beyond.
Why emerging markets are too important to ignorenetwealthInvest
Learn how the emerging middle class may impact infrastructure for decades to come and what investment opportunities this may result in from Sarah Shaw, Global Portfolio Manager and CIO at 4D Infrastructure
Discover how to unlock the most powerful tool in your saleskit - "stories" with Eleece Quilliam, National Manager of Invesco Consulting Australia.
Learn from Eleece how highly-effective advisers use 'StorySelling' to help them establish stronger personal connections and convert more prospects.
Build a resilient portfolio for all stages of the economic cyclenetwealthInvest
Learn strategies in building your portfolio for any economic condition from John Owen, Portfolio Specialist at MLC Investment Management, as he reviews current market and economic circumstances and provides investment portfolio solutions that are appropriate for a world that will continue to evolve in unpredictable ways.
The likely impacts of AI on your business and financial advicenetwealthInvest
With so much industry speculation, it can be difficult to determine if Artificial Intelligence (AI) will result in the end of financial advice as we know it or unlock a new universe of possibilities for advisers.
In this webinar Joel Robbie, co-founder and CEO of Nod, will help you understand the true and likely impact of this technology on your business and provide you with practical tips to navigate and capitalise on any change.
Marketing strategies to communicate your value effectivelynetwealthInvest
Learn marketing strategies to help you communicate and demonstrate your value effectively so clients understand why they shouldn't live with out you, with Kim Payne - founder of 9rok Consulting.
Explore what changes your business may need to make to better attract, retain and advise the Gen X&Y market with Steve Crawford, CEO of Experience Wealth – a business that deals exclusively with Gen X&Y clients.
Identify small cap stocks that will last the distancenetwealthInvest
Australian small cap stocks can be a popular investment due to their higher growth potential over large cap stocks. If you’d like to gain exposure to small cap stocks, this webinar by Aberdeen can teach you how to identify high-quality businesses that can last the distance.
Australian investor trends every financial adviser should knownetwealthInvest
Discover how 1,000 Australian investors are managing their portfolios and their views on investment advice, emerging investment themes such as ESG, and the effect of technology on investing, from Andy Sowerby, Managing Director of Legg Mason Australia and New Zealand.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
2015 small business CGT and superannuation strategies webinar
1. Presented by Keat Chew
Head of Technical Services
netwealth Educational
Series
Small business CGT &
Super
What you cannot afford to ignore
about this complex area
2. Outline
• Selling a small business
• Small business CGT exemption conditions
• Types of exemptions and conditions
• Interaction with super and CGT cap
• Business planning ahead
3. Your business, your super
• Cashflows tied up in their business
• Requires planning to maximise sale & cashflows
• Tax considerations
• Planning exit (& retirement & estate planning)
• Small business CGT changes have improved
access to exemptions
• Business to super- want to make sure not too late
• Make sure use up NCC, CC - importantly CGT
cap
4. Business structures
• Individual business easiest to deal with
• Structures can cause repatriation problems:
• Extra level to deal with
• More conditions - whether satisfy requirements
• Accessing cashflows without tax implications
• Selling shares in company (provided meet 80% test)
generally better than company selling business
5. Selling shares vs. business
• Jim aged 59 owns all shares in ABC Pty Ltd, established
8 years ago
• Business to be sold for $2m (all gain), conditions for
exemption met
• Company sells business
• $1m exempt under small business 50% active asset discount**
• Another $500k CGT retirement exemption to super
• Balance $500k taxable gain to company
** problem with repatriating proceeds effectively
• Jim sells company shares
• $1m exempt under general individual 50% discount
• Another $500k exempt under small business 50% discount
• Last $500k exempt under CGT retirement exemption
6. Small business CGT concessions
• 15 year exemption**
• 50% active asset reduction
• Retirement exemption**
• Small business roll-over
* 50% discount still available for individuals
** concessions that can extend super contribution
*** to access exemption, must meet basic conditions and specific
concession conditions
7. Small business CGT concessions - basic
conditions
• CGT event resulted in a gain
• Asset must be active asset
• Small business entity or satisfy maximum net
asset value test
• If CGT asset is a share in a company or interest
in a trust:
• and if individual claiming, must be CGT concession stakeholder
or
• if CGT share/interest held by a company/trust, CGT concession
stakeholders in the holding trust together have a small business
participation >= 90% (only interposed entity) in the
shares/interests in the company/trust making the capital gain
8. Active asset
• Owned by entity and used in the course of carrying on a
business
• By entity, connected entity, spouse, child or affiliate
• Intangibles connected with business e.g. goodwill
• No longer need to be active just before CGT event
• Needs to be active for lesser of 7.5yrs or half period of
ownership
• Shares in company/interest in trust - active asset?
