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 3 relevant issues 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:

• Cash basis holder;
• The BPA calculation;
• Debt remission/Bad Debts
  • Within an economic group
  • Personal debt forgiveness
  • Trusts
• Bad Debts

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

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

• Process SME financial statements and tax returns involving financial arrangements with confidence
• 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.

PRESENTER

Mike Hadwin, Director, Symmetry Advisory

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.