ATO improves and streamlines private ruling applications

During one of its regular reviews of private advice, the ATO says it discovered that tax practitioners have tended to spend a lot of time drafting proposed rulings, which ATO staff then subsequently revise and/or amend.

Responding to practitioner feedback, the ATO has decided to ramp up its efforts to streamline the process. It says comments and feedback from tax professionals favoured a system where practitioners could provide drafts of their own proposed rulings, but with ATO staff guidance and endorsement from the outset.

As such, the ATO has now taken such feedback on board and now has a streamlined private ruling application form available for you as an additional option (download the form from here).

This initiative allows tax practitioners to lodge applications in an accepted style and format for ATO purposes. The new form also provides greater guidance when applying for a private ruling, and recognises, as the ATO puts it, the average practitioner’s “significant skill and ability”.

To apply for a private ruling:

  • Download the appropriate private ruling application form.
  • Check whether the topic of your application is listed under supporting documents.
  • Complete the private ruling application form and attach all the required information.
  • Lodge your application.

There are various ways to lodge, depending on your circumstances.

If you’re a tax agent, lodge:

If you’re a business portal user lodge:

The appropriate fax number or postal address are:

Entity type or matter Fax Post
Individuals and micro business (less than $2 million turnover) 1300 139 011 Australian Taxation Office
PO Box 3000
PENRITH NSW 2740
Small and medium businesses and private entities (more than $2 million turnover) (02) 6225 0906 Australian Taxation Office
PO Box 3000
PENRITH NSW 2740
Excise including fuel schemes and wine equalisation tax 1300 650 128 Australian Taxation Office
PO Box 3001
PENRITH NSW 2740
Superannuation 1300 669 846 Australian Taxation Office
PO Box 3100
PENRITH NSW 2740
Listed companies, foreign owned entities and international matters 1300 661 106 Australian Taxation Office
PO Box 377
ALBURY NSW 2640
Non-commercial losses 1300 139 011 Australian Taxation Office
PO Box 3000
PENRITH NSW 2740
Goods and services tax 1300 139 031 Australian Taxation Office
PO Box 3524
ALBURY NSW 2640
Resource rent taxes (petroleum or mineral) 1300 139 011 Australian Taxation Office
PO Box 1130
PENRITH  NSW  2740
Accounting, debt, lodgment or registration matters 1300 139 035 Australian Taxation Office
PO Box 9990
ALBURY NSW 2640
Investment schemes advice 1800 033 211 Australian Taxation Office
PO Box 3546
ALBURY  NSW  2640

 

Post a comment