This course will look at the key tax changes contained in the Taxation (Annual Rates for 2024-25, Emergency Response, and Remedial Measures) Bill. The Bill contains new tax initiatives, but also includes numerous remedial changes to both the Income Tax Act 2007 and Goods and Services Tax Act 1985.

The course will consider changes to the tax rules in relation to:

• Natural disaster tax relief provisions
• Crypto-currency reporting requirements
• The transfer of overseas pensions.

In addition, key remedial changes to GST and income tax rules will be discussed. Included in the GST remedials are changes affecting:

• The change of use rules
• Input claims on secondhand goods acquired from associated persons
• The flat-rate tax credit for unregistered persons supplying accommodation through on-line platforms.

Included in the income tax remedials are changes impacting:

• Bright-line test and other land taxing provisions
• Trusts
• Limited Partnerships

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

• stay abreast of the latest proposed changes to the tax system
• express said changes in an informed way to clients
• discuss how the proposed changes may affect your clients

Suited to:

This course will be suited to all those wanting to stay up to date with the latest proposed tax changes.

Total CPD Hours: 1.25 (one hour + 15 mins Q&A)

PRESENTER:

Stephen Richards, Partner – Tax Advisory, Findex/Crowe

Stephen Richards is Partner in the Tax Advisory team at Findex. Findex is one of the largest providers of integrated financial advisory and accounting services to individuals, SMEs, and corporates in Australasia.

Stephen has been practising in tax advisory for over 25 years and is a sought-after speaker on tax topics, including for CCH, CAANZ, and TEO Training courses and lecturing in taxation practice at the University of Otago.

Stephen is renowned for making complex topics understandable.