HD Taxation Law Notes

Description

These HD notes provide helpful case summaries, tables and a structure that can help you ace any Barkoczy exam. They are colour coded and easy to read. These notes cover all examinable topics, including: 1. GOODS AND SERVICES TAX INTRODUCTION TO GST CHARGING GST INPUT TAX CREDITS ACCOUNTING FOR GST AND ITCS ADJUSTMENTS AND ASSESSMENT RULES FINANCIAL SUPPLIES SUPPLIES OF A GOING CONCERN INCOME TAX INTRODUCTION TO INCOME TAX INCOME TAX RATES AND LEVIES TAX OFFSETS INTRODUCTION TO ORDINARY INCOME CHARACTERISING INCOME INCOME FROM PERSONAL EXERTION INCOME FROM BUSINESS INCOME FROM PROFIT-MAKING SCHEMES INCOME FROM PROPERTY COMPENSATION AMOUNTS AND REIMBURSEMENTS STATUTORY INCOME EXEMPT INCOME AND NON-ASSESSABLE NON-EXEMPT INCOME GENERAL DEDUCTIONS INTRODUCTION TO GENERAL DEDUCTIONS POSITIVE LIMBS NEGATIVE LIMBS CLOTHING EXPENSES TRAVEL EXPENSES HOME OFFICE EXPENSES SELF-EDUCATION EXPENSES HOME OFFICE EXPENSES RENT AND LICENSE FEE EXPENSES INTEREST EXPENSE LEGAL EXPENSES MANAGEMENT EXPENSES SPECIFIC DEDUCTIONS PROVISIONS THAT DENY OR LIMIT DEDUCTIONS CAPITAL WRITE-OFFS AND ALLOWANCES INTRODUCTION CAPITAL ALLOWANCE REGIME BUSINESS-RELATED ‘BLACKHOLE’ CAPITAL EXPENDITURE TRADING STOCK INTRODUCTION TO TRADING STOCK TAX TREATMENT TRADING STOCK ‘ON HAND’ ACCOUNTING FOR TRADING STOCK VALUING TRADING STOCK CALCULATING TRADING STOCK INCOME SPECIAL TRADING STOCK RULES CAPITAL GAINS TAX CGT ASSET COST BASE CAPITAL PROCEEDS NET CAPITAL GAINS AND LOSSES TAXATION OF COMPANIES & SHAREHOLDERS INTRODUCTION TO SUPERANNUATION DIVIDENDS IMPUTATION SYSTEM CAPITAL RETURNS SUPERANNUATION SUPERANNUATION FUNDS SUPERANNUATION GUARANTEE SCHEME TAX TREATMENT OF SUPERANNUATION Please be advised that you will need to update tax rates, etc. for the year you are completing this subject.