An employer held store revenue in trust for its professional staff and then distributed this on a regular basis. Were these payments, under the contractor provisions, subject to the conditions under the payroll tax regime?
An AAT case about personal services income is instructive regarding distributions from a trust. The decision found in favour of the ATO, which deemed it to be ordinary income.
John Jeffreys* There are two ways that tax practitioners can look at the election result — and these have nothing to do with the shades of blue or red that may have tinged your voting intentions in the lead up to May 18. During the election campaign, with now de-bunked polls asserting a change of
Tax & Super Australia (TSA) urges Opposition Leader Bill Shorten to stop his attack on everyday Australians and drop his proposal to put a $3,000 limit on the amount that taxpayers can claim as a deduction for tax advice and services. Mr Shorten’s proposal is “absurd” because it is based on three false premises,
Some members may be concerned by the recent statement of the Tax Practitioners Board (TPB) that it will be requiring tax agents, who have had a complaint made against them, to try and resolve the complaint within 72 hours of the tax agent being advised of the complaint by the TPB. This announcement has
A point of clarification about an item in our last eNewsletter. In our last eNewsletter we wrote about getting a tax deduction for managing tax affairs (this was titled ‘A strategy to increase your client’s deductions for simply lodging their tax’, but this has since been taken down*). The section that gives you this