Webinar: New ATO Guidance on the Allocation of Professional Firm Profits – PCG 2021/D2
On 1 March 2021, the ATO released new draft guidance PCG 2021/D1 (PCG), which outlines the ATO’s compliance approach to the allocation of professional services firm profits.
The PCG is the long awaited revision to the ATO’s previous guidelines, which were published in 2015 and suspended on 14 December 2017.
The PCG is relevant to professionals of all categories including accountants, lawyers, financial planners, doctors, specialists, engineers and architects.
Elizabeth is a Senior Associate within Coleman Greig’s Taxation Advice team, having joined the firm as part of our 2019 integration with Argyle Lawyers.
Elizabeth has developed a particularly high level of experience and practical knowledge in Taxation, Wills & Estate Planning, Trust Law, Superannuation and SMSF.
With over 6 years’ experience, she has a breadth of knowledge and experience in handling complex taxation issues, which often involve assisting high-net worth clients, business owners, trustees and beneficiaries of trusts.
From assisting SMSFs acquire property using limited recourse borrowing strategies, to large payroll tax audits, to amending trust deeds for NSW Surcharge Purchaser Duty, to complex estate planning matters involving inter vivos and testamentary trusts, no day is the same.
Elizabeth often presents at internal and external seminars and various tax discussion groups around Sydney such as The Tax Institute and Legalwise. She has also written multiple articles for the Australian Shareholder’s Association monthly publication.
Annelise is a Lawyer within Coleman Greig's Taxation Advice team, having joined the firm as part of our 2019 integration with Argyle Lawyers.
Annelise has developed a high level of experience and knowledge in the area of Capital Gains Tax and International tax. She has worked with many clients in the accounting industry and assisted multiple companies in the area of business operations and taxation advice. Having this specific exposure and hands on experience has allowed her to gain valuable insights into how tax matters work from a practical and alternative perspective.
In addition to completing her Bachelor of Business and Bachelor of Laws degrees, Annelise is also a Fellow of The Tax Institute and has a sound understanding of the taxation issues affecting companies today.