Description
In this two part webinar series, Joshua Goldsmith with cover tax topics that are seemingly fundamental, often relevant, but are inherently complicated. Specifically, Joshua will cover:
- The fundamentals of ordinary income and general deductions (sections 6-5 and 8-1 of the ITAA 1997)
- Common examples of the above that are often misunderstood
- Tax accounting: when is income is derived and when are expenses incurred?
- The revenue/capital distinction – the most difficult question of them all!
- Blackhole expenditure (40-880 of the ITAA 1997)
- Worked examples of all the above: how to treat (a) interest payments, and (b) compensation payments
Recorded on 26 May 2023 | 9 June 2023
$125 (members) | $175 (non- members)
TPB CPD Hours: 2 hours
Legislated CPD Hours: Technical competence: 2 hours
Presented by: Joshua Goldsmith
Joshua Goldsmith is a senior lawyer specialising in taxation and commercial advisory. Joshua’s experience is broad and diverse including advising family groups, small cap listed and private companies, and high net wealth individuals. Joshua was a finalist in Lawyers Weekly 30 Under 30 awards (for Taxation) in 2021 and a winner of the Australian Lawyer Rising Star award in 2022, acknowledging that he is a rising star in the tax and legal profession. He is a regular presenter and facilitator at tax related seminars and discussion groups, and has appeared on a number of tax related podcasts.
