One of the areas of particular interest to the ATO is s 100 of the ITAA 1936. This article looks at what s 100 is, why it has garnered significant attention in recent years, and respective guidance for tax advisors.
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Are spreadsheets hindering your indirect tax processes?
Spreadsheets have their place, there’s no doubt about that. But the way they’re being used in the indirect tax world right now is a cause for concern.
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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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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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Moving away from spreadsheets: 3 ways to automate your tax process
Keep using spreadsheets? Sure, they have their place, but it’s more for certain types of tasks, not necessarily for everything that you’re trying to do.
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ATO data-matching for motor vehicle registrations
The ATO has gazetted a Notice which will enable it to acquire motor vehicle registry data from State and Territory motor vehicle registry authorities for the period 2019-20 to 2021-22.
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High Court rules Westpac super switching campaign was “personal advice”
The High Court has dismissed Westpac’s appeal and ruled that it had provided “personal advice” (and not simply “general advice”) in relation to a superannuation switching campaign.
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Legislation 2021 – What remains before parliament?
Explore which bills have been introduced in the Australian Parliament but are yet to be passed.
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TSB winds up FASEA: New body to be announced
The Treasurer and the Assistant Minister for Superannuation, Financial Services and Financial Technology have issued a joint media release announcing changes to the regulatory framework that applies to financial advisers.
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JobMaker Hiring Credit now open – What do employers need to know?
Now that the JobMaker Hiring Credit is open, there are a number of criteria that employers and employees must meet in order for the credit to be payable.
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