This online course is for small and large companies and their advisors to consider year end tax planning strategies and issues.
Description
Small and large companies and their advisors should consider year-end tax planning strategies and issues throughout the year. However, the months leading up to and shortly after 30 June are particularly timely to consider compliance obligations and year-end strategies.
The most important issue to consider is compliance. Apart from general compliance matters, most regimes in the Income Tax Assessment Acts have their own compliance rules. This is also true of the FBT Assessment Act and the GST Act.
Once all compliance issues have been addressed, you can consider the legitimate strategies that are available to reduce or defer income/capital gains or to increase or accelerate deductions.
Key topics:
- Compliance issues
- Deferring your tax liability
- Increasing your deductions
This one hour online course forms part of the FastClass short course suite.
Learning objectives
- Understand and apply the various compliance rules that need to be met at year-end
- Understand and apply legitimate strategies for reducing the year-end tax payable in various scenarios
Audience
This course is for those working in small and large companies, and their advisors, considering tax planning strategies.