Description

How the new rules work

On 15 April 2020 the Government announced, among other measures, a new temporary loss carry-back scheme. The exact details of the scheme are not known yet, but legislation is expected on the 27th of April. This webinar will consider the impact of the proposed changes on businesses and will be aimed at business advisory services accountants of all levels. More detail of what will be covered by the webinar will be released as it becomes available, but at this stage it is envisaged to cover:

• a detailed review of the temporary loss carry-back scheme;
• implications of the ability to re-estimate provisional tax for 7 May (detailed consideration);
• Anticipation of how the permanent loss carry back rules would look (high level overview);
• Anticipation of changes to the loss continuity rules (high level overview).

ORIGINAL BROADCAST DATE

26 May 2020

LEARNING OUTCOMES

Understanding of the newly announced temporary loss carry back scheme, including a high-level review of what to expect on loss continuity changes, and the potential for the loss carry back scheme to become permanent.

SUITED TO

Accountants at all levels.

PRESENTERS

Sybrand van Schalkwyk, Director, Baker Tilly Staples Rodway Tauranga Limited

Michelle Sinclair, Senior Tax Manager, Baker Tilly Staples Rodway Tauranga Limited