Seminars

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1.AN INTRODUCTION TO FBT FOR AUSTRALIAN LOCAL GOVERNMENT

This module is important for beginners and those who need a refresher or confirmation that they are sufficiently knowledgeable about this tax.

2. CAR FRINGE BENEFITS – PART 1

*What is a car fringe benefit *How to distinguish cars from residual vehicles *Introduction to exemptions for car fringe benefits *Easy steps to calculate how much private use is allowed *Which utes and dual cabs are exempt *The formulae for calculating FBT values *Rules for dealing with tricky concepts such as ‘held’ *Shared cars

3. CAR FRINGE BENEFITS – PART 2

*Detailed look at value methods in detail *Base value *Statutory fraction *Days available for use *Days held *Depreciation and interest calculations *Employee contributions *Private versus business *Novated leases *Associate leases *What happens during ‘on call’ periods *Multiple users of same car *Replacement cars *Logbooks and other documentation requirements

4. CAR PARKING FRINGE BENEFITS

4. CAR PARKING FRINGE BENEFITS *Exemptions from car parking benefits *What is a car parking fringe benefit? *The meaning of 'car' *Commercial parking station *All-day parking *One-kilometre radius *Primary place of employment *Car parking threshold *Representative fee *Taxable value - summary of methods *Commercial parking station method in detail *Market value method in detail *Average cost method in detail *12-week register method in detail *Statutory formula method in detail *Car parking expense payment benefits *Planning for car parking fringe benefits

5.ENTERTAINMENT-RELATED FRINGE BENEFITS

*What is the provision of entertainment? *How to identify whether the provision of food or drink is entertainment *Does an exemption apply? *How to calculate the taxable value of a meal entertainment fringe benefit *Common circumstances in which food or drink is provided *Food or drink provided to employees while on business travel overnight *Recreational entertainment *Hiring or leasing entertainment facilities *Record-keeping requirements *Distinguishing Meal entertainment from Tax exempt body entertainment *50:50 Method *Actual method *12 week register method *The special GST treatment of entertainment benefits *Easy rules to follow for every typical entertainment scenario

6. EXPENSE PAYMENT FRINGE BENEFITS

6. EXPENSE PAYMENT FRINGE BENEFITS *Detailed look at the second most common category of fringe benefit * What is an expense payment fringe benefit? * Taxable value * In-house expense payment fringe benefits *The otherwise deductible rule *Jointly provided expense payment fringe benefits * Substantiation requirements *Exempt expense payment benefits * Other reductions in taxable value * Common expenses reimbursed or paid for by employers, including phones, self education, uniforms, travel, meals, and many more

7. LOAN AND DEBT WAIVER FRINGE BENEFITS

*How to identify when a loan fringe benefit exists *Exempt loan fringe benefits *Calculating the taxable value of loan fringe benefits *Common circumstances where loans are provided including salary overpayments, uniforms, tools and equipment, computers’ *Reductions in value *How to identify when a debt waiver fringe benefit arises *The importance of ‘ordinary course of business’ When you can and cant write off debts owing by employees *Jointly provided loan fringe benefits * Substantiation requirements * Other reductions in taxable value

8. HOUSING FRINGE BENEFITS

8. HOUSING FRINGE BENEFITS * What is a housing fringe benefit? * Valuation rules *Accommodation in a caravan, mobile home, hotel, motel, hostel or guesthouse * Accommodation that is not the usual place of residence * Exempt housing benefits * Remote area housing benefits *The concessions available when changing residence for work

10. PROPERTY FRINGE BENEFITS

* What a property fringe benefit is * Taxable value * In-house property fringe benefits * External property fringe benefits * Reduction in taxable value – otherwise deductible * Substantiation requirements * Other reductions in taxable value * Exempt property benefits

11. RESIDUAL FRINGE BENEFITS

*Detailed workings of the residual benefits commonly associated with councils * When a benefit is received * Taxable value * In-house residual fringe benefits * Taxable value of motor vehicles other than cars * Reduction in taxable value – otherwise deductible * Substantiation requirements * Other reductions in taxable value * Exempt residual benefits

