Overseas Super & Pensions - Part 1 - NZ Classification of Australian Super
1.25 CPD Hours
Description
Explore tax treatment and gain practical insights of Australian super for NZ clients with examples on key features, classifications, the Australia-NZ Double Tax Agreement, and tax optimization strategies.
Are you an accountant or tax specialist with clients holding Australian super funds? Whether they’re recent migrants, expats, or working in NZ for Australian companies, understanding the tax treatment of Australian super is crucial.
In this webinar, we’ll break down:
- The key features of both widely held and self-managed Australian super schemes
- How NZ classifies and taxes Australian super schemes under domestic law
- The impact of the Australia-NZ Double Tax Agreement
- Tax benefits, common pitfalls, and real-world examples
Parts 2 and 3 which will air in June and July will focus on the New Zealand tax treatment of common pension and superannuation schemes from the UK, US, and Canada.
We’ll cover:
- UK: Private pensions, State pensions, workplace pensions, Self-Invested Personal Pensions (SIPPs), and Qualified Recognised Overseas Pension Scheme (QROPS)
- US: Individual Retirement Accounts (IRAs), Roth IRAs, and Social Security
- Canada: Old Age Security (OAS) and the Canada Pension Plan (CPP)
These sessions will provide practical insights into how these foreign schemes operate and are treated under New Zealand tax law.
LEARNING OUTCOMES
Attendees will gain an understanding of:
- Features of Australian Superannuation: Including mandatory contribution rates and the tax treatment of contributions, earnings, and withdrawals in Australia.
- New Zealand Taxation: How New Zealand taxes Australian superannuation withdrawals and transfers under domestic tax law and the double tax agreement.
- Planning Opportunities: Strategies available to clients to prevent adverse tax outcomes and enhance tax efficiencies in the long term.
SUITED TO
Tax specialists and accountants at a client-facing and review level (managers and above).
PRESENTER
Alex Cull, Partner, Greenhawk Chartered Accountants
With 15 years of tax expertise, Alex has built a career spanning the Big Four, Inland Revenue, and mid-tier firms. Now a tax partner at Greenhawk, Alex provides guidance to accountants, SME businesses, and high-net-worth individuals.