On 7.9.2020, the Queensland government announced additional relief measures to help protect small and medium business in Queensland through the COVID-19 pandemic – including payroll tax relief. See below for details. [Tax Month – September 2020]
On 4.9.2020, the Federal Court has rejected a claim for legal professional privilege (LPP) on documents produced to ASIC that form part of civil penalty proceedings involving a Banking Royal Commission case study. See below for details. [Tax Month – September 2020]
The ATO has released its findings on SMSF auditor number (SAN) misuse mailout to SMSF auditors for SMSF annual returns (SAR) lodged for the 2018 income year – as part of its measures to stop unregistered auditors appropriating the number of a registered auditor. See below for details. [Tax Month – August 2020]
In a media release on Thur 20.8.2020, the TPB unveiled its 2020-21 corporate plan in conjunction with its 10th anniversary, outlining its purpose, vision and values for the coming year. TPB Chair, Ian Klug AM in his introductory message spoke to the importance of the profession’s role in upholding the integrity of the tax system…
On 19.8.2020, ASIC announced it had cancelled, or imposed conditions on, the registration of a number of auditors of self-managed superannuation funds (SMSFs) who had not maintained an appropriate level of audit experience. See below for details. [Tax Month – August 2020]