13. REPORTABLE FRINGE BENEFITS – THE PAYMENT SUMMARY

*What are reportable fringe benefits * Benefits included in the reporting requirements * Amounts reported on a payment summary *Effects on employees of having an amount reported on a payment summary * Employment finished between 1 April and 30 June * Excluded fringe benefits * Pooled or shared cars * Individual fringe benefits amount * Reporting reportable fringe benefits amounts * STP reporting or on a payment summary * What is RFBA included in STP reporting or on a payment summary used for? * Correcting an amount you have already reported

13. REPORTABLE FRINGE BENEFITS – THE PAYMENT SUMMARY

14. FBT EXEMPTIONS AND CONCESSIONS

14. FBT EXEMPTIONS AND CONCESSIONS * What is an exempt benefit? * All transport exemptions * Operating costs of motor vehicle * All residual exemptions * Relocation exemptions * Public and not-for-profit hospitals and public ambulance services * All property exemptions * Remote area exemptions * All other exemptions *No private use declaration * Minor benefits * Provision of certain work-related items

15. CALCULATING YOUR FBT

15. CALCULATING YOUR FBT * Self-assessment *Working out an FBT liability * Grossing-up of taxable values * Type 1: higher gross-up rate * Type 2: lower gross-up rate *Provisional payments *Steps to calculate how much FBT you have to pay

16. REMOTE AREA CONCESSIONS AND EXEMPTIONS

* What is a remote area? * Which towns are remote * Remote area housing exemption * Residential fuel reduction * Remote area loan * Remote area interest * Remote area rent * Remote area property benefit *Remote area residential property expense payment benefit *Remote area property benefit *Remote area residential property expense payment benefit *Remote area residential property repurchase consideration *Remote area residential option fee *Remote area holiday transport * Remote area home ownership scheme

17. COMPLETING THE FBT RETURN

*Complete instruction of how to complete an FBT return *Use several examples

18. FBT FOR HUMAN RESOURCES AND PAYROLL

18. FBT FOR HUMAN RESOURCES AND PAYROLL *This module covers every FBT issue which is of interest and value to HR and Payroll functions *Getting employment contracts correct *Covers all the documentation required to be collected *What are the most important policies to have in place to minimise FBT and income tax *What are the terms need in car policies and other benefits such as phones and laptops *The payment summary and reportable fringe benefits

19. FBT AND TAX PLANNING

An introduction to the role to be played by FBT in tax planning The effect on employers The effect on employees The methodology The use of exemptions and concessions Specific categories of benefits Superannuation issues Other issues

1.AN OVERVIEW OF GST FOR AUSTRALIAN LOCAL GOVERNMENT

This module is important for beginners and those who need a refresher or confirmation that they are sufficiently knowledgeable about this tax. Matters covered include: *Why councils are caught in the GST net *The position where Council is ‘selling’ something such as services *The position where Council is ‘buying’ something such as the services of a plumber and related plumbing material *Doing the arithmetic for sales and acquisitions *Introducing the concepts of supply, creditable acquisition, adjustment and other necessary terms *A brief look at the GST treatment in various financial records *Completing the BAS for the GST component *An introduction to GST documentation including the tax invoice, adjustment note and RCTI

2. BASICS OF GST FOR ACCOUNTS PAYABLE

2. BASICS OF GST FOR ACCOUNTS PAYABLE *Typical acquisitions made by Council *The concepts of creditable acquisition and input tax credit *The various documents provided by suppliers *What must a document contain to be a valid tax invoice *How to deal with documentation from supplier which are not valid tax invoices *The need for coding by accounts payable *BAS treatment of acquisitions *How to identify the tricky situations

3. BASICS OF GST FOR ACCOUNTS RECEIVABLE

*Typical supplies and sales made by Council *The concepts of taxable supply, GST-free supply, input taxed supply and out of scope transactions *Typical acquisitions made by Council *The various documents to be provided by Council *What must a document contain to be a valid tax invoice, RCTI and adjustment note *When you don’t need to provide a valid tax invoice *The need for coding by accounts receivable *BAS treatment of supplies *How to identify the tricky situations

5. THE COMMON SUPPLIES MADE BY LOCAL GOVERNMENT

This module takes a number of the supplies typically made by local governments and explains in detail how to determine their GST treatment

