An in depth look at the real tax issues concerning lifestyle blocks covering both income tax and GST.
This will include consideration of the business test as it might apply to these blocks and of the interest
deductibility rules that apply. What if it is not a business?
Upon satisfactory completion of this activity you will be:
- Aware of the income tax and GST rules and risks concerning lifestyle blocks.
- Able to advise in detail on the interest deductibility issues associated with lifestyle blocks.
Total CPD Hours: 1.25 (1 hour + 15 min Q&A)
Senior rural tax experts and intermediate level primary sector accountants who have an interest in tax.
Jim Gordon, Director, Jim Gordon Tax Ltd
Jim Gordon FCA started preparing farm accounts in 1974. He has been involved with almost all of the
primary sector tax reforms since 1986. Jim brings a wide range of both theoretical and practical
experience to his presentations.
- 15 April 2021
2:00 pm - 3:15 pm