The Tax Institute is the most respected and influential contributor to the development of tax policy and administration in Australia. As part of this contribution, we prepare top level submissions on tax policy, administration and technical matters at both Federal and State levels. Non-confidential submissions prepared from 1996 onwards and covering legislation, ATO and Treasury consultative documents and papers, as well as rulings, determinations and a range of other ATO opinion and guideline documents, are available here.
21 May 2020
Several professional bodies representing the tax profession wrote to you on 2 April 2020 to request an extension of the lodgement date for a number of income tax returns that have been due for lodgement during the ongoing COVID-19 crisis. We were grateful for your response where you granted an extension to lodge all income tax returns for individuals, partnerships, trusts and companies to 5 June 2020. However, we write to you again to ask you to consider further extending this date to 30 June 2020.
07 Apr 2020
The Tax Institute has lodged a submission together with the Peak Bodies which represent the tax profession submitting that the JobKeeper subsidy should be exempt from State and Territory payroll tax. Some States have already announced how they will treat the JobKeeper subsidy for payroll tax purposes. However, the Peak Bodies believe the treatment should be uniform.
03 Apr 2020
The Tax Institute has lodged a submission together with the Peak Bodies which represent the tax profession endorsing the STEP Australia submission to make a minor amendment to the Taxation Administration Act 1953 (Cth) to include a registered tax agent, BAS agent or legal practitioner appointed by the LPR of a deceased estate where the primary entity was a deceased individual.