Protecting myGovIDs Providing tax professionals with access to online services is critical to the efficiency and effectiveness of the system. To keep the system safe the ATO rely on professionals to protect their myGovID and their personal information. Recently the ATO have...

Read More

Legislation to be introduced to “enshrine right to super” The Government has announced that legislation will be introduced into Parliament this week to “enshrine a right to superannuation payments” under the “National Employment Standards”. The Government said that the proposed change would...

Read More

Super: Our submission on the objective of superannuation On 28 March 2023, the Institute of Financial Professionals Australia (IFPA) provided its submission on legislating the objective of superannuation. While we fully support consistency in future policy making around superannuation, which...

Read More

Super Guarantee: Full Court confirms that drivers were independent contractors The Full Federal Court has confirmed that the appellants did not fall within the extended definition of “employee” pursuant to s 12(3) of the Superannuation Guarantee (Administration) Act 1992 and that the...

Read More

MONDAY No change to amount of Private Health Insurance rebate The Government has advised that there will be no changes to the Australian Government Private Health Insurance (PHI) Rebate. This follows the release of the annual indexed figures for the Rebate Adjustment...

Read More

Tax law Bill introduced – miscellaneous amendments The Treasury Laws Amendment (Refining and Improving our Tax System) Bill 2023 was introduced into Parliament on Wed 22 March 2023. The proposed measures contained in the Bill will: Amend the International Tax Agreements Act...

Read More

Lawyer jailed for 12 years for tax fraud The ATO has reported that five people have now been found guilty in the Supreme Court of NSW for their roles in a syndicate alleged to have conducted a $105m tax fraud over 3...

Read More

ATO: 2023 FBT time The ATO has reminded employers that if they have provided fringe benefits to employees or their associates between 1 April 2022 and 31 March 2023, it’s now time to lodge and pay their 2023 fringe benefits tax (FBT)...

Read More

No change to amount of Private Health Insurance rebate The Government has advised that there will be no changes to the Australian Government Private Health Insurance (PHI) Rebate. This follows the release of the annual indexed figures for the Rebate Adjustment Factor...

Read More

TUESDAY No special leave to appeal sought in Guardian case It has been reported that neither the taxpayer nor the Commissioner has lodged special leave applications to appeal to the High Court from the decision of the Full Federal Court...

Read More