Tax Fundamentals online training.
Online, interactive, flexible and designed for today’s employer and employee.
The basics of tax at your own pace.
Tax Fundamentals is a well-rounded overview or refresher to tax, delivered in a practical and engaging way.
Made up of nine modules, each module includes challenges designed to mirror the everyday tasks that are found in your workplace and will develop participants’ understanding through the use of activities and the application of concepts to real-life scenarios and examples.
Benefits of Tax Fundamentals Online
Who should attend?
Participants who wish to gain a fundamental understanding or a refresher of the key elements of the Australian tax system. This includes trainees, graduates, those returning to the industry/workforce, BAS agents or bookkeepers. Tax Fundamentals will give you the knowledge and insight to do your job better.
Participants will receive a Certificate of Completion for each individual module as it is finished. These can also be used for tracking your CPD for audit purposes.
Purchase modules individually, or sign up for the full series to save over $400.
- What is ordinary income
- Income v Capital
- Statutory income
- Isolated profit making transactions
- Exempt income
- Non Assessable Non Exempt Income (NANE)
- When is income derived
Part One – Division 40 – Capital Allowances
- What is a depreciating Asset?
- Decline in Value
- The Holder of a depreciating asset
- Explain the capital allowance rules of Division 40
- Special rules for Small Business Entities
- The Rules for Business related capital costs
Part Two – Capital Works
- The Rules of Division 43 – Capital Works
Part One – Introduction
- How to approach the GST
- Liability to GST
- The Basic Concepts
Part Two – Specific Issues 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
Part One – Introduction
- What is Superannuation?
- The Three Phases of Superannuation
- 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
- The requirement to lodge returns
- The Payment of Tax
- The Penalty Regime
- Disputes, Objections and Appeals
- The powers available for recovery of tax
- Taxation Offences – prosecution actions
BBus (Accounting), CPA
Senior Tax Trainer
Lee-Ann brings over 19 years of tax training experience and is well regarded as an enthusiastic, approachable and engaging presenter. Her strong tax technical knowledge was developed at the Australian Taxation Office, where she held various technical, audit and training roles. Lee-Ann’s passion for tax training began in 2001 after joining Webb Martin Training and continues on at TaxBanter. From this time, Lee-Ann has continued delivering tax technical training sessions for various providers, including boutique training organisations and professional associations.
Lee-Ann’s strong technical knowledge and enthusiastic training style ensures that all participants, from the graduate to the partner, receive maximum value from each training session.