ATO

Much has been written on the recent release by the Commissioner of the package of draft ruling and determination dealing with the ATO’s long-awaited views on the application of s 100A and repeal of the current administrative treatment of UPEs for Div 7A purposes with proposed effect from 1 July 2022. I don’t wish to […]

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I’ll admit to the glamorisation of the role of a legal practitioner following television shows such as “Suits”. Let me tell you; being a lawyer is nowhere near as glamorous as the role portrayed by Harvey Specter’s character, but sometimes I think that some tax agents also think of themselves as glorified lawyers, especially when it […]

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A recent newspaper article caught my eye. Apparently, the ATO, working together with a federal government specialist team in behavioural economics targeted 2,000 tax agents, sending them a letter that specifically named taxpayers who were lodging tax returns claiming higher than expected work-related expense claims. This seems to be more of an experiment more than a […]

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