Tax Fundamentals online training.

Online, interactive, flexible and designed for today’s employer and employee.

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Flexible online delivery

Real-life scenarios and case studies

Earn valuable CPD/CPE hours

Cost effective

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

For leaders

For learners

  • Full Series Discount

    Register for the full series and pay only $1,320 (inc. GST).

  • Ongoing Access

    Content available for 12 months from registration date.

  • Group Discount

    Register any additional delegates for the full series and pay only $660 (inc. GST) per additional person (50% discount). *Discounts will be calculated automatically during the registration process for the full series.

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.

Pricing

  • Full Series

    $1,320 (inc. GST) per person Additional delegates $660 (inc. GST) (50% Discount)

  • Per module

    $198 (inc. GST) per person

Modules

Purchase modules individually, or sign up for the full series to save over $400.

  • Full Series Registration

    Save over $400 when you register for the full series.

  • 01. Assessable Income

  • 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
  • Residency
  • 02. Deductions

  • General Deductions – s. 8-1 ITAA1997
  • Interaction with the GST
  • Specific Deductions
  • Losses
  • Interest deductions
  • Prepayments
  • Deductions for Employees
  • 03. Depreciation rules and the uniform Capital Allowances regime

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
  • 04. Capital Gains Tax (CGT)

  • CGT Events
  • CGT Assets
  • Acquisitions of Assets
  • Cost Base Rules
  • Discount CGT Concession
  • Indexation
  • CGT Event A1
  • Record Keeping
  • 05. Business and Investment Structures

  • Types of entities
  • Choosing an entity for business or investments
  • 06. Goods & Services Tax (GST)

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
  • 07. Fringe Benefits Tax (FBT)

  • An overview of the 12 Types of Benefits
  • The Arranger Provisions
  • Record Keeping Obligations
  • Recipient payments and contributions
  • Reportable Fringe Benefits
  • 08. Superannuation

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
  • 09. Tax Administration

  • 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

Your Presenter

Lee-Ann Hayes - Senior Tax Trainer at TaxBanter

Lee-Ann Hayes

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.