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Recorded Webinars
Recorded Webinar: The Executor's Obligations and Liability: This Time It's Personal
The work required of an executor of a deceased estate is continually increasing in line with the increased complexities of our tax system. It is important that the executor and their advisers are aware of the tax obligations, including PCG 2018/4, to limit their risk of exposure t
PRESENTED BY
Edward Skilton
Special Counsel, Sladen
Date/Time
About the Webinar
The work required of an executor of a deceased estate is continually increasing in line with the increased complexities of our tax system. It is important that the executor and their advisers are aware of the tax obligations, including PCG 2018/4, to limit their risk of exposure to liability. This session will help you understand your obligations, including:
- The tax liabilities an executor is responsible for
- What if the ATO issues an amended assessment and the estate has been wound up?
- What does the ATO consider to be a smaller and less complex estate with concessional treatment regarding executor liability?
- Action to take if the executor uncovers assets of the deceased that may have derived unreported income to the ATO
- How far do obligations go back for income tax returns not lodged by the deceased?
- Commissioner’s power to recover under TAA 1953 Schedule 1 Subdiv. 260-E
- Accessing relevant information from the ATO including the deceased estate data package
Presented By
Edward Skilton
Special Counsel, SladenWho Should Attend?
This webinar is suitable for lawyers and accountants throughout Australia who advise in estate planning matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Accountants can claim 1 CPD/Training hour. Lawyers can claim 1 CPD unit/point – substantive law . WA lawyers – From 1/4/2021, due to changes to your CPD requirements we are unable to verify your completion of recorded webinars to the Legal Practice Board of WA.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]