Jul 03, 2020 / News

Wine and Viticulture

Wine and Viticulture - Kick Start Your 2021 Financial Year

We know that the start of this financial year is a little different. As we enter the 2021 Financial Year, with still a lot of uncertainty in the market due to COVID-19 and new tax and compliance issues for consideration, we want to make sure that you have all of the information to ensure you and your business are prepared.

In this live webinar, our national wine industry specialists, Raoul Stevenson, Ian Stone and Adam Boles along with National Tax Director, David Montani cover a number of wine industry matters to be aware of, issues arising from COVID-19 as well compliance and forward tax planning for the 2021 Financial Year and beyond to ensure you are in the best possible tax health.

Topics covered 

Forward Tax Planning – right through to business sale

  • New year, new company tax rate
  • Important information regarding employee superannuation, including the amnesty
  • Valuing stock
  • Instant asset write-off regime, accelerated depreciation
  • Other issues for SMEs
    • Concessions
    • Jeopardising generous future concessions now, without even knowing it

The New Normal

  • Issues arising from COVID-19
  • Reviewing your current trading model
  • Building working capital reserves and financial capacity
  • Staff Requirements and Support Available

Wine Industry Matters

  • WET rebate eligibility
    • Revisit of the rules
    • Common errors
    • Warnings regarding restructures
  • Key grants available for the wine industry and relevant qualification requirements

Register now

Tuesday 21 July 2020
10:00am - 11:00am (AEST)
9:30am - 10:30am (ACST)
8:00am - 10:00am (AWST)

Click here to register

During the registration process, you will also have the opportunity to ask our presenters any questions that you would like answered during the live webinar. 

The material contained in this publication is for general information purposes only and does not constitute professional advice or recommendation from Nexia Edwards Marshall. Regarding any situation or circumstance, specific professional advice should be sought on any particular matter by contacting your Nexia Edwards Marshall Adviser.