All events Western Australia Local Tax Club

Local Tax Club - Perth

 

 

Keep up to date with the latest developments in all areas of tax!

With a local and topical line-up of sessions and presenters, the Local Tax Club Series will deliver quintessential and hot topics which affect you and your clients.

This series includes 10 sessions delivered locally to you. With each session featuring a specialist tax topic presented by experts in their fields and a monthly tax update to keep you abreast of Australia’s ever changing tax legislation, being part of your Local Tax Club will not only keep you on top of the latest tax knowledge but will connect you with your peers, and fellow members of your tax community.

Take advantage of our subscription package, with special discounts and incentives for Local Tax Club Series subscribers as well as making registrations for the year much easier.

Event Details

  • When23-February-2022 - 23-November-2022
  • FormatFace-to-face
  • CPD Hours15 (1.5 per event)

 

 

Program

23 February 2022
7:30 AM - 9:00 AM
1.50 CPD hours

This informative session will provide insights into the tax policy and administration matters currently in the sights of the Tax Policy and Advocacy team at The Tax Institute. Join our Senior Advocate, Robyn Jacobson, CTA, as she shares her insights and practical tips on matters which affect your clients.

The session will include a discussion on the following key matters:

  • Looking ahead to the Federal Budget 2022–23 and the Federal election
  • Tax reform: update on Case for Change
  • Recent submissions and advocacy work
  • Key pending ATO guidance and consultation

Speakers

Robyn Jacobson, CTA, The Tax Institute
Amanda Donald, FTI, Keays & Associates

23 March 2022
7:30 AM - 9:00 AM
1.50 CPD hours

This session will cover the following:

  • What is cryptocurrency and what is an NFT?
  • Is cryptocurrency a currency or foreign currency?
  • Are cryptocurrency and NFTs CGT assets?
  • Capital and revenue
  • Realisation
  • Forks, other nuances and the ATO’s view.

Speakers

Adam Dimac, Hall & Wilcox

Patrick Norman

27 April 2022
7:30 AM - 9:00 AM
1.50 CPD hours

 

Speakers

Robyn Jacobson, CTA, The Tax Institute
Amanda Donald, FTI, Keays & Associates

25 May 2022
7:30 AM - 9:00 AM
1.50 CPD hours

Section 100A of the ITAA 1936 was introduced in 1979, but it has received little attention outside blatant ‘trust stripping’ arrangements until recent years. While practitioners have been waiting for the ATO’s ruling on section 100A (which is now expected to be released in early 2022), ATO audit activity in this area has been on the increase. 

This session will cover:

  • The history of section 100A
  • The latest ATO guidance
  • The key requirements for section 100A to apply, including what is an 'ordinary family dealing'
  • The implications of section 100A applying
  • Case studies to illustrate the potential application
  • Practical tips to manage the risk

Presenter
Daniel Taborsky, CTA, Birchstone Tax Law

Tax Update Presenter
Patrick Norman, Birchstone Tax Law

22 June 2022
7:30 AM - 9:00 AM
1.50 CPD hours

This practical session will provide insights on what practitioners can expect in the upcoming financial year, including how to ensure your clients are remaining compliant.

Join Billy-Jo as she shares her insights and practical tips on matters that will affect your practice come July.

The session will consider:

  • How the announced budget measures will impact your clients
  • The superannuation changes occurring from 1 July 2022
  • The ATO’s compliance approach for the upcoming year
  • How you, as a practitioner, can assist clients in financial distress
  • Practice compliance tips and tricks

Presenter
Billy-Jo Famlonga, FTI, Famlonga Business Services

Tax Update Presenter
Rupert Cheong, Alpha Accountancy

27 July 2022
7:30 AM - 9:00 AM
1.50 CPD hours

 

On 16 December 2021 the ATO released the finalised Practical Compliance Guideline PCG 2021/4: Allocation of professional firm profits – ATO compliance approach. With a delayed commencement date of 1 July 2022, and transitional arrangements available until 1 July 2024, this will provide tax practitioners time to identify and advise those ‘high risk’ clients.

Join Alex as he examines the professional practices framework, including:

  • The history of personal services income (PSI), professional firm profits and Everett assignments
  • A detailed review of Practical Compliance Guidance PCG 2021/4: Allocation of professional firm profits – ATO compliance approach and the latest PSI guidance issued by the ATO
  • What the PCG does not address and how can advisors navigate those circumstances and
  • How structuring can be valuable in complying with PCG 2021/4

Presenter
Alex Sceales, CTA, Sceales Lawyers

Tax Update Presenter
Rupert Cheong, Alpha Accountancy

24 August 2022
7:30 AM - 9:00 AM
1.50 CPD hours

 

With the property market running hot nationally, there have been a significant uptake in the number of property development undertakings. This session aims to raise awareness of the tax matters associated with particularly small scale or first-time property developers.

 

Presenter
Daniel Pegdon, CTA, Moore Australia

Tax Update Presenter
Rupert Cheong, Alpha Accountancy

21 September 2022
7:30 AM - 9:00 AM
1.50 CPD hours

 

The payroll tax grouping provisions are complex. Very often, businesses are unaware of the triggers and, therefore, when the grouping provisions may apply. This may lead to over-claiming of payroll tax thresholds or, in some cases, not registering for payroll tax obligations in the first place. 

Assessments of liability for six years plus penalties mean that the implications for getting it wrong are severe.

However, in certain circumstances, there is a discretion available to the Commissioner to exclude an applicant employer from a group, where the applicant employer satisfies the Commissioner of certain matters.

Using case studies, this session will explore:

  • The payroll tax grouping provisions
  • Practical insights in relation to application of these provisions 
  • The circumstances in which the exclusion discretion may be considered and
  • The impact of the numerous court and tribunal decisions that have tested these provisions

Presenter
Tony Ince, CTA, Moore Australia

Tax Update Presenter
Tracey Dunn, RSM Australia

26 October 2022
7:30 AM - 9:00 AM
1.50 CPD hours

 

Financial Agreements are often regarded as complex and difficult instruments by lawyers, accountants, and other professionals. Many family lawyers refuse to prepare them. Recently there appears to be a change in thinking as there is a generational shift in asset redistribution. In this presentation/session we hope to inform you of the value of financial agreements.

Presenter
Dr Steven Cohen, HHG Legal Group

Tax Update Presenter
Tracey Dunn, RSM Australia

23 November 2022
7:30 AM - 9:00 AM
1.50 CPD hours

       


 

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