Video Length: 01:20:35
This masterclass will guide you through all the ins-and-outs on the law and taxation of death benefits, as well as strategies and case studies that you can apply for your clients to save the amount of death benefit taxes paid.
We’ll be covering:
The Law
When do you have to pay a death benefit? Who can it be paid to and in what forms can it be paid?
We will look in detail at death benefit nominations and who ultimately controls the payment of death benefits. We won’t restrict our talk to court cases but also to matter that have been referred that didn’t make it to court.
Insurance Issues & Taxation Of Death Benefits
We look at taxation consequences relating to death benefits especially after ceasing a pension. How they are taxed and strategies to reduce tax on death benefits. How the Transfer Balance Cap transactions occur. We will look at insurance inside and outside of superannuation and the best ways to structure your insurances.
Strategies & Case Studies
Discover strategies to better serve your accounting clients. Lots of these strategies require advice well before retirement so it isn’t just about thinking all my clients are young so it doesn’t matter. We will also go through relevant case studies to strengthen your understanding.
Complete Tax CPD
(100% Online – 40 Hours CPD/Year)
As a practising accountant, we are required to complete a total of 120 hours of CPD per triennium. This equates to 40 hours of CPD per year…
As well as meeting your CPD requirements, you are required to stay abreast of tax developments so as to provide the best service you can to your clients, whether it be from tax updates or special topic training.
Our signature Complete Tax CPD Program addresses both requirements providing you with 40 hours of quality training every year to meet your annual CPD requirements easily.
Each year, you will receive a total of 40 hours of CPD through tax update webinars and tax masterclasses.