T a x T e c h n i c a l – M o n t h l y N e w s – April 2022 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 ______________________________________________________________________________ …
Schedule 4 to the Treasury Laws Amendment (Cost of Living Support and Other Measures) Bill 2022 (‘main Bill‘) introduces amendments make it easier for businesses to create employee share schemes, which the Explanatory Memorandum described as follows. In essence they are relief from the Corporations Act requirements for disclosure and obtaining a an Australian financial services licence.…
Immediately following the 29.3.2022 Federal Budget (viz: on 30.3.22) the Government introduced legislation to enact the taxation, levy, tax refund and other social security measures announced. The Bills are the Treasury Laws Amendment (Cost of Living Support and Other Measures) Bill 2022 and 2 accompanying Bills – the Excise Tariff Amendment (Cost of Living Support) Bill 2022 and…