*Requirement to lodge 2014 returns: legislative instruments made [12]

Legislative instruments were made on Tue 10.6.2014, requiring: Lodgment of returns for the year of income ending 30 June 2014 in accordance with the ITAA 1936, the ITAA 1997, the Taxation Administration Act 1953, the Superannuation Industry (Supervision) Act 1993 and the Income Tax (Transitional Provisions) Act 1997. This instrument establishes due dates for lodgment of returns.…

*Revised Switzerland-Australia Double Tax Treaty signed and draft legislation to make it law released [10]

On 30 July 2013, Australia and Switzerland signed a revised tax treaty, to replace the existing tax treaty signed in 1980. The revised treaty aims to align the bilateral tax arrangements more closely with current Australian and international treaty policy settings. Treasury on Wed 4.6.2014, released exposure draft legislation, which proposes to give the revised treaty the…

*Service with ADF in Afghanistan tax-exempt and closure of the AVO (consequential changes): Regulations amended [9]

The Tax Laws Amendment (2014 Measures No 1) Regulation 2014 was registered on Fri 13.6.2014. It amends the Income Tax Regulations 1936 to include service with the Australian Defence Force’s Operation Slipper in Afghanistan to be “eligible duty” and exempt from income tax. It also makes consequential amendments to the Income Tax Assessment Regulations 1997…

*Green Army allowance subject to withholding (but no super guarantee) – Regs amended [8]

The Tax and Superannuation Laws Amendment (Green Army Programme) Regulation 2014 was registered on Fri 27.6.2014, to amend the Superannuation Guarantee (Administration) Regulations 1993 to ensure that the superannuation guarantee is not payable by Green Army service providers on allowance payments to Green Army Programme participants. The Regulation will also amend the Taxation Administration Regulations…