PSI – Fundamentals – Application On item 14 and P1 in the individual income tax return. The History - The Definition - The Tests and how to apply them.
OBJECTIVES: The course is founded on the IPA and CCH Updated Tax Guides as well as the Income Tax Assessment Act 1997(ITAA97) and the Income Tax Assessment Act 1936 (ITAA36), also the Taxation Administration ACT 1953. It also covers Australian Federal Budget news and announcements and general comments. It is mainly directed to accounting and finance professionals in order to upgrade their skills and maintain their professional development.
OUTCOMES: Upon completion of this course the participants are expected to be able to: Understand the Legislation behind the Personal Services Income - PSI Get familiar with the application of the PSI Legislation, how is applied, and how it works Learn what the PSI rules are and apply them to the tax returns with reference to the appropriate tax law.
Director- Tax Agent at Cloud Nine Associates P/L, Founder of Cloud Nine Academy - The Cloud Nine Accountin g Hub Mentor - Tax, Accounting , Bookkeeping Priscilla started her accounting career in 1999, achieving a Bachelor of Tax Degree in 2006. Always with her eye on the latest trends in the profession, she is an expert in the 'cloud' systems operation and implementation. Tax Agent at present, after a career built working for several Accounting Firms as a Senior Accountant. Runs her own Accounting Practice and her passion is supporting small business and mentoring young accounting professionals, in order to achieve success. Business advice and tax planning is her strongest skills, achieved in a 20+ year career. Developed 'The Modern Accounting Practice' model with a strong vision of the future, based on innovation, proactive customer service and efficiency in operations. Amongst other talents and passion for teaching, she is a great dancer and an amazing cook.
Registered Tax Agent
Bachelor of Tax - BTax
