Year-End Tax Planning Strategies - April 2023 (3 Hours of CPD) 1 Hour CPD

Year-End Tax Planning Strategies - April 2023 (3 Hours of CPD) 1 Hour CPDWith a continuously changing tax environment, it is imperative for tax agents and taxpayers to actively engage in effective tax planning in the lead up to the financial year end. This masterclass series guides you through the key tax planning strategies to consider for business and non business taxpayers for 2023. Topics include: Effective deferral of income Maximising allowable deductions for both business and non business taxpayers Companies and

We will focus on correctly completing the common items in the I Return and Schedules as well as tips and tricks for efficient completion of returns and checking your work

This training will review:

Q&A session included

Trusts have become a viable and widely used vehicle as both an investment and a business vehicle

including specific allowable deductions relevant to property investment

The Div 7A legislative framework

The scope and effect of the general deduction section on work-related expenses

Digital Games Tax Offset Rules Made

GST - Proposed Technical Amendments

Eligibility for use of losses

Analysis of the required documentation and substantiation for salary packaging

Cash basis and accrual basis for reporting GST