Content tagged Webinar Recording

Webinar Recording

Tax concession-ruiners and post-election tax outlook

Nexia Australia invites you to watch this informative webinar recording that could help make a big difference for your business.

This session is relevant for all business owners, no matter where you are in your business lifecycle.

Expecting those capital gains tax concessions upon exiting your business?  Not so fast…

At Nexia, we enjoy working with business owners throughout their business lifecycle – start-up, growth, maturity, exit.  We believe that business owners should be rewarded for what they do – providing value to your customers, taking on risk, and creating employment and wealth in the process. 

Having advised on many business sales over the years, we have seen situations where things featured in a business years before being sold which caused a near-miss of denying one or more of those generous tax concessions.  Unfortunately, there have been some occasions that could not be salvaged.  Some planning in the years before the sale would have preserved those generous concessions.

It is heart-breaking after pouring all those years of hard work into their business, only to see up to 47% of their reward disappear in tax. That’s a long way from a possible 0% disappearing, if only those matters had got a little attention in the years before.

Post-election outlook

Despite the absence of any bold tax reform proposals, there are a number of significant matters relating to administering existing laws that will impact businesses and investors.  These include the Australian Taxation Office’s renewed focus on anti-avoidance rules that target trust distributions, and allocating profits of professional firms in architecture, engineering, financial services, law, medicine and other fields.

The webinar recording covers the following:

  • Sleeper issues in your business now that could deny you generous tax concessions upon eventual sale, even years down the track
  • What you can do to neutralise these concession-ruining issues
  • Post-election tax outlook, including the ATO’s anti-avoidance focus on trust distributions and professional firms
  • Planning ahead keeps money in your pocket

Webinar Materials and Handouts

Webinar Slide Pack


If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.

Webinar Recording

Tax concession-ruiners and post-election tax outlook

Nexia Australia invites you to watch this informative webinar recording that could help make a big difference for your business.

This session is relevant for all business owners, no matter where you are in your business lifecycle.

Expecting those capital gains tax concessions upon exiting your business?  Not so fast…

At Nexia, we enjoy working with business owners throughout their business lifecycle – start-up, growth, maturity, exit.  We believe that business owners should be rewarded for what they do – providing value to your customers, taking on risk, and creating employment and wealth in the process. 

Having advised on many business sales over the years, we have seen situations where things featured in a business years before being sold which caused a near-miss of denying one or more of those generous tax concessions.  Unfortunately, there have been some occasions that could not be salvaged.  Some planning in the years before the sale would have preserved those generous concessions.

It is heart-breaking after pouring all those years of hard work into their business, only to see up to 47% of their reward disappear in tax. That’s a long way from a possible 0% disappearing, if only those matters had got a little attention in the years before.

Post-election outlook

Despite the absence of any bold tax reform proposals, there are a number of significant matters relating to administering existing laws that will impact businesses and investors.  These include the Australian Taxation Office’s renewed focus on anti-avoidance rules that target trust distributions, and allocating profits of professional firms in architecture, engineering, financial services, law, medicine and other fields.

The webinar recording covers the following:

  • Sleeper issues in your business now that could deny you generous tax concessions upon eventual sale, even years down the track
  • What you can do to neutralise these concession-ruining issues
  • Post-election tax outlook, including the ATO’s anti-avoidance focus on trust distributions and professional firms
  • Planning ahead keeps money in your pocket

Webinar Materials and Handouts

Webinar Slide Pack


If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.

Webinar Recording

2022 Financial Reporting Update

Keep up to date with the latest local and international developments affecting financial reporting.

Nexia Australia invites you and your colleagues to watch this webinar as our financial reporting specialists explore:

  • The key accounting standards changes for 30 June 2022, including accounting for cloud computing arrangements;
  • What the end of special purpose financial reports means for for-profit entities;
  • Legislative changes affecting companies, directors and ACNC registered charities;
  • Other focus areas for 30 June 2022 reporting; 
  • and more.

Who should watch this webinar recording?

This webinar is recommended for Chief Financial Officers, Financial Controllers and Finance Managers.


Webinar Materials and Handouts

Webinar Slide Pack

New Accounting Standards

SDS School Example

Accounting Update - Accounting for Cloud Computing Arrangements

Accounting Update - Financial Reporting Changes for Charities


If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.

Webinar Recording

2022 Budget - Pre-election bonanza!

Treasurer Josh Frydenberg delivered the 2022 Budget on Tuesday, 29 March.

Last year’s Budget focused on supporting the post-pandemic economic rebuild, and businesses getting back to business. Delivered ahead of the upcoming election, this year’s Budget will likely pivot in its priorities.

An online briefing was hosted by Nexia Australia on the morning of Thursday, 31 March.

This webinar recording focusses on:

  • Key announcements affecting businesses, business owners, and high net worth individuals 
  • What they mean for you
  • Panel discussion

A panel of Nexia’s experts will join our lead host National Tax Director, David Montani, to discuss what’s on offer in this pre-election Budget.


Webinar Materials

Webinar Slide Pack

 

If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.


Grab your copy of our 2022 Federal Budget Summary.

Our Nexia team across the country have put together a comprehensive summary of the 2022 Federal Budget Announcement, which includes the key measures announced, and what they mean for you.

Read our full summary

Webinar Recording

The latest practical insights for the Education Sector

In this webinar recording, our education specialists  cover a range of timely topics and provide a number of key practical insights that you should be aware of.


