WEBINAR: Tax Depreciation: Repairs - Is It Deductible?

WEBINAR: Tax Depreciation: Repairs - Is It Deductible?
Join Neil Jones from Tax Banter as he delivers the latest tax depreciation webinar.

The aim of this webinar is to:
- explain the principles that operate in determining whether expenditure is a deductible repair under s. 25-10 of the ITAA 1997;
- illustrate the application of these principles by way of examples; and
- provide an opportunity for attendees to apply their understanding of the principles to factual scenarios.

By the end of the webinar, participants will be able to:
- explain the requirements of the statutory provision that allows a deduction for repairs;
- distinguish between a repair and an improvement and provide examples to illustrate;
- explain the requisite nexus with the derivation of assessable income;
- explain why initial repairs are considered to be capital expenditure;
- describe some different bases for apportioning expenditure on premises/assets that are used only partly for income producing purposes;
- explain whether repairs carried out to a property before it is put to an income-producing use would be deductible; and
- explain when expenditure is regarded as a depreciating asset or premises.

About the Presenter - Neil Jones, Director - TaxBanter
Neil is a Director of TaxBanter with primary responsibility for the delivery of tax training across the Australian market. Neil has an extensive background in the tax profession including 17 years at the Australian Taxation Office and over 20 years as a leading tax trainer in TaxBanter and Webb Martin. Neil is well known as a presenter of enjoyable and practical tax seminars in all areas of taxation.

CPD Points 1.5
Cost: AIQS Members $80 / Non Members $100 
Register: Click here to register

31/07/2019 12:30 PM - 31/07/2019 2:00 PM

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