Motor Vehicle Ownership and Use – The Income Tax, GST and FBT Considerations 2024 (webinar)
The course will consider the income tax and GST issues of the ownership and use of a motor vehicle by a close company and its shareholder employees. It will cover the rules, important issues and practical implications.
Specifically, the webinar will consider the following:
- Different ways to finance a vehicle
- The fringe benefit tax rules for a passenger vehicle
- A worked case study, comparing financing under a finance lease or an operating lease or a hire purchase and ownership by the shareholder employee or the company.
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
This course will be suited to:
- employers
- corporate accountants
- any chartered accountant wanting a review of the FBT rules for motor vehicles used in their business and/or client businesses.
1.5 CPD hours
PRESENTER
Mike Hadwin, Director, Symmetry Advisory Ltd
Mike Has been a regular presenter for TEO Training for 18 years. You’ll learn from Mike’s 35-plus 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.
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10 September 2024
2:00 pm - 3:30 pm