Description

A practical guide to the tax issues for New Zealanders doing business in and with Australia

The power of the internet means that increasing numbers of New Zealand businesses are able to get a foothold in the Australian market by selling online. In addition, many businesses continue to expand the traditional way, by opening an Australian based branch or subsidiary. Whether your clients want to physically set up shop in Australia or simply sell online to Australian consumers from a NZ base, there are Australian tax implications to be aware of.

Focusing on small to medium sized businesses, this webinar will highlight the potential Australian income tax and GST obligations of businesses dealing with Australian consumers including:

• Structuring an Australian business venture
• Setting up in Australia – registrations and compliance
• Permanent establishment and residency; the income tax implications
• Extracting profits tax effectively
• Withholding taxes
• Applying the double tax agreement
• Trading with Australian consumers online
• GST issues:
• Carrying on an enterprise in Australia
• Requirement for NZ businesses to register for GST
• Applying GST to Australian sales and purchases
• Selling services and digital products

ORIGINAL BROADCAST DATE

9 November 2022

LEARNING OUTCOMES

Attendees will gain an understanding of the practical tax and GST issues facing NZ businesses that trade in or with Australia, including tips and traps to pass on to clients with Australian business interests.

SUITED TO

Accountants and business advisers with clients looking to do business with Australian consumers or already trading within Australia.

PRESENTER

Mark Chapman, Director of Tax Communications, H&R Block Australia.