This webinar is going to review the general rules that determine what receipts are taxable income (or not). We will also review a number of specific types of receipts to determine if they should be treated as taxable income. Specifically, the webinar will cover:

• What is Income
• Non-Income Receipts
• Methods of Recognising Income
• Derivation of Income
• Some Different Types of Income
• Exempt Income

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

• understand what income is and when it is derived
• identify relevant tax issues
• have a greater awareness of tax implications in each of the areas

This course will be suited to: 

• beginners, intermediate through to advanced accountants in public practice who are dealing with close companies
• corporate accountants of close companies.

1.25 CPD hours

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.