Advisers Digest Pty Ltd

Only a couple more hours left until we wrap up our final Sydney Tax Training Day for the year. A big thankyou to all of the delegates for attending, was great to see some familiar faces and some new ones too. Peter Johnson started off this morning presenting on Super Death Benefits Strategies. He ran through the strategies that clients can put in place (from quite a young age) to ensure that their adult children pay no death benefits tax if they receive their parent’s super. Jo-anne Hotston followed this with a comprehensive Quarterly Tax Update, where she provided insights into the latest in taxation from the past 3 months. Then after lunch and some mingling between delegates and sponsors, we are back for Jo-anne's Succession Planning topic. This event wouldn’t be possible without the generous support of our exhibitors Jirsch Sutherland, TABS - Super Fund Auditors, Accountancy Insurance & Practice Advantage Thankyou for all the support of our attendees and sponsors throughout 2024 and we look forward to seeing you at our Tax Training Days again in 2025. #SydneyTaxTraining #CPDForAccountants #AccountantNetworking #ProfessionalDevelopment #AdvisersDigest #TaxTrainingDays2025

ATO audits are the stuff of nightmares for both accountants and clients. They can turn into messy, expensive and time consuming affairs if you’re not armed with the right knowledge and strategies. Often, too many accountants are caught off guard, scrambling to respond to the ATO’s requests. ➡️https://bit.ly/3zPipKQ Don’t wait until the ATO comes knocking - be ready by joining our masterclass, Dealing With ATO Audits Presented by Senior Tax Counsel Peter Adams, you'll get insight from an expert who has spent years mastering the ins and outs of ATO reviews and audits. This isn’t just theory or standard compliance talk – it’s packed with practical strategies and insights that put you in control of the audit process. Here’s what we’ll cover: ✅Legal force of ATO rulings, determinations and interpretative decisions ✅Requirements to lodge and make full and true disclosure in tax returns ✅Limitations of the Commissioner’s search and access powers ✅Fundamentals of the ATO audit and review processes, including taxpayers’ right to disclosure ✅Scope and effect of Australia’s tax penalty regime ✅And much, much more... Plus, get 3 hours of CPD Session 1: 1:30-3 PM, Thursday, 7 November 2024 (AEDT) Session 2: 1:30-3 PM, Thursday, 14 November 2024 (AEDT) Click here to learn more or register ➡️https://bit.ly/3zPipKQ #ATOAudits #TaxAuditMasterclass #DealingWithATOAudits #ProfessionalDevelopment #CPDForAccountants #TaxTraining #AccountantTraining #AdvisersDigest

Capital Allowances can provide taxpayers with a lot of tax relief.  These can be by way of generous depreciation rates other allowances such as building allowance. There is also generous provisions relating to Small Businesses. ➡️https://bit.ly/4dKTTbW But there are also some complications with things like balancing charge adjustments and pooling.  That's why Peter Johnson is presenting our Capital Allowances webinar next month, where he'll go through the rules relating to depreciation and other capital allowances with references to the small business rules as well as temporary full expensing. This is a fundamental webinar perfect for junior accountants or more experienced professionals needing a refresher. Specifically we'll look at: ☑️Division 40 depreciation allowances ☑️Division 43 special capital allowances ☑️Small Business Allowances ☑️Pooling ☑️Balancing Charge Adjustments ☑️Special rules for cars ☑️Case studies 12:00 PM, Wednesday, 27 November 2024 (AEDT) 100% online, presentation slides and recording are included. To join us, register here ➡️https://bit.ly/4dKTTbW #CapitalAllowances #TaxTrainingWebinar #CPDForAccountants #OnlineTaxTraining #AccountantTraining #ProfessionalDevelopment #TaxAdvisory

