Monday. 22 February 2021
In the last few months we've seen some developments around the JobKeeper scheme, which might mean that clients who thought they missed out can actually qualify. We work through the detail so you can identify clients who could potentially access JobKeeper or the cash flow boost even though they have been knocked back by the ATO.
We also look at the latest tax developments, including changes to the immediate expensing rules for depreciating assets, the JobMaker scheme and how to determine whether COVID-related grants to business clients are tax-free.
2:05pm - 2:50pm AEDT + Q&A (subject to change)
Register through the member website.
With Michael Carruthers
Tax Director, Knowledge Shop
Business Real Property is one of the most common queries we get on the help desk. It’s one of those concepts that appears simple, but the devil is in the details. Quite often, assets that you would assume meet the definition do not and properties that you never thought of may be considered business real property.
In this session, we cover when a property is considered wholly and exclusively used in one or more business, the impact of non-business use on the test, and when the exception for real property used in primary production will apply.
We also discuss when the test is relevant, plus the implications of not meeting the criteria. Common scenarios will highlight issues that can occur and we'll give you tips to help navigate these issues for your clients.
3:10pm - 3:55pm AEDT + Q&A (subject to change)
Register through the member website.
With Natalie Scott
Superannuation Advisor, Knowledge Shop
With the end of the FBT year not far away, now is the time to ensure you and your team are across the key FBT issues that clients are likely to be facing.
In this essential session we cover the FBT issues that are receiving ATO attention and how to minimise risks for clients.
We also look at recent guidance from the ATO on benefits that employers might not usually provide, but which have become more common over the last year as a result of COVID. We cover practical issues relating to employee contributions, the proposed FBT exemption for retraining and reskilling and an ‘essential checklist’ for FBT year-end planning.
4:15pm - 5:00pm AEDT + Q&A (subject to change)
Register through the member website.
With Rae Ni Corraidh
Tax Advisor, Knowledge Shop
2:00pm - 2:05pm Welcome Introduction
2:05pm - 2:50pm COVID-19 Stimulus measures: The devil and opportunities in the detail with Michael Carruthers
2:50pm - 3:00pm Q&A
3:00pm - 3:10pm Break
3:10pm - 3:55pm SMSFs & Business Real Property with Natalie Scott
3:55pm - 4:05pm Q&A
4:05pm - 4:15pm Break
4:15pm - 5:00pm FBT Essentials - COVID and ATO Risk Areas with Rae Ni Corraidh
5:00pm - 5:10pm Q&A
5:10pm Wrap up
*Please note, these timings are subject to change depending on the number of questions we receive from participants