TaxBanter Tax Workshop Norwest
Our public tax workshops are designed for smaller practices and sole practitioners, covering a monthly Tax Update and Special Topic.
Our workshops will keep you up-to-date with the latest tax changes, while you earn valuable CPE/CPD hours.
The sessions will consist of a tax update and special topic.
Attendees will be updated on recent tax issues and learn about the practical impact of recent tax changes. You’ll also learn how to apply the changes in a client context and discover how to recognise planning opportunities as a result.
The sessions will also provide a practical and detailed analysis of a topical area of tax law or practice.
| Tuesday, 1 August 2023 | 4:00pm-6:00pm |
| Tuesday, 5 September 2023 | 4:00pm-6:00pm |
| Tuesday, 3 October 2023 | 4:00pm-6:00pm |
| Tuesday, 14 November 2023 | 4:00pm-6:00pm |
| Tuesday, 5 December 2023 | 4:00pm-6:00pm |
Tax Update
Join us each month as we review the current tax landscape. What's changing, and what has been proposed?
You'll learn how to apply these changes in a client context and discover how to recognise planning opportunities as a result.
Tax Updates cover important tax issues such as:
- Income tax, including CGT
- Other taxes such as GST and FBT
- Superannuation
- Tax administration
- State taxes
Tax issues for Professional practices
- Why professional practices are treated differently to other businesses
- The relevance of the personal services income rules
- Profit splitting and profit allocation arrangements acceptable to the ATO
- The employee contractor distinction
- Payroll tax implications for structuring professional practices
Cryptocurrency … in the tax net
- What are cryptocurrency and digital assets
- Applying the ordinary income tax and CGT tax rules to digital asset
- Working out whether your client is an investor, trader or just using the assets for personal use
- Your client’s record keeping obligations in relation to digital assets
- Advising your client about what data is available to the ATO about cryptocurrency to match lodged returns
Stacey goes to London
Your client is heading overseas – this case study-based topic examines the Australian tax implications of:
- A resident taxpayer deriving foreign income which is subject to foreign income tax
- Becoming a non-resident – changes to tax rates and CGT I1
- Selling a CGT asset – calculation of the CGT discount
- Becoming a resident again
- Selling a main residence with both non-resident and non-main residence days
Div 7A – A refresher
- A refresher on the core rules of Div 7A
The tax professional and ethical obligations
With verifiable ethics training a requirement of some professional associations, this topic examines what it means to be a professional and the source of the ethical standards, specifically looking at:
- When an accountant risks compromising the duty of acting honestly and with integrity
- Why a tax agent’s failing to attend to their own taxation affairs is viewed as a breach of professional conduct
- How a tax agent who has always acted for a couple can manage a conflict of interest when dealing with the taxation affairs of one of them after the couple divorces
- Why an accountant cannot act as an auditor of their own SMSF
Meng Lee
Senior Tax Trainer, TaxBanter
Meng has over 18 years of experience in the tax profession. Prior to joining Taxbanter, he was a tax trainer with Chartered Accountants Australia and Webb Martin Training. Meng has provided comprehensive tax training to clients ranging from the Australian Taxation Office, the Big 4, large mid-tier accounting firms and small medium accounting practices.
He was also a regular presenter for Chartered Accountants Australia at their public forums and tax seminars. Meng has also previously worked for CCH Australia where he contributed to well-known tax publications such as the Australian Federal Tax Reporter and the Australian Master Tax Guide. Having worked as a tax manager with a mid-tier accounting firm, Meng not only has considerable technical expertise but a practical understanding and approach to teaching tax courses.
Lynne Gibson
Senior Tax Trainer, TaxBanter
Lynne had over 25 years’ experience in public practice in Chartered Accounting firms before joining the tax training industry. Advising a diverse range of clients in most industries means she has the ideal experience and expertise that allows her to provide relevant and practical examples in her interesting presentations.
She has managed clients’ affairs, delivered tax advice and been responsible for staff development and training as a partner in a Sydney CBD Chartered Accounting practice. Before becoming a partner Lynne worked to a senior level in a number of public accounting practices including a Big 4 CA practice, advising in taxation, audit and accounting matters to a diverse range of clients including many family groups and corporate clients covering many industries. Lynne also has professional affiliations at a senior level.
workshop
TaxBanter Tax Workshop Norwest