Australian FBT Update Essentials 2018 - An update for NZ businesses - 27 February 2018 (On Demand)

Description

With many NZ businesses having Australian operations it is important that the relevant Australian Fringe Benefit Tax returns are completed correctly.

The 2018 Australian FBT Update Essentials webinar is designed for people in New Zealand who have responsibility for Australian FBT management and will provide them with the springboard to launch their 2018 FBT return work.

Attendees will be given an understanding of the key areas when preparing or reviewing the 2018 Australian FBT return.
A comprehensive update on the Australian FBT changes for 2018 including:
• Changes to the FBT rate, gross up rates and capping thresholds
• The new rules in relation to employee travel expenses
• Introduction of new safe harbour rules for claiming exemption on tool of trade and work-related vehicles
• New safe harbour rules and capping for minor benefits
• The latest on FBT and car parking
• The FBT treatment for taxi expenses and Uber
• Discussion of new Australian Tax Office audit strategies and compliance activities.
Particular benefit focus areas will include Entertainment, Employee Expenses, Cars, Car Parking, Relocation and other common benefits.

The webinar will highlight the common mistakes, both technical and process, and dispel the many myths.

This webinar is suited to those in practice or internal roles, from beginners to advanced.

LEARNING OUTCOMES

Attendees will be given an understanding of the key areas when preparing or reviewing the 2018 Australian FBT return and requirements for individual employee Payment Summary reporting. Paul will highlight the common errors and dispel the many myths.

Learning outcomes will include an understanding of:

  •  The latest changes to the FBT law and recent Australian Tax Office announcements;
  •  An understanding of how to prepare the 2018 Australian FBT Return form and documentation requirements;
  •  The key benefit areas and choice of valuation methods including:
    •  Cars
    •  Car Parking
    •  Entertainment
    •  Employee expenses
  •  Relocations, mobility, LAFHA, expatriates and remote area
  •  Claiming exemptions and concessions;
  •  The common mistakes and misunderstandings;
  •  Australian Taxation Office compliance activity and areas of focus; and

• Client war stories including the financial impact and impact on employees

ORIGINAL BROADCAST DATE

27 February 2018

SUITED TO

This webinar is designed for people in New Zealand who have responsibility for Australian FBT management including those with responsibility for preparing or reviewing the 2018 Australian FBT return, Payment Summary reporting, whether experienced, new to FBT or requiring a refresher, including:

  •  Tax agents and tax advisors
  •  Accountants in Public Practice
  •  Tax Accountants
  •  Tax Managers
  •  HR Personnel
  •  Payroll accountants
  •  Payroll managers
  •  Finance Managers
  •  Financial Accountants
  •  Management Accountants
  •  Accounts Payable teams

PRESENTER

Paul Mather, Director, FBT Solutions

 

 

1.5 CPD Hour

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $200.00 excl. GST

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants that do not log into the live webinar are automatically sent a recording either later the same day or early the next business day.

If you did log in and wish to view again simply drop us a line at NZ‑learning@wolterskluwer.com and we’ll be happy to send it to you via email.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.