The WA State Administrative Tribunal has affirmed the decision of the WA Commissioner of State Revenue not to wholly remit the amount of penalty tax imposed. The taxpayer carried on business as an employment agency in the mining industry. During the relevant period, the Commissioner imposed penalties totalling some $342,000 for late lodgment of payroll…
In a decision handed down on Thur 12.9.2013, the NSW Administrative Decisions Tribunal refused a taxpayer’s claim for the primary production land tax exemption under 10AA(3) of the Land Tax Management Act 1956 (NSW). The taxpayer had purchased the property, described as “vacant farm land”, in June 2007. The Tribunal heard details of various proposed developments, which…
The Appeal Panel of the NSW Administrative Decisions Tribunal has allowed a taxpayer’s appeal against an earlier decision which had refused the taxpayer’s application to be excluded from a payroll tax group under s 79 of the Payroll Tax Act 2007 (NSW). In June 2011, the Commissioner issued payroll tax assessments to the taxpayer for the 2008 to…
The Duties Amendment Regulations (No 2) 2013 (WA) was gazetted on 20 September 2013. They replace reg 4 of the Duties Regulations 2008 (WA) to amend the list of prescribed transactions that are not dutiable transactions under the Duties Act 2008 (WA). Date of effect: The changes vary depending on the prescribed item. Source: WA Government Gazette…
The Revenue Laws Amendment Bill 2013 (WA) has passed all stages without amendment and awaits Assent. It amends the Duties Act 2008 (WA) and the Taxation Administration Act 2003 (WA) to introduce interim assessment and related provisions. These will allow the WA Commissioner of State Revenue to assess and collect duty on large, high complexity…
The Taxation and Related Legislation (Miscellaneous Amendments) Bill 2013 (Tas) has passed the Tasmanian House of Assembly without amendment and has moved to the Legislative Council. It was introduced into the House on 17 September 2013. Some of the key amendments include: amendments to the Duties Act 2001 (Tas) to include as consideration for the transfer of…
The Succession Duties Repeal Bill 2013 (SA) was introduced into the SA House of Assembly on 11 September 2013. The Bill proposes to repeal the Succession Duties Act 1929 (SA). The SA Government noted that all other Australian jurisdictions have abolished comparable legislation on the basis that the employment of resources required to administer the legislation was…
The Duties (Duty Deferral) Amendment Bill 2013 (ACT) has passed all stages of the ACT Legislative Assembly without amendment and awaits notification. As part of the ACT Government’s housing affordability measures, amendments were made to the First Home Owner Grant Act 2000 (ACT) which took effect from 1 September 2013. These amendments retarget the grant to new…
In a decision handed down on Fri 20.9.2013, the AAT refused an application for a stay of a Tax Practitioners Board (TPB) decision to cancel the registration of a tax agent and declare that he may not apply for registration for a period of 3 years. The applicant registered as a tax agent in November 2010 and in 2011…
According to a survey conducted by the Tax Practitioners Board (TPB) and the ATO, tax practitioners have a healthy level of awareness of the TPB’s role and a broad understanding of the key elements of the tax agent services regime. The survey also indicated a high level of contact by practitioners with the TPB, particularly…