Tax Bulletin

September 2, 2019

Tax Bulletin – August 2019

There continued to be a number of interesting cases in August, including three cases on the Personal Services Income rules. Further, the Small Business Tax Gap was released, which suggests that we can expect further compliance activity aimed at this class of taxpayers. These and other updates are covered in our August Tax Bulletin. CASE LAW UPDATE PA Wade No2 […]
July 29, 2019

Tax Bulletin – July 2019

July  has been busy on the legislation front with the reintroduction of lapsed legislation, as well as the introduction of measures originally announced in the 2018-19 Federal Budget. This includes the denial of deduction of holding costs for vacant land, which we have particular concerns in relation to.  These and other updates are covered in our July Tax Bulletin. LEGISLATIVE UPDATE Denial […]
July 2, 2019

Tax Bulletin – June 2019

This month three specific ATO Fact Sheets have been released for small businesses. With Parliament resuming we can expect debates and focus on personal tax cuts, however it is also important to remember the tax changes that apply from 1 July 2019 (some for which legislation is yet to be seen). These, together with a recent cases and ATO Rulings […]
June 2, 2019

Tax Bulletin – May 2019

May 2019 saw the Coalition win the Federal Election, and the 2019/2020 Victorian State Budget be handed down. These together with a number of cases, ATO rulings and new compliance focuses, are covered in our May Tax Bulletin. VICTORIAN STATE BUDGET The Victorian State Budget was handed down on 27 May 2019. Regional Victoria is a ‘winner’ from the Budget, […]