Birchstone Brief for the week ended 6 May 2022

State Taxes

Victorian Budget 2022-23

The Victorian has handed down the 2022-23 Budget, with the following tax and revenue measures:

• gambling tax rates will be equalised for all electronic machine operators (including casino and venue operators); and
• the introduction of a motor vehicle duty exemption for wheelchair accessible commercial vehicles.

Cases

Narlexi Pty Ltd v FCT [2022] AATA 993

The AAT has affirmed a decision of the Commissioner that a taxpayer was not entitled to the first cash flow boost as it had not a made a taxable supply within the relevant period.

The facts are as follows:

• the taxpayer incorporated on 31 December 2019;
• the taxpayer accounted for GST on a quarterly basis; and
• the taxpayer did not make any taxable supplies until January 2021 and brought its GST to account on its activity statement for the quarter ended 31 March 2020.