Monthly Tax Insight

Monthly Tax Insight: November 2022

    

Tax Update

This paper for November 2022 covers:

  • Duff – residency
  • T.D.S. Biz – R&D tax incentive
  • H & B Auto Repair Centre – eligibility to claim input tax credits
  • Burdett – employee v contractor
  • Grech – tax agent supervision
  • Priority Matters – PAYG estimates regime
  • Ross – appropriation of estate assets
  • Elanor Operations – Appeal Update
  • BBlood Enterprises – Appeal Update
  • Other tax and superannuation related cases in period of 11 October 2022 – 7 November 2022 20

  • Progress of legislation
  • Duty on Russian and Belarussian imports
  • Property Tax (First Home Buyer Choice) Bill (NSW)
  • Auditor Fee Regulation consultation
  • Commonwealth penalty unit Bill
  • Consultation on beneficial ownership register

  • Key tax measures
  • Measures not proceeding
  • Deferred start dates

  • Goods taken from stock for private use
  • VIC land tax primary production draft ruling LTA-010
  • VIC land tax primary production draft ruling LTA-011
  • Superannuation Guarantee Ruling – update
  • FBT car parking benefits

  • GST and M&A
  • Deductions for travel
  • Reporting obligations for ESS
  • GST and provision of accounting services by non-resident
  • Deductions for gift of artwork

  • Working from home expense deductions
  • First homes for regional Australians
  • Unpaid tax in NSW soars above $1 billion, ‘no strategy’ to correct it
  • Charities with outstanding reporting risk revocation
  • DTA with Iceland
  • Tax agents banned for lying about SMSF audits
  • Commercial rent or lease payment changes
  • Detailed business record-keeping requirements
  • Time running out to apply for a Director ID

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