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Kickstart your Graduate Accountant’s career

with our Tax Fundamentals workshops

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Set your new graduate accountants on the path to success from day one with our in-person Tax Fundamentals Workshop in Sydney and Melbourne! These two-day, comprehensive training programs are designed to provide your graduates with the practical skills and confidence they need to excel in their roles.

Made up of nine focus areas, each topic includes challenges designed to mirror everyday tasks found in your workplace. Tax Fundamentals will develop participants’ understanding through the use of activities and the application of concepts to real-life scenarios and examples.

Why choose this workshop?

Practical learning

This workshop offers hands-on learning through real-world case studies and scenarios. It’s not just about theory, but actionable knowledge that your grads can immediately apply in their daily tasks.

Confidence building

Equip your team with the skills to navigate tax issues with ease, fostering problem-solving abilities that deliver value right from the start.

Fast and efficient upskilling

Covering nine core tax topics in just two days, your graduates will quickly become an asset to your team without interrupting client work.

Topics covered

  • Researching tax issues
  • Deductions and assessable income
  • Depreciation rules
  • Capital Gains Tax (CGT)
  • Business & investment structures
  • GST and FBT
  • Superannuation
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Price

Don’t miss this opportunity to fast-track your graduate accountants’ success and prepare them to tackle tax challenges head-on.

This two day in person workshop is just $1,500 (incl. GST) per person.

Group discounts

Unlock discounts for group bookings!

Email us at sales@taxbanter.com.au for more details.

Modules

The Tax Fundamentals face-to-face training program consists of nine comprehensive modules delivered over two days. For detailed information on the content of each module, see below.

  • How tax legislation is developed
  • Hierarchy of the Tribunal and courts for tax matters
  • Researching policy development
  • Researching tax legislation
  • Researching case law
  • Precedential ATO view and ‘binding’ status of ATO publications
  • Using the ATO website
  • Useful TaxBanter resources
  • General deductions
  • Specific deductions
  • Non-deductible expenditure
  • Limitations of deductions and loss rules
  • Interest deductions
  • The prepayment rules
  • Deduction issues for employees
  • What is ordinary income
  • Income vs capital
  • Statutory income
  • Isolated profit making transactions
  • Exempt income
  • Non Assessable Non Exempt Income (NANE)
  • When is income derived
  • Residency and source

Part One – Division 40 – Capital Allowances

  • What is a depreciating asset?
  • Decline in value
  • The holder of a depreciating asset
  • The capital allowance rules of Division 40
  • Special rules for small business entities — Subdivision 328-D
  • The rules for business related capital costs.

Part Two – Capital Works

  • The rules of Division 43 – capital works
  • CGT events
  • CGT assets
  • Acquisitions of assets
  • Cost base rules
  • Capital proceeds
  • Discount CGT concession
  • Indexation
  • Record keeping
    • Common types of entities for business and investment
    • Choosing an entity for business or investments
    • Tax features of common entity structures

  • Part One – Introduction

    • How to approach the GST
    • Liability to GST
    • The basic concepts.

    Part Two – Specific Issues for GST

    • Enterprise and registration for GST
    • Taxable supplies
    • Creditable acquisitions
    • Tax periods and the attribution rules
    • Net amounts
    • Input taxed supplies
    • GST free supplies
    • The margin scheme for GST property transactions
  • An overview of the 12 types of benefits
  • The arranger provisions
  • Exempt benefits and concessionally taxed benefits
  • Record keeping obligations
  • Recipient payments and contributions
  • Reportable Fringe Benefits

Part One – Superannuation

  • Purpose of superannuation?
  • The three phases of superannuation
    • contributions phase
    • investment phase
    • retirement phase
  • What is a complying fund?
  • What is a non-complying fund?

Part Two – Self Managed Superannuation Funds

  • What is an SMSF?
  • Contributions and the rules including contribution caps.
  • Excess contributions tax.
  • Investment rules.
  • Benefits and cashing rules.

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