Webinar Materials and Handouts

Presentations:

Accounting Update

Employment Taxes

Automating your workflows

Supporting documents:

Accounting Update - Mandatory DIN Regime Commences

Accounting Update - Simplified Disclosures - Tier 2 Financial Reports

New Accounting Standards & Int Dec 2021

SDS School Example Pty Ltd - Financial Report 2021

Accounting Update

Topics covered:

  • The financial reporting changes for 31 December 2021;
  • How the introduction of Director ID numbers will affect the sector;
  • Planning for the new Simplified Disclosure Standard; and
  • Future developments to NFP financial reporting.

Employment taxes

The distinction between employee and contractor can be complex at times.

You need to consider the facts and circumstances to determine the relevant employment taxes that apply to these payments.

Topics covered:

  • The employee and contractor distinction and popular myths surrounding the use of contractors in organisations.
  • Superannuation Guarantee and other employment tax updates, including insights and specific considerations relevant for the Education sector.

Automating your workflows

How efficient are your workflows?

We will highlight the building blocks necessary to improve efficiency and effectiveness of workflows in your school or college.

Topics covered:

  • How to break workflows down into;
    • collecting the required data
    • using it to make decisions
    • recording the results in your core systems.
  • How to apply these processes to the workflow for applying, approving and recording leave. We will use one of our South Australian school clients as an example.
  • Leveraging the technology in smart phones to enhance workflows, with examples.

If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.

Webinar Recording

Taxation and Succession Planning for the Wine and Viticulture Industry

With the 2021 financial year ending on 30 June, will you be ready? Watch this webinar recording to learn about the important tax effective strategies that you should be considering this financial year.

The webinar recording covers:

  • Key budget insights relating to your business
  • End of year stock value and bad debt
  • Instant asset write-off regime (including full expensing)
  • Scrapping of plant and equipment
  • Trust distribution resolutions
  • Superannuation, including payment deadlines to avoid potential penalties
  • Other important issues for SME

We also take you through the importance of a good succession plan to ensure you have the appropriate measures in place and you are structured correctly for the optimal result and maximum concessions.

Webinar slide pack

Presentation slides


If you have any questions regarding the contents of this webinar recording, please contact your local Nexia Advisor.

Webinar Recording

Innovative Thinking In the Wine Industry

“Nothing changes if nothing changes.”

Innovation in business is crucial for growth and growth is critical for success. This is particularly true in the wine industry.

In this webinar recording Nathalie Taquet, CEO of eBottli joins Nexia Edwards Marshall Director, Raoul Stevenson, as they discuss innovations and new technologies within the wine industry and areas where improvements are still needed.


If you have any questions regarding the contents of this webinar recording, please contact your local Nexia Advisor.

Webinar Recording

2021 Financial Reporting Update

Keep up to date with the latest local and international developments affecting financial reporting.

Nexia Australia invites you and your colleagues to watch this webinar recording as our financial reporting specialists explore:

  • The key accounting standards changes for 30 June 2021;
  • The end of special purpose financial reporting by for-profit entities;
  • Legislative changes affecting companies, directors and registered charities;
  • The future of not-for-profit reporting framework;
  • ​and more.

Who should attend watch this webinar?

This webinar is recommended for Chief Financial Officers, Financial Controllers and Finance Managers.


Webinar Materials and Handouts

Webinar Slide Pack

New Accounting Standards


If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.

Webinar Recording

Division 7A loan repayments

Division 7A loan repayments - The emerging problems with common practices… and solutions

Nexia Australia invites practitioners to watch this webinar recording on one of the most important matters for which clients look to you to manage on their behalf.

Division 7A is a topic for which every SME practitioner must have a working knowledge.  However, there are flaws in some established practices for effecting the minimum annual repayment.  This exposes your client – and you, the tax agent – to risks, and awareness is growing.  However, there are solutions, and simple ways of implementing them. 

This session is for practitioners of all levels of experience, and a good precursor to a future session on the long-awaited reforms to Division 7A.

This webinar recording covers:

  • Loan repayments by direct set-off against a dividend:
    • What if the minutes or dividend statement are prepared late?
    • Compromise the minimum annual repayment?
       
  • Loan repayments by round-robin set-off against a dividend:
    • Circular round of payments by journal entries
    • Not legally effective payments – Division 7A breach!
    • ATO’s position?
    • Asset protection risk
       
  • Solutions to ensure Division 7A repayments each year are effective, including:
    • Utilising a template assignment deed available for purchase from a law firm
    • Template letter that will accompany the above
    • Process for educating clients, implementing for those who give the go-ahead, and covering your tax agent risk for those who don’t
       
  • Practical examples

Webinar Materials

Webinar Slide Pack


If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.

Webinar Recording

2021 Budget - The Rebuild Continues

Treasurer Josh Frydenberg delivered the 2021 Budget on Tuesday, 11 May.  Last year’s Budget was delivered amidst a number of economy-supporting measures, which are now winding down.  We anticipate this year’s Budget will focus on supporting economic rebuild, and businesses getting back to business.

Nexia Australia hosted an online briefing on the morning of Thursday, 13 May.  In this webinar recording, our panel of experts talk through what the Budget means for you and/or your business.   

The recording focuses on:

  • Key announcements affecting businesses, business owners, and high net worth individuals 
  • What they mean for you
  • Panel discussion

A panel of Nexia’s experts join our lead host National Tax Director, David Montani, to discuss the key Budget measures.


Webinar Materials

Webinar Slide Pack


If there is any aspect of this webinar you are unsure of, please contact your local Nexia Advisor.