Understand the tax implications of business insurance policies, including deductibility, accessibility, and compliance considerations.
Most businesses take out a variety of insurance policies but not all policies are created equal when it comes to the tax consequences of premiums, excesses and payouts.
This updated course will cover various forms of insurance policies across multiple contexts to ascertain the relative tax consequences (for example, life insurance policies for key employees whereby the tax consequences may be dependent on the underlying detail of who is entitled to what).
We will consider:
Suited to:
TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.
Senior Partner, Findex
Scott Mason has over 30 years’ experience advising on tax matters, primarily for larger owner-managed businesses throughout NZ. He is a regular presenter for TEO Training and CCH, and Chair of the CAANZ Tax Advisory Group. Scott is a professional director across a range of industries including forestry. Scott is renowned for making complex issues understandable.
