Taxation of Lifestyle Blocks - Income Tax and GST Considerations

Description

In this webinar we will be working through the income tax and GST issues that arise with lifestyle blocks.

In particular we will be focusing on

  • income tax deductions
  • application of the specific farming and forestry tax rules
  • apportionment of expenditure
  • application of the bright-line rules to the sale of a lifestyle block
  • GST
  • Possible application of a Capital Gains Tax to the sale of lifestyle blocks.

The webinar assumes a reasonable level of familiarity with farm accounting and taxation issues and will be practically focused using examples to illustrate the issues arising for these types of businesses.

LEARNING OUTCOMES

Attendees will remain up-to-date on taxation and accounting issues affecting the primary sector.

SUITED TO

Accountants and other professionals advising the primary sector.

PRESENTER

Tony Marshall, Partner – Tax Advisory, Findex presenting on behalf of TEO Training

1.25 CPD Hours

  • Apr 02
    Tue, 10:30 AM NZDT - 11:45 AM NZDT Online
    • $190.00 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.