TAXATION

Passenger movement and visa data-matching by the ATO

Heading overseas for work or a holiday? Taxation issues, including tax residency, should be on front of mind when departing from or arriving to Australia. Why? Because the Australian Taxation Office (ATO) can follow your footprints and, if you’re not careful, spring unexpected taxes on you.

Read More

Out with the old (section 260) and in with the new (Part IVA)

Part IVA overcomes deficiencies of section 260 of the Income Tax Assessment Act (ITAA), exposed by judicial decisions. Part IVA was introduced, albeit with limitations on scope, to provide an appropriate balance between combatting tax avoidance without discouraging commercial and familial transactions.

Read More
An alarm clock and gavel sit upon a calendar on a desk

Holm and Commissioner of Taxation [2023] AATA 3545 (31 October 2023)

On 20 October 2022, Mr Kenneth Holm (Applicant), wrote a letter to the ATO (Respondent) seeking to have his taxable income decreased by $2 for each of the income years from 1999 to 2019 (the relevant years), as well as for 2020 and 2021, for deductions for an estimated 20 work-related text messages he sent each year.

Read More
Waiter with tablet at the cafe

JobKeeper 2.0

Extension period On 21 July 2020, the Federal government announced an extension to the JobKeeper scheme from 28 September 2020 until 28 March 2021. The

Read More

Send an enquiry

Any personal information you provide is collected pursuant to our Privacy Policy.

Categories
Archives
Author