Anti-avoidance Capital Gains Tax (CGT) Deductions

Hiring, rewarding, motivating and retaining artisans

Source: Victoria

Published Date: 23 May 2013

 

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Hiring, rewarding, motivating and retaining artisans, indeed, while ensuring that you are an employer of choice, is quite a task. It is all the more difficult when you are in start-up mode and cash-strapped, as this necessarily limits your choices. Then, there is the bewildering array of state and federal tax legislation to comply with. Some of the issues this paper addresses includes:

  • is your artisan an employee or a contractor? This will have implications for, at the very least,income tax, FBT, SGC, payroll tax and workers compensation
  • sign-on fees, golden hellos/restrictive covenants and restraints
  • what sort of fringe benefit should I provide to be an employer of choice?
  • can we income split?
  • providing equity generally and employee share schemes in particular
  • how to use phantom share schemes – profits versus capital growth/golden handcuff.

Individual Session

Hiring,rewarding, motivating and retaining artisans

Author(s): Paul Hockridge CTA

Details

  • Published By: Paul Hockridge CTA
  • Published On:23 May 2013
  • Took place at:The Henry Jones Art Hotel, Hobart

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Anti-avoidance Capital Gains Tax (CGT) Deductions Employee share schemes FBT 2013

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