2014 SPECIAL FEATURES
Crossing the border – international tax implications
Tax consequences on:
BECOMING AN AUSTRALIAN RESIDENT OR TEMPORARY AUSTRALIAN RESIDENT
CEASING TO BE AN AUSTRALIAN RESIDENT OR TEMPORARY AUSTRALIAN RESIDENT
Transfer pricing rules:
UNDERSTAND THE RECENT CHANGES
Insurance and Tax
Common types of personal and business insurance.
The taxation treatment of premiums and proceeds including:
Fringe Benefit Tax — an update
Overview of the most commonly provided fringe benefits and recent developments including the changes to the treatment of:
Personal Services Income — so you pass the tests, what now
Personal services income and implications for the purposes of:
Accounting for the tax consequences.
Personal services business and implications for the purpose of:
Accounting for tax issues
Unpaid present entitlements.
Attributing personal services income.
Deemed dividends under Div 7A.
Transactions in the course of liquidation of the company.
The small business CGT concessions.
Other tax events.
At the crossroads — 2014 and 2015
The Federal Budget announcements.
Tying up loose ends to the 2013-14 income year.
Getting ready for the 2014-15 income year.
Dividend imputation — so simple or just forgotten?
Features of the imputation system that may have faded from memory, including:
PAYING DIVIDENDS AND THE DISTRIBUTION STATEMENT
THE BENCHMARK RULE
THE SIGNIFICANT DISCLOSURE RULE
ANTI-AVOIDANCE MEASURES – DIVIDENDS STREAMING AND STRIPPING
FRANKING DEFICIT TAX
THE HOLDING PERIOD RULES
Getting money out of companies
Taxation implications of:
ACCESSING COMPANY PROFITS BY WAY OF:
DIVIDENDS, LOANS AND PAYMENTS
Superannuation — how to get your money out
Taxation of superannuation benefits, including:
PENSION AND LUMP SUM BENEFITS
RECENT ATO GUIDANCE
The $6 Million MNAV test — are you under or over
The $6 million maximum net asset value test and related issues including:
IDENTIFYING A CONNECTED ENTITY
WHO IS AN AFFILIATE
LIABILITIES THAT ARE RELATED TO AN ASSET
PERSONAL USE ASSETS
WHAT IS MARKET VALUE
RECENT DEVELOPMENTS ARISING FROM CASE LAW
Employers’ responsibility for and obligations in respect of:
SUPERANNUATION GUARANTEE CONTRIBUTIONS
Working out whether the service provider is a contractor or an employee and the implications of getting it wrong.