• Look through, mv of active assets represent > 80% all assets
(for at least half of ownership period for shares/interest)
• Cash & financial instruments active if inherently connected with
business
• If passed 80% before, unless significant change,
can still treat as active
9. Maximum net asset value
• Maximum net asset value (market value) < $6m
• CGT assets of yours, connected (controlled)
entities and business affiliates (spouse and child)
• Net asset value: MV-liabilities/provisions
• Main asset exclusions:
• Home (unless income producing)
• Superannuation assets
• Personal used assets
10. Small business entity (SBE)
• If >$6m net assets, look at turnover
• Aggregated turnover (connected entities)<$2m
• Will need to work with accountant to confirm SBE
status
• Previous year T/O <$2m, then SBE for current year
• Estimate current year <$2m, only possible if one of two
previous years <$2m
• Actual current year <$2m
11. CGT concession stakeholder
• Only relevant if disposed asset is a share in company or
interest in trust
• To be a CGT concession stakeholder:
• Must be significant individual (SI) or
• Spouse of SI with small business participation %
• To be SI must have participation percentage of >= 20%
• 20% can be direct and indirect
• Company - % voting/dividend/capital entitlement
• Trust
• Where entitled, % of entitlement
• Where discretionary, % distribution of income and capital during
the year - if no dist, no SI
12. Example 1 – significant individual
Trading Company
Family Trust
90% owned by trust
Mr Jones
Direct: 10%
Indirect:9%
Total: 19%
Not Significant Individual
(but is CGT CS)
Mrs Jones
Direct: 0%
Indirect: 72%
Total: 72%
Significant individual
(CGT CS)
10% distribution
10% distribution
80% distribution
(spouse)
10% owned
Mr Smith
Direct: 0%
Indirect: 9.0%
Total: 9.0%
Not significant
individual
13. 15 year exemption
• Must satisfy basic conditions
• Individual, continuously own asset for 15 years and retiring
after age 55 or permanently incapacitated at time CGT event
• Individual, own shares/interest in trust for 15 years, there
must be a SI during the period (not necessary same SI) and
retiring as above
• Company, own asset for 15 years, must have SI for that
period of time
• Entities must pay individual within 2 years of CGT event,
payment (participation %) will be tax free
• Gain fully exempt
• Capital losses (current year or prior) not affected
14. 50% active asset reduction
• Must satisfy basic conditions
• Can elect not to have the 50% active asset reduction
• More gain absorbed by retirement exemption
• E.g. individual sells business $1m (all gain)
Scenario 1 - no election, $500k tax free individual 50% discount
• $250k tax free under 50% active asset reduction
• $250k remaining tax free and ‘rollover’ to super: retirement
exemption
Scenario 2 - election for active asset reduction not to apply
• $500k tax free individual 50% discount
• $500k remaining tax free and ‘rollover’ to super: retirement
exemption
15. Retirement exemption
• Must satisfy basic conditions
• Lifetime limit of $500,000 (2 stakeholders e.g. husband &
wife- $1m!)
