Tax Month – April 2021

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – April 2021 Edition – ‘Tax Developments’ for tax practitioners by a tax practitioner.   Compiled by F John Morgan A member of the Victorian Bar (www.FJMtax.com) Table of Contents ______________________________________________________________________________ COMPILING…

PCG 2021/D2 – Allocation of professional firm profits – ‘exposure draft’ finally released – ATO says same three factors still apply

On Monday 1.3.2021, the ATO released a DRAFT Practical Compliance Guideline PCG 2021/D2: Allocation of professional firm profits – ATO compliance approach. The Guideline explains how the ATO intends to apply compliance resources when considering the allocation of professional firm profit or income in the assessable income of the individual professional practitioner (IPP). The Law…

Tax Month – March 2021

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – March 2021 Edition – ‘Tax Developments’ for tax practitioners by a tax practitioner.   Compiled by F John Morgan A member of the Victorian Bar (www.FJMtax.com) Table of Contents ______________________________________________________________________________ COMPILING…