The FA regime represents one of the more unusual regimes in the NZ tax system. It can really trap you if you are not ready for it. This webinar will be a practical review of the most relevant FA rules that are applicable to SMEs. Through case studies, we will cover what’s old, what’s new and what to look out for.

Specific topics covered will include:

• General rules
  ~ Overview
  ~ What is a FA
  ~ What is an excepted FA
• Cash basis holder
• The BPA calculation
• Debt remission/Bad Debts

This webinar will be a mixture of reviewing the rules and walking through worked examples.

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

• confidently process SME financial statements and tax returns involving financial arrangements
• advise SME clients on minimising financial arrangement tax compliance costs
• remember the key steps and choose the best options

Suited to:

This course will be suited to foundation through to intermediate accountants, especially those in public practice and those employed by SMEs. It will also be useful for more senior accountants looking for a refresher on Financial Arrangements

Total CPD Hours: 1.5 (One hour 15 mins + 15 mins Q&A)

PRESENTER:

Mike Hadwin, Director, Symmetry Advisory Ltd
Mike has been 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.