Price:
Free
Level:
Tax Professionals
Sub-level:
Bodies Corporate
Lecturer:
Tristan David-Crewe White
Duration:
60 Minutes
Additionals:
Free
Level:
Tax Professionals
Sub-level:
Bodies Corporate
Lecturer:
Tristan David-Crewe White
Duration:
60 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Many bodies corporate current tax calculations only contain two deductible expenses: audit fees and bank charges... but what about other expenditure?
If an expense is incurred that is not related to the levy income, can it be deducted in full, is a proportionate ratio to be applied or is a deduction fully denied.
Join us as we go through Interpretation Note 64 for the detail on the income tax calculation for bodies corporate and home owners associations, which will serve as a sense check for your / your audit client's current tax calculations.
All auditors, accountants and tax practitioners will find this session beneficial.
If an expense is incurred that is not related to the levy income, can it be deducted in full, is a proportionate ratio to be applied or is a deduction fully denied.
Join us as we go through Interpretation Note 64 for the detail on the income tax calculation for bodies corporate and home owners associations, which will serve as a sense check for your / your audit client's current tax calculations.
All auditors, accountants and tax practitioners will find this session beneficial.