Recorded Webinar: GST and the Margin Scheme: Complexities and Challenges in Practice

 

9th November 2018

Duration:  approx. 1.5 hours

 ABOUT THE WEBINAR
Applying the margin scheme on the sale of taxable property requires meeting a number of conditions. Working out eligibility to use the margin scheme and being aware of practical issues in its application is the subject of this session, including:

  • When can you use the margin scheme?
  • The importance of agreeing on application of the margin scheme in the contract
  • The mechanics of the margin scheme – methods to work out the margin
  • Interaction of the margin scheme with other provisions in the GST Act:
    • the margin scheme and Div. 184 – entities such as partnerships
    • the margin scheme and Div. 38 – GST free supplies
  • Option fees – are they part of consideration when applying the margin scheme?
  • Case report - The Trustee for the Whitby Trust [2017] ATC 10-450
 PRESENTER
Our presenter

Fletch Heinemann, Partner, Cooper Grace Ward, Brisbane

Fletch is a partner in the firm’s commercial team. He assists clients by providing tax advice across a range of commercial issues.  He is also responsible for managing a significant volume of tax and customs disputes. His experience includes drafting notices of objection, private ruling applications, AAT appeals and litigation in the Federal Court.

His technical specialisations include income tax (including international tax and residency issues), GST, payroll tax, land tax, stamp duty and customs duties.

Before joining Cooper Grace Ward, Fletch was a tax lawyer in Baker & McKenzie’s Sydney office. Prior to that, Fletch worked for a Big 4 accounting firm in the UK and then China.

 WHO SHOULD ATTEND?

This webinar is suitable for accountants and lawyers advising on GST – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

 ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: lisa@tved.net.au
Product Code: WBMNOV18
 Price:  $264.00 (Inclusive of GST)
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