Webinars
Derek will explain:
What a SMSF is and how it differs from regular super funds.
Who should consider an SMSF (pros & cons).
The key legal & regulatory requirements (trust deed, trustee obligations, etc.).
The step-by-step process to set up an SMSF.
What it will cost – both the setup fees and ongoing running costs.
The structure you choose can mean the difference between paying too much tax or saving thousands. We reveal the smartest way to own property for tax savings, asset protection, and long-term wealth. Each option has very different tax outcomes, risks, and flexibility.
Everyone is different so its a must watch webinar.
The big question 'Can my SMSF do a Property Development?'
THE ANSWER IS YES
Derek will explain 4 options and the rules you must follow.
We speak to many investment property owners who are not sure how much capital gains tax they will need to pay when they decide to sell. They fear the unknown, they fear that their capital gains tax will cut into their profits, so instead of selling they keep the property.
Derek will eliminate the fear of capital gains tax and give you a greater understanding of how you can save money and keep your profit.
The ATO is now reporting business to credit reporting bureaus/agencies who have large outstanding debts, over $100,000 or 90 Days Overdue.
Derek will explain what this means, what you need to do, and how it could affect your business.
Many property owners understand the "Market Value and Pro-rata" capital gain calcuation methods when selling their investment property. But many don't know about an additional step "Cost Base - The 6 Element Rules" when calcualting their cost base.
Derek will explain how you can reduce your capital gains tax using these rules from $200,000 to only $5,000.
PSI is income that is mainly produced from your personal skills and efforts in almost any industry, trade or profession.
In this webinar, Derek will discuss:
What is PSI?
What is the Personal Services Business (PSB) test?.
What are the mistakes individuals make.
What you can do to avoid PSI tax.
Not all companies business btructures are the same. Some has a trust, holding company even bucket company, or all 3.
Derek will explain the difference of these structures and the best scenario for you.
The ATO is targeting business owners who buy personal assets ie. cars over $65,000 in their own name with low income. "How can you afford a $100,000 car on $20,000 income" This also includes other assets such as Fine Arts, Boats and Caravans.
Derek will explain what the ATO "lifestyle" Data Matching is all about and the role of your insurance company to supply information.
Derek explains the important dates for this financil year and how each calendar is customised for each client.
Derek explains what a BARE TRUST is. How is works in a Self Managed Super Fund and what you must know.
Land Tax has nothing to do with the ATO, but accountants like myself are always asked "How is Land Tax Calculated?" so here is my answer to help you understand.
In our latest webinar recording, Derek will explain the 2 methods of Calculating FBT (Statutory and Operating cost method, the calculation formulas, and what you need to be aware of as business owners.