ATO data-matching: ride sourcing data for 200,000 individuals

ATO data-matching: ride sourcing data for 200,000 individuals

April 27, 2023

The Commissioner has gazetted the Notice of a ride sourcing data-matching program.It will enable the ATO to acquire ride sourcing data to identify individuals that may be engaged in provid...Read More Read More

ATO’s general remission power: draft LI 2023/D10 

April 27, 2023

The ATO has issued a draft legislative instrument that seeks to codify its long-standing practice of remitting interest or penalties to certain classes of entities, including where the char...Read More Read More

Changes to income thresholds for Medicare levy surcharge for 2024 financial year

April 20, 2023

The income thresholds for Medicare levy surcharge increases from 1 July 2023 ThresholdBase tierTier 1Tier 2Tier 3Single threshold$93,000 or less$93,001 – $108,000$108,001 – $144,000$...Read More Read More

Victoria: New payroll tax ruling on interest and penalty tax

April 6, 2023

The State Revenue Office of Victoria has issued a ruling PTA-036v5 to replace PTA-036v4 , with effect from 1 April 2023. Under PTA-036v5, when an employer makes a voluntary disclosure...Read More Read More

Buy-now, pay-later providers: GST considerations

April 6, 2023

The ATO has released a "guidance" which sets out what it sees as the key GST considerations for buy-now, pay-later providers. It focusses on assisting providers to determine their entitlem...Read More Read More

Options to resolve ATO disputes

April 6, 2023

The ATO reminds agents and taxpayers if they disagree with a decision the ATO made about their tax affairs, they may be able to use one of their free options for resolving disputes. ...Read More Read More

FBT: LAFHA – reasonable amounts for meals for 2023-24 FBT year  

April 6, 2023

The ATO released the weekly amounts it considers reasonable for food and drink expenses incurred by employees receiving a living-away-from-home allowance fringe benefit for the 2023-24 FB...Read More Read More

FBT: cents per kilometre rates for 2023-24 

April 6, 2023

The ATO published the cents per kilometre rates for calculating the taxable value of a fringe benefit arising in the 2023-24 FBT year from the private use of a motor vehicle (other than a...Read More Read More

NSW surcharge purchaser duty & surcharge land tax reversal

March 16, 2023

NSW Revenue has issued a release stating the NSW surcharge provisions are inconsistent with international tax treaties entered into by the Federal Government with New Zealand, Finland, Ge...Read More Read More

ATO Fact Sheet for NSW taxi licence owners

March 16, 2023

The ATO released a fact sheet outlining the tax treatment of NSW Government payments made to eligible taxi licence holders under its Point to Point Financial Assistance Scheme. The ATO co...Read More Read More