Tax Month – June 2022

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

ATO strengthening client verification – to avoid identity theft and tax refund fraud

  In this the Tax Institute’s Member Newsletter: TaxVine No. 17 (20.5.22), Senior Advocate, Robyn Jacobson, CTA, explains the new client verification guidelines that will impose new obligations on tax practitioners in an effort to address identity theft. Strengthening client verification What is identity theft? Identity theft is insidious. It can wreak devastating financial, social…

Superannuation – what’s new from 1 July 2022 and what are the priorities for further?

In the Tax Institute’s Member Newsletter: TaxVine No. 19 (3.6.22) Kym Bailey, CTA, Chair of The Tax Institute’s National Superannuation Technical Committee (Committee), recaps on the changes to superannuation effective from 1 July 2022 and summarises the key priorities for the Committee over the coming year. In the last weeks of the previous government, several superannuation changes…