Tax Basics for Newbies is a tax course intended for those in their first two years of practice. It will provide coverage of
the key elements of the New Zealand income tax and GST regimes.

Tax Basics for Newbies will provide coverage of the key elements of the income tax and GST regimes. This webinar series will
comprise a total of 21 webinars.  Following the introductory webinar, each webinar will explore another aspect of the New Zealand
tax regime.  The course will cover what is assessable income, allowable deductions, residence and source. Before considering
the depreciation regime, financial arrangements and how foreign equity are taxed.  The income tax section will finish with a
consideration of how individuals, companies, trusts, partnerships, and look-through companies are taxed.  The series will finish
with three webinars on the GST regime.

Upon satisfactory completion of this activity you will understand:

• How New Zealand taxes residents and non-residents
• The way New Zealand taxes different entities
• How to identify supplies subject to GST and when they can be zero-rated
• The extent to which input tax can be claimed and needs to be apportioned

Suited to:

This course is targeted at accountants in the first two years of practice and others wanting to brush up on their understanding of the
principles underlying New Zealand’s income tax and GST regimes.

Sessions:

1. Introduction
2. Assessable Income
3. Residence and Source
4. Double Tax Treaties
5. Annual Gross Income
6. Allowable Deductions
7. Specific Deductions
8. Depreciation
9. Financial Arrangements
10. Foreign Equity
11. Taxation of Individuals
12. Fringe Benefits
13. Taxation of Standard Companies
14. Taxation of Trusts
15. Taxation of Partnerships and Limited Partnerships
16. Taxation of Look-Through Companies
17. Provisional tax and withholding taxes
18. Associated Persons
19. GST Framework
20. GST Output Tax
21. GST Input Tax

Presenter:

Stephen Richards, National Technical Director, Crowe Horwath

Stephen Richards is the National Technical Director of Tax Advisory for Crowe Horwath, the largest accounting firm in New Zealand
specialising in the SME/HNWI space. Stephen has been practising in tax advisory for 20 years and is a sought-after speaker on tax
topics, including for CCH and TEO Training courses. Stephen is renowned for making complex topics understandable.