On 25 August 2021, the AAT decided a GST case: WYPF v CofT, in which it held that an ACT developer, of new residential premises, could not reduce the ‘margin’, on which GST is payable, under Div 75 of the GST Act, by $77m cost of its ‘Building Works’. The ATO accepted that both the…
In Victoria, we’re no longer alone in being pretty Covid weary, but spare a thought for our Authorised Workers, who’ve just had the 4th change, in 12 days, in restrictions affecting whether they can get childminding. The latest change relaxes restrictions, so childminding is now available, but only if the child is enrolled in primary…
The Federal Treasurer and the ACT Chief Minister have issued a joint media release advising that the COVID-19 economic support measures have been expanded due to the extension of the lockdown in the ACT. The extension is currently due to run to 17 September 2021. See below for further details. [Tax Month – August 2021] …
On 30 August 2021, Treasury registered the latest compilation of Accounting Standard AASB 112 – Income Taxes. This compilation incorporates relevant amendments made up to and including 6 March 2020. See below for further detail. [Tax Month – August 2021] AASB 112 Income Taxes prescribes the accounting treatment for income taxes. The principal issue in accounting for income…
On 20 August 2021, the Full Federal Court allowed the ATO’s appeal, holding that commissions paid by, and rebates paid or received, under agreements with junket tour operators, should be not be taken into account, in working out the casino’s “global GST amounts” – because, in essence, they were not paid to the gamblers, but…
On Monday this week (23.8.21) I reported on the relaxations, in restrictions, for Authorised Workers (including many lawyers) trying to look after their children, whilst working. However, just a few days later, there have been further changes, so that parents can only access ‘child-minding’ for children under school age. This is with effect from the…
New public health directions, introducing further restrictions, came into force at 12:59 pm on Saturday 21 August 2021. They were modified, slightly, 35 hours later. The Victorian Bar has just advised members of the impact of these restrictions, on their work. I thought this was of sufficient relevance to lawyers as a whole (and perhaps…
On 4 August 2021, the High Court unanimously allowed an appeal from a judgment of the Full Court of the Federal Court of Australia, finding that Mr Rossato was not a ‘casual’ employee, and was not entitled to paid leave and holiday entitlements. This was despite the facts not being very different to a 2018…
On 4 August 2021, the Australian High Court bolstered the power of business to define employment by contract, overturning a landmark “double dipping” decision that meant regular casuals were entitled to paid leave and left businesses facing a potential $39 billion backpay bill (see related TT article about WorkPac Pty Ltd v Rossato & Ors…
8.8.2021 – On-demand delivery contractor Deliveroo will use a High Court judgment (see related TT article on Rossato case) bolstering freedom of contract to try to overrule a decision that its riders are really employees entitled to minimum wages – see related TT articles about the position in Australia, that UK courts have held the opposite, (whilst holding…