New LAFHA Regime Kicks In From 1 October 2012
The new legislation containing changes to the current Living Away From Home Allowances (“LAFHA”) regime was recently passed. For employers with LAFHA arrangements entered into
News & Insights
Excess Super Contributions: Once Only Refund Offer
The ATO has started offering refunds to some individuals who have exceeded their annual superannuation concessional contributions cap. From the 2011-2012 year, there is a
Contractor Payments Undergo ATO Data Matching
The ATO has recently released details of a data-matching program focusing on contractor payments. Under the program, the ATO intends to collect information in relation
Special Circumstances Found To Set Aside Excess Contributions Tax
A taxpayer has successfully argued before the AAT that there were special circumstances in his situation to allow for the exercise of the Commissioner’s discretion
Depreciation Deduction Allowed For Certain Equipment
A recent case before the AAT has highlighted the need for businesses to maintain appropriate records of plant and equipment used in business.
Honest Mistake In Not Documenting Private Company Loans
A taxpayer has been, in most part, successful before the Administrative Appeals Tribunal (AAT) in relation to a matter concerning loans from a private company.
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