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Courses/Accounting & Tax/Tax Review

Taxation of Employee Payments and Benefits

Understand the income tax treatment of employee payments, benefits, and allowances, including recent changes in legislation.

Created byTEO Training
BeginnerUpdated Jan 20, 2025
Taxation of Employee Payments and Benefits

What You'll Learn

check_circleUnderstand the latest information affecting payments and other benefits to employees.
check_circleExplain recent changes in tax law and practice as they pertain to your clients.
check_circleMake better decisions about the income tax treatment of these payments and benefits.
check_circleUnderstand the rules around Fringe Benefit Tax (FBT) and its application to employee benefits.

About This Course

The purpose of this webinar is to review some of the obligations and responsibilities imposed by the Income Tax legislation and IRD on payments made to employees.

It will cover the way in which the legislation taxes a variety of payments to employees.

Specifically, the webinar will consider:

  • Who is an employee?
  • Salaries and wages, bonuses, extra pay
  • Other payments to employees, including payments for golden handshakes, golden parachutes, restraint of trade, and hurt, humiliation, or loss of dignity.

There will be an introduction to allowances/reimbursements, the entertainment rules, and Fringe Benefit Tax (FBT).

 

Suitable for:

  • Employers
  • Corporate accountants
  • Chartered accountants wanting a review of the way in which the income tax legislation treats payments and other benefits to employees.

Your Instructors

TEO Training
TEO Training
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star214 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Mike Hadwin
Mike Hadwin

Director, Symmetry Advisory

Mike is a regular presenter for TEO Training. You’ll learn from Mike’s 30-plus years of tax experience as a public Chartered Accountant (CA) and facilitator. His clear presentation style enables you to quickly understand and apply practical learning concepts to common situations you may face in your role.

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