The Government has introduced a number of measures in recent months designed to shelter the Australian economy from the impact of COVID-19. Some of the measures are delivered through the tax depreciation system and a wide range of business clients will be able to benefit. This includes the $150,000 instant asset write-off rules that have recently been extended to 31 December 2020.
The Instant Asset Write-off and Depreciation Rules for 2020 & 2021 Webinar covers the practical detail and application of the key changes to the depreciation rules that are likely to impact on your business clients.
We work through the timing rules, identify which assets can qualify for an immediate deduction, when SBE general pools can be written-off, how the accelerated depreciation rules apply, and the differences between being a small business entity or medium business entity.
We also cover some of the planning opportunities and tip and traps that you need to be aware of.
12:00pm - 1:15pm AEST in ACT, NSW, QLD, TAS & VIC
11:30am SA & NT
1.25 PD Hours
Reference notes included
Recording access for 3 months
FPA points pending
Tax Director, Knowledge Shop
Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Easton group’s national tax committee.
Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy. Michael is a member of the advisory panel for the Board of Taxation and was a member of the reference group for the Board’s review of small business concessions.
He was also an expert panel member for the Board’s review of tax impediments facing small business.
12:00pm - 1:00pm AEST in ACT, NSW, QLD, TAS & VIC
11:30am SA & QLD | 10:00am WA
Terms & conditions: All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.
*The office rate applies per office location (maximum participants temporarily increased to 20 per office location). The PD points for all attendees will be recognised - multiple links at same location if required. We will contact you for the names of your team once you have registered as an office.
You will need a computer with audio!!