Tax Offset For Spouse Super Contributions: Changes From 1 July 2017
The ATO has reminded taxpayers that that the assessable income threshold for claiming a tax [...]
Ride-sharing Drivers Must Register For GST
In a recent decision, the Federal Court has held that the UberX service supplied by [...]
Taxpayer Denied Deduction For Work Expenses Of $60,000
The Administrative Appeals Tribunal (AAT) has confirmed that a mechanical engineer with a PhD qualification [...]
No Deduction Or Capital Loss For Apparent Guarantee Liability
The Administrative Appeals Tribunal (AAT) has affirmed that two family trusts that were involved in [...]
Time Extension To Review Objection Decisions Disallowed – Again!
The Administrative Appeals Tribunal (AAT) has refused to allow a taxpayer extra time to apply [...]
Overtime Meal Expenses Disallowed Because No Allowance Received
A taxpayer has failed in claiming deductions for overtime meal expenses before the Administrative Appeals [...]
Tax Risk Management And Governance Review Guide Released
The ATO has released a tax risk management and governance review guide to help businesses [...]
Depreciating Assets: Composite Items
Draft Taxation Ruling TR 2017/D1 sets out the Commissioner of Taxation’s views on how to [...]
Personal Services Income Diverted To SMSFs: ATO Extends Offer
Since April 2016, the ATO has been reviewing arrangements where individuals divert personal services income [...]
Intangible Capital Improvements Made To A Pre-CGT Asset
The ATO has issued Taxation Determination TD 2017/1. It provides that for the purposes of the [...]