Service Based Businesses 2023 – Structuring and Income Tax Issues

Description

There are a wide variety of businesses offering a wide variety of services.

Many of them totally unaware of some very specific income tax rules that focus on income from services.

These rules are aimed at ensuring people do not avoid paying any tax or avoid the higher income tax rates by diverting income to an associated entity (such as a company, trust or partnership).

In this webinar we are going to review those specific tax rules.

Specifically the webinar will cover:

  • General Review of service based business structures
  • Is a service provider an Employee or a Contractor?
  • Schedular Payments with director’s fees as an example
  • Income Attribution Rules
  • The Impact of the Penny & Hooper case

This course will be suited to Corporate Accountants and any Chartered Accountant wanting a review of the tax issues involved in businesses or clients with service based businesses.

LEARNING OUTCOMES

Satisfactory completion of this course will:

  • Equip you with the latest information affecting income from service businesses;
  • Give you an understanding of recent changes;
  • Enable you to make better decisions about the structuring of businesses offering services.

SUITED TO

This course will be suited to Corporate Accountants, and any Chartered Accountant wanting a review of the tax issues involved in businesses or clients with service based, businesses.

PRESENTER

Mike Hadwin, Director, Symmetry Advisory Ltd (presenting on behalf of TEO Training Ltd).

1.25 CPD Hours

  • Dec 07
    • $195.00 excl. GST
    Thu, 2:30 PM NZDT - Thu, 3:45 PM NZDT Online
    • $195.00 excl. GST

Coming Soon

All Coming Soon >>

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 to a live webinar will automatically be sent a recording at the end of that week along with a full transcript of the webinar, regardless of whether you attended or not.

Sole practitioners

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