Work from home shortcut method extended
October 21, 2021
The ATO has extended the availability of the "shortcut" rate set out in Practical Compliance Guideline PCG 2020/3 for claiming work-from-home running expenses to 30 June 2022.
This me...
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Donations using a Donation Point Tap device
October 1, 2021
On 22 September 2021, with effect from 1 July 2021 to 30 June 2026, the ATO issued Class Ruling CR 2021/62 (Quest Payment Systems Pty Ltd - evidence of a deduction for donations made to a ...
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NSW payroll tax on employer super contributions: Practice note
October 1, 2021
Revenue NSW has issued Practice Note CPN 021 setting out the treatment of superannuation contributions under the Payroll Tax Act 2007 (NSW). The Practice Note explains that employer cont...
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STP phase 2 employer transition approach
October 1, 2021
The ATO have announced that they will allow deferral of Single Touch Payroll (STP) Phase 2 transition.
Where employers can start reporting from 1 January 2022, the ATO will support and ...
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Questionable “products” leading to excess fuel tax credits: ATO taxpayer alert
September 23, 2021
The ATO has issued taxpayer alert TA 2021/3: Fuel tax credit overclaims arising from aggressive marketing and use of GPS telematics technology products.
The Alert raises the ATO's concer...
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Disguising income as gifts or loans from related overseas entities: ATO taxpayer alert
September 23, 2021
The ATO on 17 September 2021 issued taxpayer alert TA 2021/2: Disguising undeclared foreign income as gifts or loans from related overseas entities. The Alert highlights the ATO's concern w...
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Super choice rules will change from 1 November 2021
September 21, 2021
You’ll have an extra step to take if you have new employees who start from 1 November 2021 and they don’t choose a super fund.
You may now need to request their ‘stapled super fund...
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Changes to the myGovID app
September 16, 2021
You may have noticed some changes to your myGovID app, following recent updates.
These changes include the option to verify your photo and set up Strong identity strength. If you choose t...
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ASIC extends time for public companies to hold annual general meetings
September 9, 2021
In a media release, ASIC has formally extended the time public companies have to hold their annual general meetings, due to restrictions on gathering and movement persist during the COVID-1...
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COVID-19 business support programs: data sharing
August 26, 2021
The Treasurer has issued the Taxation Administration (Data Sharing – Relevant COVID-19 Business Support Program) Declaration 2021.
The Declaration lists the programs that have been dec...
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