Happy Friday. Sharing some pictures of our Tax Training Day event on the Gold Coast today. We've got a couple more hours left of the presentation then we'll enjoy some post-session drinks (on us). ➡️ https://bit.ly/3XRDb4p The first half of the session Peter Johnson covered Super Death Benefits Strategies, running through the strategies that your clients can put in place (from quite a young age) to ensure that their adult children pay no death benefits tax if they receive their parent’s super. Next, we looked at Professional Practice Income & Streaming where he covered the specific requirements laid down by the ATO highlighted the key tax implications arising from the incorporation of professional practices, including some tips, traps and planning opportunities associated with it. Now we're diving into a Quarterly Tax Update to give everyone a look at the latest changes in taxation from the past 3 months. Thank you to Jirsch Sutherland, TABS - Super Fund Auditors and Practice Advantage for sponsoring this event, we appreciate your support. Also a big thank you to the attendees for coming along to the Gold Coast to join us. Our next Tax Training event on the Gold Coast will be Documenting Common Transactions if you're keen to come along. If you're interested here's the details: Friday, 29 November 2024, 2-5PM Advisers Digest Office, Southport, Gold Coast You'll get 3 hours of CPD, the chance to learn some useful knowledge and network with other accountants. We've designed these events to be interactive, engaging and intimate so we can work through real-life scenarios together. Here's the link to learn more ➡️ https://bit.ly/3XRDb4p #TaxTrainingGoldCoast #CPDForAccountants #GoldCoastEvent #AccountantTraining #ProfessionalDevelopment #AdvisersDigest

We all know how complex the small business CGT concessions are. As one of the most crucial topics in the tax framework, it's also one of the most challenging to get right. There are countless conditions you have to meet, eligibility rules, specific orders of application to follow, the list goes on. Wading through all of this on the ATO website can be time-consuming and overwhelming. That's why we've developed an online program, Tackling The Small Business CGT Concessions: A Series By Peter Johnson. We have turned our popular webinar series into a self-paced, flexible program designed for the busy accountant. It's 8 modules in total over 8 weeks. The first 7 weeks is the main content modules where you'll gain a deep comprehension of the concessions and how they are applied. With each module you'll get the recording, slides, workbook, quiz, case study and 1 hour of CPD. The 8th module (bonus session) is a case studies focused workshop session where we work through the case studies in detail, so you're fully prepared for practical, real-life application. Not only will you earn 7 hours of CPD, you'll get a detailed understanding of how to apply the concessions and valuable knowledge to assist you when structuring new clients or restructuring existing clients. Here's the link to learn more or register ➡️https://bit.ly/3TAICmt #SmallBusinessCGT #CGTConcessions #AustralianAccountants #CPDEducation #ProfessionalDevelopment #AccountingSkills #BusinessAdvisory #AccountingCourses

We've got a free video for you where Peter works through a technical accounting question that got sent in to him and we wanted to share it with you. Here's the link to the full video ➡️ https://bit.ly/3Yu2sDu This video looks at the 4 tests to be considered a resident, does this client meet at least one? What will it mean for someone who received a lump sum payment one month into living and working in Australia...yet they did not commit to it until a month later. Our Accountants Video Vault series tackles challenging client queries sent in by real practising accountants relating to tax, companies, trusts and more. It's a great way to stay up-to-date on technical topics in a digestible format. If this particular video piques your interest, we also offer a video vault with over 70 technical videos accessible anytime. #Taxadvice #Taxstrategy #TaxforAccountants #AdvisersDigest #TaxVideos #PeterJohnson #videos #accountant

[FREE webinar] The last 6 months have brought big changes in the SMSF and super space—contribution caps have increased, and the Superannuation Guarantee rate has shifted. These updates create both opportunities and extra complexity for accountants. ➡️ https://bit.ly/4eMLvcX Staying on top of it all can feel like a full-time job... but we've got you covered Join us for our FREE 1-hour Bi-annual SMSF Update webinar, presented by Peter Johnson, where he'll walk you through the key changes. Whether you're advising clients or managing super funds, you’ll get all the essential updates you need to stay ahead. 📅 Friday, 22 November 2024, 12PM (AEDT) 🎓 1 hour CPD (when you join us live) What Peter will cover: ✅Legislation that’s passed ✅New legislation introduced ✅Key ATO rulings and announcements ✅Relevant court and AAT judgements ✅Private Binding Rulings impacting SMSFs ✅And much, much more... Plus, we'll be sharing actionable strategies to take back to your clients, so you can help them navigate these changes smoothly. To join the webinar completely free click here ➡️ https://bit.ly/4eMLvcX

