On 9 Dec 2019, the AAT affirmed the decision of the Tax Practioners Board (TPB) not to register the applicant, because he had worked remotely and there was no evidence that had done relevant work “under the supervision and control” of a registered tax agent (who, incidentally was deregistered for lack of supervision). The facts…
A taxpayer was unable to claim a deduction for personal super contributions as he was over a year late in giving the required notice to his super fund. This provision is diabolical. To claim a deduction you need to have given the fund a notice of the amount you wish to deduct and got the…
The Federal Court has ordered Statewide Superannuation Pty Ltd to pay civil penalties totalling $4 million for providing members with misleading information about their (actually lapsed) insurance, charging them premiums for this lapsed insurance and failing to report the issue to ASIC. This conduct was not deliberate but stemmed from inadequate management and risk control…