Insights

News and Events Section 100A – Practical Tips – What to do before AND after 30 June Everyone is talking about section 100A following the release of the ATO's draft guidance, yet much uncertainty remains with 30 June fast approaching. On Thursday 23 June at 11AM AWST,...

News and Events Section 100A - Practical Tips - What to do before AND after 30 June On Tuesday 21 June at 11am AWST, Birchstone Tax Law will be hosting a free webinar on section 100A. The webinar may be postponed if the additional guidance expected to be released has...

ATO Updates Class Ruling The ATO has issued CR 2022/46 – Victorian Department of Premier and Cabinet – Early retirement scheme 2022-2023. Guidance on donating crypto assets released The ATO has released guidance to tax practitioners regarding things their clients need...

ATO Updates ATO Guidance: Fuel tax credits The ATO has updated PCG 2016/3 to clarify that its practical compliance method for non-business fuel tax credit claimants will only apply where a rate change occurs during a claim period solely because of indexation. The...

ATO Updates Class rulings The ATO has issued: CR 2022/42 – Australian Government Band holders – Exchange of bonds for CHESS Depository Interests. ATO Draft PCG: Non-commercial losses The ATO has issued Draft Compliance Guideline PCG 2022/D2, which outlines a safe...

ATO Updates Rulings The ATO has issued the following Class Ruling: CR 2022/41 - JB Hi-Fi Limited - Off-market share buy-back. State Taxes Victorian Budget 2022-23 The Victorian has handed down the 2022-23 Budget, with the following tax and revenue measures: gambling...

ATO Updates Rulings The ATO has issued CR 2022/40 – Over The Wire Holdings Ltd – Scrip for scrip roll-over. State Taxes Land Tax (Vic) – Ruling on charitable institutions exemption released The State Revenue Office of Victoria has released an updated Ruling on the...

ATO Updates Section 100A Guidance The ATO has provided clarification before the Senate Economics Legislation Committee on 6 April that TR 2022/D1 and PCG 2022/D1 (covered in the Birchstone Brief for the week ended 25 February 2022) are not intended to apply on a...

ATO Updates ATO Guidance: Notional GST Dispute Resolution The ATO has released Guidance concerning the notional GST dispute resolution process for government entities. A separate dispute resolution process for notional GST disputes is necessary as legal objection and...