The purpose of this webinar is to review some of the obligations and responsibilities imposed by the Income Tax legislation and IR on payments made to employees.

It will cover the way in which the legislation taxes a variety of payments to employees.

Specifically the webinar will consider:

• Who is an employee?
• Salaries & wages, bonuses, extra pay
• Other payments to employees including, payments for golden handshakes, golden parachutes, restraint of trade & hurt, humiliation or loss of dignity

There will be an introduction to allowances and reimbursements and the entertainment rules. The taxation of non-cash benefits can be confusing. The Webinar will introduce the FBT regime.

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

• Equip you with the latest information affecting payments and other benefits to employees
• Give you and understanding of recent changes
• Enable you to make better decisions about the income tax treatment of these payments and benefits

Suited to:

Employers, Corporate Accountants, and any Chartered Accountant wanting a review of the way in which the income tax legislation treats payments and other benefits to employees

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.