Certificate of Individual Tax Preparation
Ensuring you have staff with sufficient technical skills ahead of the annual tax season is essential for doing the best job you can for your clients and ensuring they return to you next year. This course will place you ahead of the pack. Its content is among the most comprehensive and authoritative in Australia. As well as providing you with the best possible preparation, this course is a valuable addition to any CV.Course Outline An introduction to Australian Taxation An overview of the Australian Taxation System and the ATO Who needs to lodge a return Due dates for lodgement The elements of the tax return The front cover Income Concepts of assessable, exempt and nonassessable income The income items of the tax return Payment summaries Allowances Lump sums ETP’s Government allowances Superannuation and pensions Personal services income Reportable fringe benefits Interest and dividends Supplementary Income (including capital gains) Partnerships and trusts Personal services income Net income or loss from business Deferred non-commercial business losses Net farm management deposits or withdrawals Capital gains – including frozen indexation and CGT discount methods Foreign entities Foreign source income and foreign assets or property Rental properties Bonuses from life insurance companies and friendly societies Other income Deductions Deductibility provisions and substantiation Work related deductions Depreciation calculations – including preparation of depreciation schedules Education expenses Interest and dividend deductions Other deductions The tax calculation Calculation of tax payable on taxable income Medicare Adjustments CreditsRebates and offsets Concepts of offsets vs deductions Spouse and housekeeper rebates Low income aged person rebates Super rebates Private health insurance Zone rebate Other rebates Family Tax Claim alternatives Rates and taxable income limits FTB worksheets Medicare Reductions and exemptions Calculations Senior Australians Medicare levy surcharge Other items Lump sum payments Demonstration of tax preparation software packages» PrerequisitesNone» AssessmentOn completion of this course, attendees will be provided with a Certificate of Participation.» Duration4 Days - 9:00am to 4:00pm.» Cost$1,299.00 (Inc GST) per person.Send 2 or more people for only $999.00 each!» DatesPlease note; this course is only held once a year in June and July.» RegistrationDates to be advised.» Can't Attend?This course is now available on DVD for $699» More InfomationIf you require more infomation please don't hesitate to contact us.