Newsletter
July 2014 Newsletter
Individual working overseas not a tax resident
An individual has been successful before the AAT in arguing that he was not a "resident" of Australia for tax purposes for the 2009 and 2010 income years...
read more
Tax debt release on serious hardship grounds refused
In a recent case, the Administrative Appeals Tribunal (AAT) refused an individual's application to be released from his tax debt of $58,000 on the grounds of serious hardship...
read more
Property development managers denied GST credits
Two taxpayers have been denied GST input tax credits they had claimed in respect of purported acquisitions made in relation to property developments...
read more
ATO debt collection approach under review
The Inspector-General of Taxation, Mr Ali Noroozi, has announced that he will review the ATO's approach to debt collection...
read more
New ATO approach to identifying SMSF risks
Trustees of self managed superannuation funds (SMSFs) need to be aware of how the ATO gathers information about them in order for the ATO...
read more
New integrity rule targeting dividend washing
The government has proposed to amend the law to introduce an integrity rule that will curtail taxpayers’ ability to obtain a tax benefit from "dividend washing"...
read more
Administrator of deceased estate breached duty
The Supreme Court of Queensland has ruled that an administrator of a deceased estate breached her fiduciary duty by applying for her deceased son's...
read more