6. THE COMMON ACQUISITIONS MADE BY LOCAL GOVERNMENT

6. THE COMMON ACQUISITIONS MADE BY LOCAL GOVERNMENT This module takes a number of the acquisitions typically made by local governments and explains in detail how to determine their GST treatment

7. EXEMPT, FEES AND CHARGES – SCHEDULE OF FEES AND CHARGES

This module looks at many of the fees and charges contained in Councils’ schedule of fees and charges. In particular, you will learn how and why certain fees and charges levied by Council are exempt from GST

8. GST AND PROPERTY

8. GST AND PROPERTY A great amount of Council money is committed in property transactions. This module explains how to approach the transactions involved. Typical transactions include *Sale and purchase of commercial and residential property *Leasing of property *Compulsory acquisitions *The margin scheme *Developer contributions *Improvements

9. GRANTS AND APPROPRIATIONS MADE TO, AND BY LOCAL GOVERNMENTS

9. GRANTS AND APPROPRIATIONS MADE TO, AND BY LOCAL GOVERNMENTS *What is a grant *How do grants of financial assistance fall into the GST regime *What are the typical grants made by Council *What are the typical grants received by Council *Which grants are taxable, GST-free, input taxed and out of scope *When can Council claim input credits *Dealing with community groups

10. DONATIONS, SPONSORSHIPS AND SIMILAR PAYMENTS

10. DONATIONS, SPONSORSHIPS AND SIMILAR PAYMENTS *What is the difference between the concepts of donation and sponsorship How these concepts are defined in legislation and are dealt with in other authorities *How else are these payments referred to and how are they dealt with

11. THE BAS, RECORD KEEPING AND ADMINISTRATION

11. THE BAS, RECORD KEEPING AND ADMINISTRATION *Where do sales and acquisitions appear in the BAS *When do transactions appear on the BAS *Dealing with adjustments on the BAS

12. THE IMPORTANCE OF CONTRACTS IN GST

*Why is it necessary to study the terms in contracts *What are the most common contracts creating problems for Councils *To what extent should Council be involved in drafting contractual terms

12. THE IMPORTANCE OF CONTRACTS IN GST

*Why is it necessary to study the terms in contracts *What are the most common contracts creating problems for Councils *To what extent should Council be involved in drafting contractual terms

13. GST AND THE INTERACTION WITH OTHER TAXES AND IMPOSTS – FBT, INCOME TAX, LUXURY CAR LEVY

*GST on the provision of fringe benefits *GST on acquisitions to provide fringe benefits *GST on entertainment *GST and income tax overlaps *GST and the luxury car tax and other levies and taxes including stamp duty.

14. EXEMPT FEES AND CHARGES

*An examination of all the exempt fees and charges levied by local governments in Australia, with 6 monthly updates *Includes exemptions flowing from Division 81 and Division 82 of the main GST act *Includes a look at all of the relevant regulations released to date * Includes flowcharts setting out the correct approach to exempt fees and charges

CERTIFICATE IN FBT SPECIALISATION FOR LOCAL GOVERNMENT

Satisfy the ATC strict requirements and receive your CERTIFICATE IN FBT COMPETENCE. Issued under the authority of Australia’s leading providers of tax education to the Local Government sector In Australia. By virtue of the strict compliance requirements and the professional scrutiny of adherence to graduation criteria, all local governments in Australia will recognise the value of this qualification. Obtain individual subject certificates on the way to your full qualification.

CERTIFICATE IN GST SPECIALISATION FOR LOCAL GOVERNMENT

Satisfy the ATC strict requirements and receive your CERTIFICATE IN GST SPECIALISATION or CERTIFICATE IN GST SPECIALISATION (ADVANCED) Completion certificates issued under the authority of Australia’s leading providers of tax education to the Local Government sector In Australia. By virtue of the strict compliance requirements and the professional scrutiny of adherence to graduation criteria, all local governments in Australia will recognise the value of this qualification.

GST FOR COUNCILS - ADVANCED CERTICATE ONLINE

GST FOR COUNCILS - ADVANCED Details in brochure

FBT FOR COUNCILS - ADVANCED CERTICATE ONLINE