Identifying what is a mixed-use asset, and what adjustments may be required for income tax and/or GST can sometimes be difficult. Also, there assets that are used for a variety of purposes but are not strictly “mixed use assets”.
The session will provide an overview of the income tax and GST rules and how they might apply with practical examples.
In particular the webinar will cover:
The webinar will cover a variety of practical examples, including how the rules apply to the various assets, what constitutes the asset, and what limitations may apply. We will also touch on the impact of the residential land tax rule changes and interest deductibility rules as they relate to mixed-use assets.
The webinar will also touch on the different outcomes that arise, depending on ownership structure.
Upon satisfactory completion of this activity you will be able to:
Accountants and lawyers with clients that have assets used for mixed purposes.
Daniel Gibbons, Partner, Findex/Crowe (presenting on behalf of TEO)
1.25 CPD Hours