The ATO has a vision (no, not a dream – this is closer to reality than you might think) of significant improvements in the way in which ta…
Terry Hayes is the editor-in-chief of tax news reporting at Thomson Reuters, a leading Australian provider of tax, accounting and legal information solutions.
The ATO has a vision (no, not a dream – this is closer to reality than you might think) of significant improvements in the way in which ta…
The federal government has announced the establishment of a Productivity Commission Inquiry into Child Care and Early Childhood Learning. Pr…
Under the GST law, a person or a business can claim input tax credits (ITCs) for acquiring things for a creditable purpose. A taxpayer acqui…
The Commissioner of Taxation’s Annual Report for 2012-13 has been released. Always full of interesting statistics, the report says that in …
Last week, the Federal Government released for comment draft legislation to repeal the Minerals Resource Rent Tax (MRRT), the “mining tax”, …
The tax law contains time limits for doing all sorts of things, including applying for GST refunds. Broadly speaking, under the GST law, an…
The tax law contains exemptions from capital gains tax (CGT) for a person’s principal or main residence. But, as always, it’s not as simple …
Self-managed super funds (SMSFs), also known as DIY super funds, have been in the news lately regarding their alleged propensity for borrowi…
Parents often like to lend a helping hand to their children, even when they are adults. This can range from a few dollars to buy some fu…
The sale of a property has GST implications and, potentially, income tax consequences. The GST implications can catch out those who are not …
A taxpayer has been unsuccessful before the AAT in arguing for relief from the Tax Commissioner’s imposition of excess non-concessional co…
I’ve been overseas for the last few weeks on holiday (well deserved, of course!) and have blissfully missed all the electioneering since the…
