Tax Consolidation – ACA Entry

Correctly calculating the entry allocable cost amount (ACA) and determining accurate tax costs for assets is imperative for your clients.

Whether your clients are large corporates or family businesses, transactions and restructures occur that result in the need to reset the tax cost of assets under the allocable cost amount (ACA) entry process.  Oversights in the process result in errors that may give rise to a risk of amended assessments or errors that understate valuable tax bases in assets.

We will discuss common errors in the entry ACA process as we work through the practical application of the calculation steps with a focus on:

• liabilities (step 2)
• practical difficulties of determining taxed, retained earnings (step 3)
• determining the benefits of cancelling losses (step 6 impact)
• spreading the ACA to reset cost base assets – market values and caps

You may also be interested in:
Tax Consolidation – ACA Exit 

Tax Consolidation – Tax Losses

Learning Outcomes:

• Refresh of key concepts relevant to the entry ACA process
• Awareness of common errors in calculations
• Practical tips for calculating and spreading the ACA

Suited to:

• Firms of all sizes will benefit from this session
• Advisors with limited entry ACA experience will benefit from the overview of the process, whilst those with intermediate levels of experience will benefit from the refresher and practical tips

This On Demand recording Includes: 

• Recording of the Live Webinar, which can be viewed multiple times, for as long as required 
• Presenters contact details for follow up questions 
• CPD Quiz
• CPD Certificate 
• CPD Report – Logged automatically 
• PowerPoint Presentation
• Verbatim Transcript, with Searchability
• Supporting Documentation