A recent AAT decision serves as a reminder that the AAT cannot review an objection decision made by or on behalf of a company if the company no longer exists. A director of a trustee company applied to the AAT for review of an ATO decision disallowing an objection to an assessment for penalties imposed…
On Monday 28.2.22, the Tasmanian Government announced land tax threshold changes as tax relief for property owners. The tax-free threshold for land tax will increase to $100,000 (from $50,000) while the upper threshold for land tax will be increased to $500,000 (from $400,000). The tax rate for land valued between $100,000 and $500,000 will also be…
On 8.3.22, the Tasmanian Government announced that legislation has been introduced to extend the Payroll Tax Rebate Scheme to 30 June 2024. The Scheme provides a rebate to employers for employing apprentices, trainees and youth employees. The Government said the Scheme supports around 3,000 apprentice, trainee and youth employee placements each year. [Tax Month – March 2022 – Previous…