Interest Expenses Webinar

Effectively manage the tax treatment and risks of interest expenses

Recorded Thursday, 12 November 2020

Individual Recording

The common problem areas and practical solutions
The new rules for vacant land
Key issues for investors and business taxpayers

The tax treatment of interest expenses can be a complex area and is one that often comes under ATO scrutiny, especially when the amounts involved are significant.  

Additionally, recent changes to the tax rules make it more difficult for some clients to claim deductions for interest expenses relating to property. 

The Interest Expenses Webinar looks at the common issues and problem areas that arise when clients incur interest expenses. We walk through the areas where clients often make mistakes and where accountants can provide proactive advice to improve tax outcomes for clients.

FPA Accreditation 23101 (1.25 hours)
Regulatory compliance & consumer protection = 0.50, Technical Competence = 0.75

Member Recording 
Individual Recording
Office Recording

What we cover

This practical session covers:

  • Applying the new rules for interest relating to vacant land
  • Dealing with mixed purpose loans
  • Refinancing loans and the impact on deductions
  • Changes in tax residency and ongoing interest expenses
  • Prepayments 
  • Borrowing money from overseas 
  • Interest expenses incurred before income is generated 
  • Interest expenses incurred after an asset is sold or a business has ceased 
Member Recording 
Individual Recording
Office Recording

Our Presenter

Michael Carruthers

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 Hayes Knight 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 is 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.

Michael Carruthers
Michael Carruthers
Tax Director, Knowledge Shop

Register

Individual 

$195 Member
$235 Non-member

Office*

$430 Member
$480 Non-member

 *The office rate applies per office location (maximum temporarily increased to 20 participants per office location). The PD points for all attendees will be recognised.

How to access the recording

  1. Knowledge Shop members, access your discounted pricing by logging into the Knowledge Shop member website and registering. More on membership.
  2. For Individuals:
    • Register and we will email you your access details to Knowledge Shop's IQ platform (generally within 24 - 48 hours).
    • Your recording and any successive recordings you purchase will display on your personal profile.
  3. For Offices (access for up to 10 individuals from the same firm): 
    • Register and we will contact you to organise login details for your nominated staff members (generally within 24 - 48 hours).
    • You can also nominate a supervisor from your firm who will be able to see who has completed the webinar and where applicable, their quiz scores.
  4. Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant. 

Terms & Conditions 
All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed.  Refunds are only possible if the webinar recording has not been accessed.