Tax Month – November 2021

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – November 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 ______________________________________________________________________________  …

Wood v CofT – Taxpayer loses ‘serious hardship’ appeal – $91,000 for renting a large house, $110,724 in private school fees

The Federal Court has dismissed a taxpayer’s appeal against a decision not to release him from his tax liabilities on grounds of serious hardship. The taxpayer was a paediatric surgery registrar and surgical assistant who managed his tax affairs poorly. He failed to lodge on time his tax returns for most years from 2007 to 2017…

IGTO report: The effectiveness of the ATO’s communication of taxpayers’ rights to complain and appeal etc.

On Thursday 14 October 2021, the Inspector-General of Taxation and Taxation Ombudsman (IGTO), Karen Payne today released her latest report, “An investigation into the effectiveness of the Australian Taxation Office (ATO) communications of taxpayer rights to complain, review and appeal”. The report provides a detailed look at ATO communications in relation to a sample of…