With persistent talk of a housing crisis in Australia, the States and Territories are under pressure to increase housing supply. Discover how the Federal Government's draft legislation on tax concessions is set to transform the build-to-rent sector and what this means for you, and your property and construction clients. With the proposed amendments to the Income Tax Assessment Act promised to stimulate investment with over $25 billion allocated to new housing investments, ensure you’re ready to assist your clients to make the most of the changing tides ahead.
Attend and earn 1 CPD unit in Substantive Law
This program is applicable to practitioners from all States & Territories
- Overview of the Build to Rent (BTR) federal tax concessions legislation
- Work through the main changes and features:
- MIT Withholding Concession
- Accelerated Capital Works Concession
- Qualifying requirements
- Key observations and clarifications: capital gains, restrictions and requirements
- Understand the affordable housing provisions
Presented by Jennifer Kwok, Partner, Deal Advisory – Tax, KPMG; Sean Hanrahan, ATI, Director, Deal Advisory – Tax, KPMG and Rebecca Lawrence, CTA, Director, GST KPMG
Presenters
Jennifer Kwok, Partner, Deal Advisory – Tax, KPMG
Jennifer is a Partner at KPMG with over 20 years’ experience advising foreign and domestic investment clients on cross-border property transactions across all stages of the tax cycle from the establishment of investment and funding structures, to implementation, entity re-organisations, on-going tax compliance processes and exit. Earlier in her career, Jennifer spent two years in the United States advising a range of global funds and asset managers on fund structuring and cross border transactions. Jennifer holds degrees in Commerce and Law from the University of New South Wales and is admitted as a Solicitor of the Supreme Court of New South Wales.
Rebecca Lawrence, CTA, Director, GST KPMG
Rebecca is a Director at KPMG, specialising in providing GST advice for property investors, managers and developers. Rebecca has more than twenty five years of indirect tax experience having worked for leading professional services firms in the UK and Australia. Rebecca also spent almost two years leading the in-house indirect tax team at an ASX 100 listed entity. Rebecca is a Chartered Tax Adviser with The Tax Institute and the UK’s Chartered Institute of Taxation, and a member of the PCA capital markets sub-committee for indirect tax.
Sean Hanrahan, ATI, Director, Deal Advisory – Tax, KPMG
Sean is a Director at KPMG, with over 25 years corporate tax experience, with the last 10 years spent in Australia, and the previous 15 years in the UK. His main focus is in the real estate sector, advising both domestic and foreign clients investing in various asset classes. Sean advises on structuring transactions through the acquisition, holding period and exit phases, including implementation and post-acquisition compliance. He has also advised on debt funds and debt funding structures. Sean has undertaken various roles in leading accounting and law firms. He qualified as a solicitor and Chartered Tax Advisor in the UK. He is an associate member of the Tax Institute of Australia.