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

• ACC levies
• Bad Debts
• Accrual Expenditure
• Employee Accruals
• Inventory Obsolescence
• Warranty Provision
• FBT Accrual
• No Invoice at balance date

Prepayments

• General Rules
• Unexpired Expenditure
• 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 in the areas covered in financial statements and tax returns
• Have more confidence in advising SME clients on income tax deductibility in the areas covered

1 hour & 15 minutes

Suited to:

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

1.25 (1 hour + 15 min. Q&A)

PRESENTER

Mike Hadwin, Director, Symmetry Advisory
Mike is a regular presenter for TEO Training. You will 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.