This webinar will review the rules and issues that relate to the depreciation of buildings. The webinar will consider the general rules and look at the differences between a residential and a non-residential building.

The webinar will provide a detailed review of the general rules for the depreciation of buildings. It will identify technical issues and provide practical explanations of the key tax considerations for distinguishing residential and non-residential buildings

The issues/areas covered in the webinar will include the following:

• General Depreciation Principles
• Buildings & Depreciation
• Residential Buildings
• Non-Residential Buildings
• Distinguishing Residential & Non-Residential Buildings & Plant/Fit-out
• The Transitional Rule
• Improvements to Land
• Buildings Under Construction

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

Duration: 1 hour and 15 minutes

Suited to

• intermediate through to advanced accountants in public practice who are preparing financial statements and tax returns
• accountants employed by SME businesses

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.