GST is part of everyday life in New Zealand.  Being so much a part of everything we do in business, the basics of this tax are often taken for granted or overlooked.  In most cases the GST impact of a transaction is straight-forward. In some cases a lack of understanding of the basics can lead to costly mistakes.  This webinar will provide a clear analysis of the basics of the legislation and will give attendees the tools they need to work with GST.

Specifically we will cover:

• The difference between taxable and zero-rated supplies
• Going concerns
• What a supply is
• Exempt supplies
• The requirements for registration
• What constitutes a taxable activity
• How to determine the value and time of a supply
• The requirements of a tax invoice
• The GST accounting methods and periods

Upon satisfactory completion of this activity you will be able to:

• Identify the rules and their application
• Be confident in the basics of GST
• Better understand rules that apply to areas encountered everyday

Total CPD Hours: 1 hour and 15 minutes

Suited to:

This is an introduction to GST and would best suit anybody beginning work in an accountancy practice or a financial position within a business.  It would also be a great refresher for those who have worked with GST for some time.

PRESENTER

Mike Hadwin, Director, Symmetry Advisory

Mike has been a regular presenter for TEO Training for 18 years. You’ll learn from Mike’s 30-plus years of tax experience as a public CA and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.