Jo-anne Hotston from Tax Training Day will be presenting a 3-hour session on Derivation of Income and Splitting of Income during the March session.
During this three hour presentation Jo-anne Hotston, director & lead trainer at TaxBytes, will cover in detail:
✔️ What is business income
✔️ When is investment income derived
✔️ Is interest always on a cash basis
✔️ Long term contracts, sale of trading stock such as land developments
✔️ Interaction with PSI rules
✔️ Professional practice entity – when is income splitting available and how much can you get away with (ATO guidelines)
✔️ Sole trader Doctor, accountant etc – income splitting?
✔️ Income received in advance (Arthur Murray)