Product Description
This course is targeted at accountants in their first two years of practice and others wanting to brush up on their understanding of the principles underlying New Zealand’s income tax regime.
Recorded in 2021/2022 and updated in 2023. More than 20 CPD hours for just $750 ex gst!
In these tough economic times of managing precious resources and reducing costs, it’s great to know that TEO Training has your back.
Our Tax Basics for Newbies webinar series was targeted at new entrants to the Accountancy industry and very popular with attendees. It has now been recycled and re-priced to make it an affordable option.
Recorded over 2021 and 2022, the core material has been updated and repackaged, and now includes a July 2023 update regarding the new interest limitation rule for residential property plus specific sessions on GST from more recent TEO webinars (due to material changes).
The course provides coverage of the key elements of the income tax regime and comprises a total of 18 webinars. Following the introduction, each webinar explores another aspect of the New Zealand tax regime. The course covers assessable income, allowable deductions, residence and source, before considering the depreciation regime, financial arrangements and how foreign equity are taxed. The income tax section includes consideration of how individuals, companies, trusts, partnerships, and look-through companies are taxed.
Sessions:
- Introduction
- Assessable Income
- Residence and Source
- Double Tax Treaties
- Annual Gross Income
- Allowable Deductions
- Specific Deductions
- Residential Land (includes 2023 update)
- Financial Arrangements
- Foreign Equity
- Taxation of Individuals
- Taxation of Standard Companies
- Taxation of Trusts
- Taxation of Partnerships and Limited Partnerships
- Taxation of Look-Through Companies
- Provisional tax and withholding taxes
- Fringe Benefits
- Associated Persons
- GST Essentials 2023
- GST Update 2023
- GST Advanced 2023
Upon satisfactory completion of this activity, you will understand:
- How New Zealand taxes residents and non-residents
- The way New Zealand taxes different entities
- The extent to which input tax can be claimed and needs to be apportioned
PRESENTER
Stephen Richards, Partner – Tax Advisory Findex/Crowe
Stephen Richards is Partner in the Tax Advisory team at Findex. Findex is one of the largest providers of integrated financial advisory and accounting services to individuals, SMEs, and corporates in Australasia.
Stephen has been practising in tax advisory for over 20 years and is a sought-after speaker on tax topics, including for CCH, CAANZ, and TEO Training courses and lecturing in taxation practice at the University of Otago.
