Across the country, there are thousands of businesses offering a wide variety of services. Many of them are totally unaware of some very specific income tax rules that focus on income from these services. |
These rules are aimed at ensuring people do not: - avoid paying any tax, or
- avoid the higher income tax rates by diverting income to an associated entity (such as a company, trust or partnership).
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In this webinar, we will review these tax rules using examples. Specifically, the webinar will cover: - General review of service business structures
- Is a service provider an Employee or a Contractor?
- Schedular Payments with director’s fees as an example
- Income Attribution Rules
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Upon satisfactory completion of this activity, you will be able to: - relay the latest information affecting income from service businesses;
- fully understand recent changes;
- make better decisions about the structuring of businesses offering services.
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This course will be suited to: - intermediate through to advanced accountants in public practice
- corporate accountants.
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Duration: 1.00 CPD hours (approx. 55 mins content + 5 mins Q&A) |
PRESENTER Mike Hadwin, Director, Symmetry Advisory Ltd Mike is a regular presenter for TEO Training. You will learn from Mike’s 40 years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role. |