In late June 2022, the Commissioner finalised and released the ATO’s ‘Protocol’ on claiming Legal Professional Privilege. I chronicled the heat this process has created (see related TT article). The starting point was issuing the Commissioner issuing his draft protocol in September of 2021. Though I have written much about this draft, it is now…
In the Tax Institute’s weekly TaxVine email (No 23, 1.7.22) its Tax Policy and Advocacy team surveyed what will change in this new financial year (from 1 July 2022) what’s new, what ends, what’s stranded and what the new Government might do themselves. This year, we face the additional challenge of pending tax policies from…
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 ______________________________________________________________________________ …
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…
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…
In the Tax Institute’s Members Newsletter: TaxVine No. 18, their General Manager of Tax Policy and Advocacy (TPA), Scott Treatt, CTA, reflects on the outcome of the Federal election and the implications from a tax policy perspective. How is our Parliament shaping up? We now know that, not only is Anthony Albanese as Australia’s 31st…
The ‘bullets’ below shows the seats that are not up for election, under the “Continuing” column, along with those each party has won and is likely to win, according to the ABC elections computer. 40 of the 76 Senate seats are being decided at this election – 2 of 40 seats remain in doubt 2 weeks…
The ATO has issued the attached media release highlighting our work prioritising support and assistance for taxpayers with tax and super debts. However, this really marks a move away from COVID accomodating latitude to ‘firmer debt collection action’ – what it calls ‘normalising its preferred approach. Notwithstanding this (or even because of this) the ATO…
On 4 May 2022 the High Court delivered a judgment of the power of State Tribunals to consider constitutional matters. Without considering the merit of constitutional defence, the Tasmanian Tribunal concluded that it would be exercising judicial power on a Federal Matter, and dismissed the matter, on the basis it lacked jurisdiction. On appeal, the…
In August 2020 I reported that a taxpayer: Stuart Hamilton, was appealing the decision of the AAT, that he was not exempt from tax under the International Organisations (Privileges and Immunities) Act 1963 [IOPIA], on the basis of the 2017 High Court case of CofT v Jayasinghe [2017] HCA 26) (see related TT article). You would be forgiven for thinking…