ESV – Business advisors and accountants sydney — Personal Tax Archives - Page 2 of 3 - ESV

New car parking FBT changes announced

The latest Taxation Ruling (“TR”) 2021/2 released by the ATO on 16 June 2021 sets out the Commissioner’s view on when the provision of car parking is a ‘car parking benefit’ for the purposes of the Fringe Benefits Tax Assessment Act 1986.

Foreign residents, OECD and turning a blind eye

As a result of the COVID-19 pandemic, many businesses and people are unable to undertake their normal business operations or perform their work from the usual locations.

Short cut your home office expense claims

The ATO have announced a temporary simplified short cut methodology to claim home office expenses specifically for the period 1 March 2020 to (at least) 30 June 2020.

Accessing the ATO Portal – Action required

No doubt you have read that the ATO are undertaking an IT upgrade following all of their recent problems. As part of this process that ATO are phasing out the use of AUSkey, the target end date for AUSkey being March 2020. AUSkey is the way through which your computer is identified by the ATO systems.

Accessing the ATO Portal – Action required

No doubt you have read that the ATO are undertaking an IT upgrade following all of their recent problems. As part of this process that ATO are phasing out the use of AUSkey, the target end date for AUSkey being March 2020. AUSkey is the way through which your computer is identified by the ATO systems.

Top tips and traps to watch when owning or selling UK property

Lisa Spearman is a partner with Mercer & Hole in London. Mercer & Hole is a member of our International Alliance TIAG and Lisa will be joining us when ESV hosts the TIAG conference in Sydney from October 30. The UK has several specific rules relating to real property and we have asked Lisa to highlight some of the key issues to watch.

Additional complexity for Non-resident Trust beneficiaries

The Australian Tax Office (ATO) have recently released two draft taxation determinations TD 2019/D6 and /D7, which address the tax treatment of capital gains distributed by Australian resident trusts to non-resident beneficiaries.

2019 Budget Special: Personal Tax

The main aspect of the Federal Budget were the changes announced to personal income tax bandings and rates albeit that some of these are phased in over a long period. The instant changes are focused on the Energy Assistance payments and the doubling of the low to middle income tax offset (LMITO).

CGT for foreign residents

The controversial proposal to remove the entitlement to the Capital Gains Tax main residence exemption for foreign residents has been reignited with the Treasurer confirming that the proposed change "remains our Government's policy". The change originally announced in the 2017-18 Federal Budget was originally introduced on 8 February 2018, however, the bill introducing the law lapsed when Federal Parliament was prorogued for the 2019 Federal election.

Rental Deductions a ‘Top Priority’ says ATO as it doubles audits

The Australian Tax Office (ATO) has warned rental property owners to “ensure their claims are correct this tax time” as it will double the number of audits scrutinising rental deductions.

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New car parking FBT changes announced

Foreign residents, OECD and turning a blind eye

Short cut your home office expense claims

Accessing the ATO Portal – Action required

Accessing the ATO Portal – Action required

Top tips and traps to watch when owning or selling UK property

Additional complexity for Non-resident Trust beneficiaries

2019 Budget Special: Personal Tax

CGT for foreign residents

Rental Deductions a ‘Top Priority’ says ATO as it doubles audits

Why us

What we do

Who do we help

Work with us

What we think

ESV Gives

Contact us

Personal Tax

Topic filters

New car parking FBT changes announced

Foreign residents, OECD and turning a blind eye

Short cut your home office expense claims

Accessing the ATO Portal – Action required

Accessing the ATO Portal – Action required

Top tips and traps to watch when owning or selling UK property

Additional complexity for Non-resident Trust beneficiaries

2019 Budget Special: Personal Tax

CGT for foreign residents

Rental Deductions a ‘Top Priority’ says ATO as it doubles audits

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