legislation

Self-assessment, and the evolution of reliable tax guidance

  The way in which our tax laws operate with regard to tax revenue collection interactions between the ATO and Australian taxpaying citizens changed dramatically just over 30 years ago when the then Treasurer Paul Keating introduced the Taxation Laws Amendment Act 1986, which introduced a system of tax collection that to this day is

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SG amnesty: Are reports of ATO leniency off the mark?

  The failure of the Superannuation Guarantee Amnesty to pass into law has led to a problem. To recap, the Superannuation Guarantee Amnesty was to be available for the 12-month period from 24 May 2018 to 23 May 2019. To get the benefits of the amnesty (set out below) employers must during this 12-month period

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Div 165: The GST regime’s Part IVA

  Division 165 of the GST Act contains anti-avoidance provisions in respect of GST that are similar to those available for income tax purposes. The Division 165 rules are designed to deter schemes that would produce benefits by reducing GST payable, increasing refunds, or altering the timing of payment of GST or refunds, and are

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The tax-related bills that your clients are STILL waiting for

  It may pay to remind clients that could possibly be affected that the following pieces of legislation have not yet made it into law: Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018 Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2018 Treasury

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