GST And Countertrade Transactions
The ATO has issued a Practical Compliance Guideline which sets out the Tax Commissioner’s compliance [...]
Travel Expense And Transport Of Bulky Tools Claim Denied
An individual has been unsuccessful before the Administrative Appeals Tribunal in a matter concerning certain [...]
Contrived Trust Arrangements In ATO Sights
The ATO has cautioned taxpayers against arrangements that seek to minimise tax by creating artificial [...]
SMSF Related-party Borrowing Arrangements
The ATO has issued a taxation determination (TD 2016/16) concerning whether the ordinary or statutory [...]
Research And Development Tax Incentive Rates Change
The Federal Government has reduced the rates of the tax offset available under the research [...]
Primary Producer Income Tax Averaging
Legislation has been introduced in Parliament that proposes to allow primary producers to access income [...]
Budget Superannuation Changes On The Way
The Federal Government has been consulting on draft legislation to give effect to most of [...]
Social Welfare Recipients Data-matching Program
The Department of Human Services (DHS) has released details of a data-matching program which will [...]
ATO Eye On SMSFs And Income Arrangements
The ATO is reviewing arrangements where individuals (at or approaching retirement age) purport to divert [...]
Take Care With Work-related Deduction Claims, Says ATO
The ATO has reminded individuals to make sure they get their deductions right this tax [...]