Birchstone Briefs
Curated for the needs of SME tax professionals. The Birchstone Brief is delivered to your inbox every Monday. It contains all the tax developments you need to know from the previous week, with insights from the team at Birchstone Tax Law. No fluff. It’s the one email you will look forward to receiving.
Birchstone Brief for the week ended 5 February 2021
ATO Updates COVID-19 and permanent establishments: ATO guidance The ATO has updated its guidance on whether the presence of employees in Australia, due to the impacts of COVID-19, may create a permanent establishment. The updated guidance provides that the ATO will...
Birchstone Brief for the week ended 29 January 2021
ATO Updates Superannuation – Indexation of the general transfer balance cap The ATO has announced that from 1 July 2021, the general transfer balance cap which currently sits at $1.6 million will be indexed to $1.7 million. However, every individual will have their...
Birchstone Brief for the week ended 22 January 2021
ATO Updates ATO issues Interim Decision Impact Statement: Apted v FCT [2020] AATA 5139 The ATO has issued an Interim Decision Impact Statement on the decision handed down in Apted v FCT [2020] AATA 5139. In this case, the AAT determined that a taxpayer's backdated ABN...
Birchstone Brief for the week ended 15 January 2021
ATO Updates Superannuation Guarantee Determination amended: SG shortfall for salary sacrifice arrangements The ATO has issued an Addendum to Superannuation Guarantee Determination SGD 2006/2, which amends the determination so that salary sacrifice contributions paid...
Birchstone Brief for the week ended 8 January 2021
News Welcome back We hope that you had a happy and safe holiday season and take this opportunity to wish you a Happy New Year! The Birchstone Brief will be continuing as a weekly update in 2021.Other News The Board of Taxation has released a second consultation...
Birchstone Brief for the week ended 18 December 2020
News and Events Christmas break and office closure Please note that our offices will be closed from 24 December to 4 January. From all of us at Birchstone Tax Law, we wish you a happy and safe holiday season!ATO Updates Law Companion Ruling released: Superannuation...
Birchstone Brief for the week ended 11 December 2020
ATO Updates Taxation Ruling released: Natural Resource Income – application of section 6CA of the Income Tax Assessment Act 1936 (Cth) The ATO has released TR 2020/5 relating to the application of section 6CA of the Income Tax Assessment Act 1936 (Cth), which is a...
Birchstone Brief for the week ended 4 December 2020
ATO Updates Taxpayer Alert released: arrangements providing imputation benefits where economic exposure is offset The ATO has released Taxpayer Alert TA 2020/5, detailing concerns about arrangements that are intended to provide imputation benefits to taxpayers where...
Birchstone Brief for the week ended 27 November 2020
ATO Updates Determination released: Seasonal Labour Mobility Program A legislative instrument has been made to ensure foreign resident employees under the Seasonal Labour Mobility Program who previously held a Temporary Work Visa (subclass 403) and have extended their...
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Birchstone Brief
Curated for the needs of SME tax professionals. The Birchstone Brief is delivered to your inbox every Monday. It contains all the tax developments you need to know from the previous week, with insights from the team at Birchstone Tax Law. No fluff. It’s the one email you will look forward to receiving.