Division 296 Tax: The Bill Has Passed – What Accountants Must Know Before 1 July Webinar - April 2026 (1 Hour of CPD) 1.5 Hours CPD

Division 296 Tax: The Bill Has Passed – What Accountants Must Know Before 1 July Webinar - April 2026 (1 Hour of CPD) 1.5 Hours CPDThe government released draft legislation into Division 296 tax last December and on 11th February they finally introduced the bill to Parliament. The Explanatory Memorandum (EM) to the draft Bill was around 60 pages with the EM for the Bill as presented closer to 150 pages. In this session, Peter will go through the full details of the new Division 296 tax as proposed in the Bill. With the commencement date being 1 July it is essential that

In this session

The impact of Death on Transfer Balance Accounts (including death benefit pensions)

This Masterclass is a practical case study dealing with the GST implications of:

Division 296

But they have a number of specific items and disclosures in the tax return that need to be completed correctly

Not unlike many accounting firms

Changes from November 2021 to March 2022

Effective quantification and impact of a company’s distributable surplus

An analysis of the required documentation and substantiation for effective salary packaging

Instant access to the recording of our May Tax Update Webinar 2024 and 90 Days of Recording Access (Unlimited Views)

Requirements for effectively utilising specific deductions available under Australian taxation law

Custody of Client Assets