There have been a number of changes in the rules for depreciating buildings over the last decade. The webinar will provide a detailed review of the general rules for the depreciation of Buildings & fit-out. It will identify technical issues and provide practical explanations of the key tax considerations for distinguishing residential and non-residential buildings and fit-out.

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
• Improvements to Land
• Buildings Under Construction

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

• understand the building depreciation principles and current rules better
• identify relevant tax issues that may arise when considering depreciating a building
• have a greater awareness of depreciation implications on the purchase of a building

Suited to:

This course will be suited to intermediate through to advanced accountants in public practice who are preparing financial statements and tax returns. It will also be suitable for accountants employed by SME businesses.

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.