Today our founder, Peter Johnson is speaking at the SMSF Adviser Technical Strategy Day in Brisbane. If you want to join him in Melbourne or Sydney, you can still purchase tickets. ➡️ smsfstrategyday.com.au He'll be sharing insights alongside some of the most respected names in our industry, ensuring you walk away with a comprehensive understanding of the latest developments impacting SMSFs. Peter will be presenting on Unlocking SMSF strategies for older clients: Navigating pensions, contributions, and tax planning This will cover:  🔹The impact of policy proposals: Understanding how the latest policy proposals, including the proposed $3 million threshold, affect older SMSF clients and practical approaches to managing any resulting impacts. 🔹Effective strategies for structuring pension payments to optimise outcomes for older clients and maximise retirement income. 🔹Tax planning strategies aimed at minimising tax obligations for future beneficiaries while ensuring compliance with regulatory requirements. 🔹CGT concessions related to selling a small business, offering comprehensive guidance on navigating this aspect of SMSF strategies. 🔹And much, much more... You can save money on your ticket by entering the special code PETER when registering. Come along to earn some CPD hours and some valuable SMSF knowledge Here's the link to join ➡️ smsfstrategyday.com.au

Here's a snippet of Session 1 of The Lifecycle of GST masterclass that was presented last week. Want to join us for session 2? ➡️https://bit.ly/3MvgrCi Session 1 started with the fundamentals, answering when your activity is an enterprise and when you need to register and not register for GST. We then moved on to commencing the enterprise, including set up costs and claiming ITC's. Then we looked at some special expenses – insurance, local council approvals and other licenses and also finance and GST (leases, HP, chattel mortgages) In session 2, we'll dive into adjustment events, changes in creditable purpose, mixed supplies, and the sale of a business or business assets. We'll also explore the sale of a going concern, cancelling your GST registration when selling or closing down, the sale of commercial premises, and the specific issues that arise when carrying on a business of property development. If you want to join us for session 2 its not too late, you'll get instant access to the session 1 recording so you can catch up before this weeks masterclass. In total, you'll receive 3 hours of CPD too. Session 2: This Thursday, 17 October 2024, 12:30PM AEDT Here's the link if you're interested, I hope to see you there ➡️https://bit.ly/3MvgrCi #LifecycleOfGST #GSTMasterclass #GSTCompliance #GSTRegistration #TaxTraining #CPDForAccountants #GSTForAccountants #TaxEducation #AustralianAccountants #ProfessionalDevelopment #AdvisersDigest

[$59 Webinar🚨] The ATO’s stance on Personal Services Businesses (PSBs) and Part IVA is evolving, offering accountants a valuable opportunity to stay ahead and provide stronger guidance to clients. Whether you're confident in income splitting through PSBs or unsure how Part IVA fits in, clarity is essential. ➡️ https://bit.ly/4dBhZG0 So, where does the ATO stand? Join us for our upcoming webinar, Personal Services Businesses & Part IVA – The ATO’s View, where our founder, Peter Johnson, will guide you through the ATO’s draft Practical Compliance Guideline (PCG 2024/D2) and its real-world implications for your clients. In this 1-hour webinar, we’ll dive into: ✅Meeting PSB requirements, including the PSI tests ✅Understanding the Part IVA risks ✅Recognising high and low risk arrangements ✅Practical examples and case studies ✅And much more… Not only will you gain practical, actionable knowledge, but you’ll also earn 1 CPD hour (if you attend live). 🚨 This webinar is only $59 until Monday (14th) so don't miss out on this great deal. Can’t make the live session? You can purchase the recording for the same price. If you want to join us live and also look back at key insights later on, choose our bundle option for just $99, and get access to both the live session and the recording Click here to register ➡️ https://bit.ly/4dBhZG0 #PersonalServicesBusinesses #PSBWebinar #PartIVA #TaxAdvisory #ProfessionalDevelopment #TaxStrategies #CPDForAccountants #TaxLawAustralia #TaxConsulting #WebinarTraining #AustralianAccountants