• < age 55 need to pay into super, relevant time is when
choice (in writing) is made i.e. tax return time
• If = or > age 55, choice of cash or contribution
• No need to receive actual proceeds, can be gifted (e.g.
farmer) and MV substitution rule applies
• If company or trust:
• No need for actual termination of employment- deemed payment
• Company/trust must make a payment of the amount to at least one
of its concession stakeholder
16. Small business roll-over
• Must satisfy basic conditions
• Can now choose to roll over all or part of gain
• Reduces cost base of new asset by the gain
• Replacement asset can be newly acquired asset
or improvements to assets owned
• Can choose to roll-over gain before acquiring
new asset
17. Estate planning & CGT exemption
• LPR or beneficiary can access exemption:
• Deceased able to meet conditions before death
• Disposal of asset within 2 years of death
• ATO can possibly extend
• Retirement exemption, no need to pay to super
• Even if beneficiaries < 55
• 15 year exemption, no need to satisfy
• Retirement after age 55
18. What can be contributed - CGT cap
• Not all small business CGT exemption proceeds
can be contributed, look out for:
• $500,000 small business CGT retirement
• Capital proceeds from 15 year exemption
• Qualify for 15 year exemption but:
• No gain no loss situation
• Pre CGT asset
• Disposed <15 years because of permanent incapacity
19. Small business CGT cap
• CGT exempt amount
• Forms tax free component, for lump sums and income
streams
• No contribution tax
• CGT cap
• Your CGT cap (or reduced) is indexed annually
• Lifetime limit of $1,315m (2013/14), $1.355m (2014/15)
• Must notify provider before or when contribution is
made, approved ATO form (CGT caps election form)
• CGT cap is reduced by amount of previously elected
contribution
20. Contribution conditions
• CGT exempt amounts are considered
contributions not rollovers
• Work test requirements-APRA Circular 1.A.1
• Business owners will have to satisfy work test if
over age 65….so don’t leave it too late
21. Conclusions
• Baby boomers selling out businesses
• Proceeds need to be reinvested
• Maximise after tax amount on selling through
exemptions
• CGT exemption rules will also help to get
proceeds into Super
• Planning in advance will help the process
• Knowing these complex rules will help minimise
tax and maximise amount to super
• Their business, their super
22. About netwealth
netwealth Investments Limited (netwealth) is an independent, unlisted public company
that entered the market in 2002 to provide a wide range of financial products to Australian
investors and the financial planning industry.
netwealth is a member of the Heine Brothers Group, a privately owned organisation that
originated in Europe in 1865. The group has a long history in international trade and
finance. In 1945 Australian operations commenced and the Heine Brothers Group
became a major trading house dealing in commodities and bulk raw materials throughout
the world. The group expanded its activities from international trade into finance, property
development and investment.
In 1982 Heine entered the Funds Management industry managing a broad range of
investment products including listed and unlisted property, superannuation and unit
trusts. Heine Management Limited, an ASX listed company, was acquired by ING in
October 1999 for more than $110 million. Funds under management at that time
exceeded $2.75b.
netwealth continues the Heine tradition as a strong, innovative, and profitable financial
services organisation focused on building strong relationships with investors and
investment professionals.
23. Disclaimer – For Financial Adviser use
only
This adviser communication has been prepared and issued by netwealth Investments
Limited (netwealth), ABN 85 090 569 109, AFS Licence No. 230975 and Financial
Planning Services Australia Pty Ltd (FPSA), ABN 55 010 521 810, AFS Licence No.
225982. This communication is intended for financial adviser use only. It contains factual
information and general financial product advice only and has been prepared without
taking into account your or your client’s individual objectives, financial situation and
needs. The information in this newsletter is not intended to be a substitute for
professional financial product advice and you and your clients should determine its
appropriateness having regard to your or your client’s particular circumstances. The
relevant disclosure document should be obtained before deciding whether to acquire,
dispose of, or to continue to hold, an investment in a netwealth product.
While all care has been taken in the preparation of this document (using sources believed
to be reliable and accurate), no person, including netwealth, FPSA or any other member
of the netwealth group of companies, accepts responsibility for any loss suffered by any
person arising from reliance on this information.