Capital Gains Tax Withholding: Updated Information For Trustees
The foreign resident capital gains tax (CGT) withholding regime requires purchasers of Australian property to [...]
ATO Releases Latest Small Business Benchmarks
The ATO has released its latest small business benchmarks, providing over 100 different industries with [...]
“Transition To Retirement” Pensions To Become Simpler
In welcome news for superannuation members, the government has announced plans to simplify the payment [...]
Court Finds pay-as-you-go Amounts “Withheld” From Salary payments
The Federal Court has ruled that pay-as-you-go (PAYG) amounts were “withheld” from a taxpayer's salary [...]
ATO Embarking On e-Audits
The ATO has recently published information about the “e-Audit” technology it uses as part of [...]
Wind Farm Grant Was An Assessable Recoupment
The Full Federal Court has dismissed a taxpayer’s appeal and held that a Commonwealth grant [...]
ATO Now Issuing Excess Transfer Balance Determinations
The ATO has advised that is now sending out excess transfer balance (ETB) determinations to [...]
Social Security Means Testing Of Lifetime Retirement Income Streams
The Department of Social Services (DSS) has released its proposed means testing rules for pooled [...]
Corporate Tax Avoidance: Latest ATO Targets
The ATO has provided an update on its latest focus areas and the compliance projects [...]
Moving To Combat The Black Economy
The Black Economy Taskforce was established in 2017 “to develop an innovative, forward-looking whole-of-government policy [...]