PCG 2018/4 (update) – LPR’s personal liability if estate assets distributed with notice of ATO claim

On 10 April 2024, the Commissioner updated his Practical Compliance Guideline PCG 2018/4, to make it apply to ‘less complex estates’; expand the size of such Estate assets, and amend his guidance on what tax liabilities, he will treat an Executor/Legal Personnel Representative (LPR) as having notice. I will get to these updates, shortly, after surveying…

Bechtel Australia Pty Ltd v FCT – Employer paid long distance travel for FIFO employees was subject to FBT – the “otherwise deductible” rule did not apply under the anomalous ‘home to work’ travel rules

The Full Federal Court has upheld a decision that ‘Fly in Fly out’ (FIFO) employees would not have been allowed a deduction for the expenses, of travelling to and from a remote work site, had they incurred those expenses themselves. Accordingly, there was no “otherwise deductible” exemption, that prevented the employer having to pay Fringe…

Tax Month – April 2024

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – April 2024 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 ______________________________________________________________________________ COMPILING…

Tax Month – February 2024

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – February 2024 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 ______________________________________________________________________________  …

Tax Month – January 2024

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – January 2024 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 ______________________________________________________________________________  …

Tax Month – December 2024

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – December 2023 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 ______________________________________________________________________________  …

Tax Month – November 2024

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – November 2023 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 ______________________________________________________________________________  …

Tax Month – October 2023

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – October 2023 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 ______________________________________________________________________________  …

Tax Month – September 2023

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – September 2023 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 ______________________________________________________________________________  …

Tax Month – August 2023

T a x  T e c h n i c a l  –  M o n t h l y  N e w s – August 2023 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 ______________________________________________________________________________  …