High Court rules on employee vs independent contractor distinction
February 17, 2022
The High Court has made two rulings in relation to the distinction between employees and independent contractors.
In Construction, Forestry, Maritime, Mining and Energy Union & Anor v ...
Read More Read More
SME Loan Guarantee Scheme extended to 30 June 2022
December 16, 2021
The Treasurer announced on Monday 13 December 2021 that the SME Loan Guarantee Scheme will be extended by 6 months to 30 June 2022.
This extension keeps the same terms and conditions as...
Read More Read More
DGRs eligibility has changed from 14 December
December 16, 2021
DGRs that were endorsed under one of the 11 amended DGR categories prior to 14 December 2021, need to check they meet the changed requirements. From 14 December 2021 all general deductible...
Read More Read More
COVID-19 vaccination incentives and rewards – ATO fact sheet
December 16, 2021
The ATO has released a fact sheet for employers on the tax and superannuation consequences of providing incentives or rewards to employees who get vaccinated against COVID-19.
Specifica...
Read More Read More
Professional firms profit allocation guideline finalised
December 16, 2021
The ATO has finalised Practical Compliance Guideline PCG 2021/4 Allocation of professional firm profits – ATO compliance approach that sets out the ATO’s compliance approach to the al...
Read More Read More
SA Land Tax – date to nominate a designated beneficiary for discretionary trusts closes on 31 December 2021
December 9, 2021
Revenue SA is reminding taxpayers and their advisers that where land was acquired by a discretionary trust on or before 16 October 2019, the discretionary trust has until 31 December 2021 to...
Read More Read More
SGC: remission of additional penalty post-amnesty – PS LA 2021/3
December 2, 2021
Practice Statement PS LA 2021/3 was finalised by the ATO on and with effect from 25 November 2021, sets out the ATO's revised decision-making principles for remitting the additional superan...
Read More Read More
Class and Product Rulings issued – CR 2021/79-82, PR 2021/15
December 2, 2021
Four Class Rulings were issued on Wednesday 24 November 2021:
CR 2021/79 - Woolworths Group Limited - off-market share buy-back.
CR 2021/80 - Two10degrees Pty Ltd - use of Globa...
Read More Read More
Do you have non-resident employers’ withholding obligations in New Zealand?
December 2, 2021
he NZ IRD has published Operational Statement OS 21/04 which clarifies the tax withholding obligation of non-resident employers (including from Australia) in cross-border employment situat...
Read More Read More
Simplified transfer pricing record-keeping options: 2021-22 interest rates – PCG 2017/2 updated
November 19, 2021
On Thursday 11 November, the ATO released an updated version of Practical Compliance Guideline PCG 2017/2, which gives eligible entities various simplified transfer pricing record-keeping o...
Read More Read More
