Job Description:
- Expertise in Division 7A particularly regarding distributable surplus repayments loan conversion dates and the reasonable person test.
- Proficient in reviewing dividends including franking credit accounts benchmark rates and debits/credits.
- Familiarity with the 3month rule for franking credits.
- Indepth knowledge of Personal Services Income (PSI) for companies trusts and sole traders including attribution obligations and entity maintenance deductions.
- Understanding of income from personal exertion and related tests.
- General knowledge of GST including GST on food simplified GST methods changes in creditable use income tax deductions capital gains and Small Business CGT concessions.
- Experience working with business owners and accounting firms based in Australia.
- Liaison with clients.
- Wellversed in Fringe Benefits Tax (FBT) including minor benefits entertainment car benefits and exemptions for small businesses.
Academic Qualifications & Experience:
- Bachelors or Masters degree in Accounting
- CA/CS/ICWA Qualified or Dropouts
Experience:
Location & Timings:
- Work From Office only
- Morning Shift (Two Saturdays off per month)
Additional Note:
- The candidate must be willing to sign a 1.5year bond.
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