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Recorded Webinars
Recorded Webinar: Am I Carrying on a Business? Unpacking the Tax Outcomes
The issue of whether or not a client’s activities amount to a business has always been a problematic area for practitioners. This is further complicated by the fact that several concessions within the income tax law require taxpayers to be carrying on a business (e.g. the small b
PRESENTED BY
Philip de Haan
Partner, Thomson
Date/Time
About the Webinar
The issue of whether or not a client’s activities amount to a business has always been a problematic area for practitioners. This is further complicated by the fact that several concessions within the income tax law require taxpayers to be carrying on a business (e.g. the small business entity concessions). This session examines the following areas:
- The ATO definition of carrying on a business – TR 97/11 and TR 2019/1
- Am I a small business entity (SBE)?
- Concessions available to SBEs
- Calculating turnover
- Small business CGT concessions, active assets and the carrying on of business?
- Eichmann, being Eichmann v Commissioner of Taxation [2020] FCAFC 155.
- Application of small business CGT concessions to investment assets – TD 2019/D4
- What supporting documentation is required when applying for a private ruling on carrying on a business?
Presented By
Philip de Haan
Partner, ThomsonWho Should Attend?
This webinar is suitable for accountants advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Accountants can claim up to 1 CPD/Training hour. FASEA – category “Technical Competence” – 1 hour. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]