This webinar is designed to review the income tax and GST features of chattel financing.  We will also work through an example for each type of financing and compare the income tax and
GST costs/benefits.  The comparison will provide some clarity of the income tax and GST ramifications of the different types of financing.

Specifically, the topics covered will be:

• What is a Lease?
• The income tax & GST treatment of:

• • Finance Leases
  • Operating Leases
  • Hire Purchases

• A worked example will identify the numerical impact of the income tax and GST treatment
• A comparison of the income tax & GST outcomes of each type of lease

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

• understand the rules and principles better
• identify relevant tax issues
• have a greater awareness of tax implications in each of the areas covered

Total CPD Hours: 1 hour and 15 minutes

Suited to:
This course will be suited to intermediate through to advanced accountants in public practice who are dealing with clients who have chattel leases. It will also be suitable for accountants employed
by businesses that have chattel leases.

PRESENTER

Mike Hadwin, Director, Symmetry Advisory Ltd

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.