This webinar covers key income tax considerations that advisors and their clients need to be aware of for income tax deductibility of year-end accounting adjustments.

The webinar focuses on areas that are part of day-to-day activity that also have some technical issues associated with them.

There are a number of practical examples covered in the webinar.

These include the following:

• General rules for deductibility
• Accruals & provisions
  o ACC levies
  o Bad Debts
  o Accrual Expenditure
  o Employee Accruals
  o Inventory Obsolescence
  o Warranty Provision
  o FBT Accrual
  o No Invoice at balance date
• Prepayments
  o General Rules
  o Unexpired Expenditure
  o The Determination

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

• Have an increased understanding of the deductibility of year-end adjustments
• Better process deductions of year-end adjustments in income tax returns
• Have more confidence in advising SME clients on income tax deductibility of year-end adjustments

Suited to:

This webinar is suited to intermediate through to advanced accountants in public practice and is also suitable for corporate accountants.

PRESENTER

Mike Hadwin, Director, Symmetry Advisory
Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 40 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.