Webinars

Many business owners think their contractors and sub contractors, are not included in Payroll Tax, but in some cases they are. If you are eligible and not paying, the fines can be huge. Make sure you understand how it works, what is included and the evidence you need to prove.  

We speak to many investment property owners who are not sure how much capital gains tax they will need to pay when they decide to sell.  They fear the unknown, they fear that their capital gains tax will cut into their profits, so instead of selling they keep the property.

Derek will eliminate the fear of capital gains tax and give you a greater understanding of how you can save money and keep your profit.

The ATO is now reporting business to credit reporting bureaus/agencies who have large outstanding debts, over $100,000 or 90 Days Overdue.  

Derek will explain what this means, what you need to do, and how it could affect your business.

Many property owners understand the "Market Value and Pro-rata" capital gain calcuation methods when selling their investment property. But many don't know about an additional step  "Cost Base - The 6 Element Rules" when calcualting their cost base.  

Derek will explain  how you can reduce your capital gains tax using these rules from $200,000  to only $5,000.

Not all companies business btructures are the same.  Some has a trust, holding company even bucket company, or all 3.

Derek will explain the difference of these structures and the best scenario for you. 

Business owners - Entering into a repayment arrangement with the ATO, is not always the best decision.  A payment plan is possible admission of "Trading while Insolvent"

In this Webinar, Derek will explain what it all means. 

PSI is income that is mainly produced from your personal skills and efforts  in almost any industry, trade or profession. 

In this webinar, Derek will discuss: 

What is PSI? 

What is the Personal Services Business (PSB) test?. 

What are the mistakes individuals make. 

What you can do to avoid PSI tax.

The ATO is targeting business owners who buy personal assets ie. cars over $65,000 in their own name with low income.  "How can you afford a $100,000 car on $20,000 income"   This also includes other assets such as Fine Arts, Boats and Caravans.

Derek will explain what the ATO "lifestyle" Data Matching is all about and the role of your insurance company to supply information. 

SMSF - Want to move into your dream retirement home and not pay CGT or stamp duty.  Derek will Explain how purchasing a home with your SMSF, can make this happen.  Discussing the 2 methods you can adopt and the rules and benefits you need to be aware of.  

Following on from our latest Webinar "Capital Gains Tax CGT & the 6 Year Rule" Derek has recorded a webinar based on the 100's of questions we received

In this webinar, Derek explains the "CGT 6 Year Rule".How this can reduce your CGT when selling your rental property which was your Principle Place of Residence (PPR).

Derek explains what a BARE TRUST is.  How is works in a Self Managed Super Fund and what you must know.

Derek explains the important dates for this financil year and how each calendar is customised for each client.

Derek explains the important dates for this financil year and how each calendar is customised for each client.

Approved ATO New Tax Rates 2024.  Derek will explain what this means to you.

Land Tax has nothing to do with the ATO, but accountants like myself are always asked "How is Land Tax Calculated?" so here is my answer to help you understand.

It's important if you borrow money from your business you know how to pay it back or if a Division 7A loan applies.  There are a set of rules you MUST comply with which the ATO are enforcing. Don't do it worn - Penalties apply.

If you take  money out of your business, you need to pay tax on it, even if you own the business.   Derek will discuss these options and the tax implications for you and your business. Its not free money.

This is one of the most asked questions - "Want to know the answer?"

Watch this webinar to find the answer. 

In our latest webinar recording,  Derek will explain the 2 methods of Calculating FBT (Statutory and Operating cost method, the calculation formulas, and what you need to be aware of as business owners.  

Australian Government has finally approved this boost which gives an additional 20% tax deduction for external training courses delivered to employees by registered training providers. Watch to find out how you can claim. 

Australian Government has finally approved this boost which gives an additional 20% tax deduction to support digital operations. Watch to find out how you can claim. 

Do you have a Motor Vehicle owned by your company?

Do you use this Motor Vehicle for private use (even a little)?

The ATO is targeting all vehicles (Sedans, utes and FBT exempt cars)  that are registered in the name of a company.

This webinar will explain the tax implications to your business and what you need to do immediately.