SA: Budget Bill update [38]

The Budget Measures Bill 2014 (SA) has passed the SA House of Assembly without amendment and has moved to the Legislative Council. The Bill proposes to implement the SA Budget 2014 measures including the introduction of an $8,500 Seniors Housing Grant (SHG) for new homes where contracts are entered into between 1 July 2014 and 30 June 2016 inclusive.…

Tasmanian Budget 2014-15 handed down [36]

The Tasmanian Budget 2014-15 was handed down Thur 28.8.2014. As part of the Tasmanian Government’s Job Creation Package, the Budget contains the fourth Employee Incentive Scheme Payroll Tax Rebate (EISPR4). This measure provides a payroll tax rebate of up to 2 years for private sector employers who create additional, eligible positions in Tasmania from 30 June 2014 to…

Confidentiality of client information: TPB final information sheet released [32]

The Tax Practitioners Board (TPB) has finalised TPB Information Sheet TPB(I) 21/2014 Code of Professional Conduct – Confidentiality of client information. The information sheet provides guidance on confidentiality of client information, which is one of the obligations for registered agents under item 6 of the Code of Professional Conduct in the Tax Agent Services Act…

Tax (financial) advisers – Australian tax law and commercial law requirements: TPB [34]

The Tax Practitioners Board (TPB) has released the following proposed guidelines as exposure drafts for comment: TPB(PG) D04/2014 Course in Australian taxation law that is approved by the Board for tax (financial) advisers; and TPB(PG) D05/2014 Course in commercial law that is approved by the Board for tax (financial) advisers. The exposure drafts aim to…