Office Activities

Tax Team Training

Agenda & Discussion Points 1. Tax Team Training ● Ongoing training requirements for the tax team were discussed. ● Emphasis was placed on consistency, accuracy, and coordination across client files. ● Areas requiring refresher training were identified for upcoming sessions. ● Discussion regarding the provision of legitimate tax-saving measures to the client. 2. Sample File Review ● Sample cases were reviewed to highlight common issues and best practices. ● The importance of documentation and review notes was reinforced. 3. Individual Tax Returns ● Chakra Ghimire – FY2024 ○ Status and key tax considerations were discussed. ○ Highlighted on CGT calculation and how to record property purchases and sales. ● Dipak Acharya – FY2025 (TFN: 876568129) ○ Lodgement status, planning points, and next steps were reviewed. 4. Trust Distribution – Trust Structures ● Distribution treatment for Unit Trust, Discretionary Trust, and Family Trust structures was discussed. ● Focus was placed on correct beneficiary allocations, compliance, and documentation requirements. 5. Company Tax Planning Matters ● Shiwakoti Family Pty Ltd (Tax Planning) ○ Tax planning strategies and structuring considerations were discussed. ● Visa Advisor Pty Ltd ○ Current tax position and compliance matters were reviewed. ○ As the report provided by the team later on changed by Goba Sir so that it saves the division 7A interest for the next financial year. ○ Also you have to verify to show the same balance in another associate company. ● Jaishi Pty Ltd ○ Ongoing tax and reporting matters were discussed. ● AREAA Pty Ltd ○ Key tax issues and next steps were reviewed.