Victorian State Taxes Conference 2018
We’ve assembled the key state tax updates and strategies you’ll need to keep your clients happy all in one day. Delivered by the SRO, legal and accounting leaders who have their finger directly on the pulse of everything you need to know about state taxes, this unique conference offers a one-stop-shop for all the information and tactics your clients will demand from you.
Description
Attend and earn 7 CPD Hours/Points
This conference was recorded in VIC on 15 November 2018
Session 1
Payroll Tax Strategies
Chair: Andrew Hosken, Senior Manager, Employment Tax Advisory, KPMG
9.00am to 9.20am: KEYNOTE ADDRESS FROM THE SRO: Payroll Tax: What Attracts the SRO’s Attention
An overview of the SRO's compliance strategy
- Business intelligence and profiling
- Some things we are looking for
- Our responsibility in reporting to government on the efficacy of the legislation
Presented by Scott Leggo, State Revenue Office Victoria
9.20am to 10.05am: Understanding Nexus Provisions
We operate in a fast moving global economy with an increased emphasis on the flexibility and mobility of key employees, both interstate and internationally. Examine the nexus provisions in detail and consider:
- The nexus provisions: how they operate
- Are employers reporting to the correct State Revenue Office?
- Tracking and reporting mobile employees
- What are the consequences of incorrect reporting?
- Real client examples
Presented by George Bendall, Director, Grant Thornton
10.05am to 10.20am Morning Tea Break
10.20am to 11.15am: Engaging Contractors and Mitigating the Risks
- Employee vs contractor
- A look at the evolving ‘employee – contractor’ distinction
- Distinguishing between employees and contractors
- What are the recent cases saying?
- The ‘relevant contractor’ provisions: when are you in and when are you out?
- When does payroll tax apply to contractor engagements?
- When do the exclusions from the ‘relevant contractor’ rules apply?
- Managing the payroll tax risks
- What steps can companies take to manage contractor engagements?
- What are the risks of getting it wrong?
Presented by Rick Kimberley, Director – Tax, Deloitte
11.15am to 12.15pm: Payroll Tax and Employment Agency Contracts: Practical Application and Impacts
The employment agency contract provisions are very broad and could be applied to a number of different business models and common business transactions. This session will examine a number of different situations to consider:
- Whether the provisions apply
- Should the provisions be applied?
- What the payroll tax consequences would be
Analyse the merits of the possibilities and consider what ‘safe harbour’ profiles could be applied to allow surety for taxpayers and commercial outcomes for all.
Presented by Stefanie Merlino, Director, PwC
12.15pm to 1.15pm: Ongoing Grouping Issues Across the Jurisdictions
- The grouping provisions: their purpose and broad application
- Structuring for business and investments: the payroll tax issues
- De-grouping: the provisions that allow the revenue authority to ‘de-group’ employers
- Ways to assist clients with practical compliance and considering the de-grouping application
Presented by Scott Pease, Director, PPM Tax & Legal
1.15pm Networking Lunch
Session 2
Land Tax, Stamp Duty and Landholder Duty Intensive
Chair: Josh Chye, Partner and Head of Tax, HLB Mann Judd
2.00pm to 3.00pm: Recent Rulings from the Courts and State Revenue Office
Explore significant, recent rulings from SRO and court decisions dealing with duty and land tax, including:
- The Court of Appeal decision in Commissioner of State Revenue v Danvest Pty Ltd [2017] VSCA 382
- The Supreme Court decision in Central Park Estate (Vic) Pty Ltd v Commissioner of State Revenue [2018] VSC 1
- The SRO rulings including corporate grouping for land tax and the application of duty to leases
Presented by Dr Keith Kendall, Partner, Rigby Cooke Lawyers; CTA
3.00pm to 4.00pm: Land Tax Issues that Accountants Need to Know
Gain exclusive insights from the State Government into their requirements, what is raising red flags on their radar and what is in the pipeline for land tax. This is your opportunity to have a live Q&A. Bring all your questions on land tax.
Presented by Scott Leggo, State Revenue Office Victoria
4.00pm to 4.15pm Networking and Refreshment Break
4.15pm to 5.15pm: Landholder Duty and Stamp Duty
- Transfer duty on non-land assets
- Sub-sale rules
- Foreign purchaser additional duty
- Landholder duty
- Common exemptions
Presented by James Hamblin, Special Counsel, MinterEllison
5.15pm Closing Comments by the Chair