GST Masterclass
Issues covered include: GST, Goods and Services Tax, Property Development, Going Concern, E-Commerce, Audit
Description
It’s a half day GST Masterclass that answers all your questions! GST touches every part of tax advice, every day. While it has been almost 20 years since the introduction of GST, dealing with GST becomes more and more complicated now. Catch up with a practical guide on GST and a whole host of items: property developments, going concerns and e-commerce. Plus, receive a comprehensive checklist on how to effectively handle a GST audit when things go wrong. It is a Masterclass that every tax adviser needs
Chair: Rachel O’Donnell, Special Counsel, Hall & Wilcox
9.00am to 9.45am: All your GST Questions Answered
- Are tax invoices are still an issue?
- Do charities and DGRs (deductible gift recipients) have to pay GST?
- How long can residential premises be new residential premises?
- How are joint ventures and partnerships treated differently for GST purposes?
- How complicated can tripartite arrangements be?
- Where is the line drawn for GST free food and medical goods?
- Are non-resident entities and their Australian agents liable to GST and entitled to input tax credits?
- What are the differences between GST free farmland and GST free going concerns?
- What are GST consequences of external and in-house litigation funding?
- What are Adjustment Events?
- Commercial settlements: what is required of lawyers and accountants?
- What rules relate to apportionment, allocations and nexus
- What is the impact of giving cash cards as incentives to customers?
- What are the GST issues for insolvency practitioners?
- Is the taxation of Zombies a serious topic?
Presented by Ken Fehily, Director, Fehily Advisory; Chartered Tax Advisor
9.50am to 10.35am: Key GST Issues in Property Development
- GST treatment of various property sales
- The new GST withholding regime: protecting your clients
- Are any of your clients accidental property developers? And how can you assist them?
- Margin scheme: Can your clients use it? Should they use it?
- GST and property: other useful concessions and traps you should be aware
Presented by John Russell, Senior Associate, MinterEllison
10.40am to 11.30am: Practical Tips and Traps on Going Concern
- The importance of the identification of the relevant ‘enterprise’
- Are ‘all things necessary’ for the relevant ‘enterprise’ being supplied?
- Is there a sufficient ‘agreement’ to apply the margin scheme (what about cascading clauses)?
- Adjustments under Division 135: don't get caught out
- Who bares penalties/ interest if going concern treatment fails?
Presented by Cameron Forbes, Special Counsel, Clayton Utz
11.35am to 12.25pm: GST and E-Commerce: Issues that Must be Considered
- GST issues and the customer experience when purchasing online
- GST systems set up
- GST issues for B2C versus B2B
- The GST treatment of loyalty programs, vouchers and discounts
- Selling through marketplaces
- Going global: How are indirect taxes changing around the world?
- Selling into Australia? What you should consider
Presented by Suzanne Kneen, Partner, PwC
12.30pm to 1.20pm: Effectively Handling GST Audit: Managing the Outcome from Start to Finish
- Preparation and prevention: tax risk governance and ATO expectations
- ATO streamline tax assurance reviews / integrity of business systems reviews
- The role of private rulings and voluntary disclosures once an audit has started
- How to be in conciliatory engagement with the ATO
- Insights on alternative dispute resolution (ADR) whether and how to settle
- Certainty in the application of tax law
Presented by Andrew Barrah, Partner, Grant Thornton
Venue
RACV City Club
Level 2, 501 Bourke St
Melbourne 3000
VIC
Australia
Parking Information
Parking is not included in your registration. Here are some options below. RACV City Club Car Park.
Directions
Accreditation
Attend and earn 4 CPD units
FASEA CPD Allocation: 4 hours in Technical Competence
All our conferences are able to count towards your CPD hours in accordance with the regulations of any industry association including CA ANZ, CPA and more. Click here to view your organisations' rules.