It has been two years since ACN 154 520 199 Pty Ltd (in liq) v Federal Commissioner of Taxation (2020) 282 FCR 455; [2020] FCAFC 190 (EBS & Associates) and…
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The clock is ticking: apply now for your Director ID
If you are a director appointed under the Corporations Act 2001 on or before 31 October 2021, you must apply for a Director ID by 30 November 2022.
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October 2022 Federal Budget Report: Powered by Weekly Tax Bulletin
Unpack all the detail of the October 2022 Federal Budget in this free report, powered by Weekly Tax Bulletin. Download your copy now.
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2021 Budget snapshot
This year’s Budget was dominated by spending measures directed toward social programs, with only a few, very specific, tax changes.
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Downsizer in-specie contributions confirmed by ATO
The ATO has confirmed to the SMSF Association that an individual can make a downsizer super contribution as an in-specie (ie non-cash) contribution, provided that the other eligibility criteria are satisfied.
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Casual employment reforms passed in pared-back Fair Work Amendment Act
The Federal Government passed legislation on 22 March 2021, amending the Fair Work Act 2009 specifically in relation to casual employment.
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Practical compliance guidelines for employee travel: Practically perfect?
This article considers whether the ATO’s Practical compliance guideline for employee travel is the silver bullet employers were seeking.
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Release authorities and SMSF Rollovers: ATO instrument released
The ATO released the Superannuation Data and Payment Standards (Release Authorities, and SMSF Rollovers) Amendment 2021 on 29 March 2021.
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Voluntary JobKeeper repayments – deductible? The ATO response
In response to the decision by some prominent Australian businesses to return their JobKeeper payments, the ATO says that a voluntary repayment will be deductible “in limited circumstances”.
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Decision in asset betterment case sent back to AAT: Le v FCT
The Federal Court has held that the AAT should hear again a case involving assets betterment assessments.
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