1c:I[885488,["/_next/static/chunks/c7e98525d2642580.js?dpl=local-1773962029063","/_next/static/chunks/c0215765a25ae62a.js?dpl=local-1773962029063","/_next/static/chunks/34ca95602452710f.js?dpl=local-1773962029063","/_next/static/chunks/1c210128ca39d718.js?dpl=local-1773962029063","/_next/static/chunks/8d7b0002309cd72d.js?dpl=local-1773962029063","/_next/static/chunks/c1e4c3d5e42ce1e9.js?dpl=local-1773962029063","/_next/static/chunks/6cdf6d3d7f675e54.js?dpl=local-1773962029063","/_next/static/chunks/9c9961e5db20bcd5.js?dpl=local-1773962029063","/_next/static/chunks/91b2bc9fe415115a.js?dpl=local-1773962029063","/_next/static/chunks/e7f4a71732c801f4.js?dpl=local-1773962029063","/_next/static/chunks/36df881e63fc5424.js?dpl=local-1773962029063","/_next/static/chunks/904b664cbfcb2150.js?dpl=local-1773962029063","/_next/static/chunks/aeda46fe7439fd0d.js?dpl=local-1773962029063"],"StructuredDataScript"] 1e:I[56956,["/_next/static/chunks/c7e98525d2642580.js?dpl=local-1773962029063","/_next/static/chunks/c0215765a25ae62a.js?dpl=local-1773962029063","/_next/static/chunks/34ca95602452710f.js?dpl=local-1773962029063","/_next/static/chunks/1c210128ca39d718.js?dpl=local-1773962029063","/_next/static/chunks/8d7b0002309cd72d.js?dpl=local-1773962029063","/_next/static/chunks/c1e4c3d5e42ce1e9.js?dpl=local-1773962029063","/_next/static/chunks/6cdf6d3d7f675e54.js?dpl=local-1773962029063","/_next/static/chunks/9c9961e5db20bcd5.js?dpl=local-1773962029063","/_next/static/chunks/91b2bc9fe415115a.js?dpl=local-1773962029063","/_next/static/chunks/e7f4a71732c801f4.js?dpl=local-1773962029063","/_next/static/chunks/36df881e63fc5424.js?dpl=local-1773962029063","/_next/static/chunks/904b664cbfcb2150.js?dpl=local-1773962029063","/_next/static/chunks/aeda46fe7439fd0d.js?dpl=local-1773962029063"],"InstructorsRow"] 1f:I[532084,["/_next/static/chunks/c7e98525d2642580.js?dpl=local-1773962029063","/_next/static/chunks/c0215765a25ae62a.js?dpl=local-1773962029063","/_next/static/chunks/34ca95602452710f.js?dpl=local-1773962029063","/_next/static/chunks/1c210128ca39d718.js?dpl=local-1773962029063","/_next/static/chunks/8d7b0002309cd72d.js?dpl=local-1773962029063","/_next/static/chunks/c1e4c3d5e42ce1e9.js?dpl=local-1773962029063","/_next/static/chunks/6cdf6d3d7f675e54.js?dpl=local-1773962029063","/_next/static/chunks/9c9961e5db20bcd5.js?dpl=local-1773962029063","/_next/static/chunks/91b2bc9fe415115a.js?dpl=local-1773962029063","/_next/static/chunks/e7f4a71732c801f4.js?dpl=local-1773962029063","/_next/static/chunks/36df881e63fc5424.js?dpl=local-1773962029063","/_next/static/chunks/904b664cbfcb2150.js?dpl=local-1773962029063","/_next/static/chunks/aeda46fe7439fd0d.js?dpl=local-1773962029063"],"WysiwygContent"] 24:I[369665,["/_next/static/chunks/3a1f86800f82327f.js?dpl=local-1773962029063"],"IconMark"] 1d:T468,

This session gives an overview of companies, including specific deductions, different corporate tax rates, imputation and more.

Includes a company tax return demo on Xero Tax.

In this unit, we cover:

Companies 101
Corporate tax rates & Base Rate Entities (BRE)
PAYG instalments
Applying prior year losses for companies
Franking & Paying dividends
- Franking accounts & Franking deficit tax (FDT)
- Calculating the maximum fully franked dividend payable
Division 7A basics
- Options for managing Division 7A
- Calculating the Minimum Yearly Repayment (MYR)
Selected accounts:
- Trading stock
- Borrowing costs
- Consultancy and legal fees
- Fines and penalties
- Travel expenses
Tax reconciliation for company

Download resources below.

Dates recorded: 5 & 7 March 2024

20:T468,

This session gives an overview of companies, including specific deductions, different corporate tax rates, imputat