Summer School | Income Tax, Super & FBT

Tax & Super Learning Outcomes:
Post-Budget tax & superannuation update  

• Latest legislation  
• Latest cases  
• Latest rulings and announcements  
• Analysis of the government’s tax policy post 2020 Federal budget  

Companies & loss carry-back 

• Calculate the tax losses of a company under Division 36 
• Determine the amount of tax loss carry-back for a company with 30% tax rates 
• Determine the amount of tax loss carry-back for a company that is a base rate entity 
• Explain the interaction of the loss carry-back rules with dividend planning 

Revisiting small business restructure rollovers 

• Describe the operation of the small business restructure roll-over relief 
• Identify the eligibility conditions of the small business restructure roll-over relief 
• Describe the operation of the roll-over relief 
• Determine whether the roll-over relief should be applied 

Contemporary issues for practitioners 

• Discuss discretionary trust distribution issues  
• Explain the issues with respect to deregistered companies 
• Outline tax issues with respect to the government stimulus measures  

Fringe Benefits Tax Learning Outcomes:
FBT & COVID-19 

• State the ATO FBT concessions for employers during COVID-19 
• Appreciate the application of ATO concessions to employer vehicles parked at an employees premises
• State the key rules for the ATO FBT concessions in respect of employees working from home
• Appreciate the interaction of the FBT rules, the ODR and the 80 cents/hour shortcut rate in PCG 2020/3 

General FBT issues 

• State the rules relating to car fringe benefits and apply such to a modern development 
• State the rules relating to car parking fringe benefits and apply such to a modern development
• Apply the different FBT rules to entertainment expenditure situations 
• State the rules relating to expense payment fringe benefits in the context of employee self-education expenditure 

James McPhedran, Senior Tax & Superannuation Trainer, Chartered Accountants Australia and New Zealand
James has 18 years’ experience in the industry, including roles at the Big Four accounting firms and advisory roles at mid-tier firms. He has been an educator with Chartered Accountants ANZ for 9 years.

His advanced knowledge of taxation and superannuation has allowed him to focus on small to medium enterprises and high net worth individuals. James holds a bachelor’s degree in law and economics from the University of Queensland and a Masters of Taxation from the University of Sydney.

Bruce Thomas, Senior Tax and Superannuation Trainer, Chartered Accountants Australia and New Zealand
Bruce has written and presented training on a wide range of topics, including the tax aspects of real estate transactions, fringe benefits tax (FBT) and salary packaging. Bruce was previously a tax manager with William Buck Chartered Accountants where he advised clients on the application of the goods and services tax, FBT and other government charges. He worked for the Australian Taxation Office for 17 years, including as a senior officer dealing with technical issues involving the GST.

Tristan Webb, Senior Tax Trainer, Chartered Accountants Australia and New Zealand
Tristan has more than 25 years’ tax experience in organisations such as the Australian Taxation Office, PwC, CCH and HLB Mann Judd. He was the national tax director at Crowe Horwath immediately before joining Chartered Accountants ANZ. His role required a good working knowledge of tax and risk issues for mid-tier accounting firms operating in the small to medium enterprise (SME) sector. Tristan’s expertise is in company and trust taxation for SMEs and high net worth clients.

Price:
2 Day Program | Tax, Super and FBT

• Member: $698
• Non member: $837

Discounts:

• Group: A group registration of 3 or more people will receive a 15% discount
• Regional Discount: Members working 125km from the event venue are eligible for a Regional Discount. Please contact lifelonglearning@charteredaccountantsanz.com.