Unit 7: The Big Picture & Tax Planning Basics - 2024
By Lisa Greig
2h CPD time
Difficulty: Basic
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This session covers a group tax summary & some tax planning basics, plus how to use the summary as a basis for client discussions.
Includes a group summary spreadsheet template.
In this unit, we cover:
Looking at the 'big picture'
Preparing a group tax summary
Calculating the group effective tax rate
Post-lodgement considerations
Interest charges
Failure to lodge penalties (FTL)
Tax planning basics
General anti-avoidance provisions - Part IVA
What do you need for tax planning?
Distribution resolutions
Tax planning tips for 2024
Dates recorded: 19 March 2024