Simpler BAS GST bookkeeping guide
The information provided here is for use as a general GST bookkeeping guide only. If you are unsure about any … Read More
GST on low-value imported goods
A Bill introduced into Parliament in February proposes to make Australian goods and services tax (GST) payable on supplies of … Read More
Newsletter: April 2017
Ride-sharing drivers must register for GST In a recent decision, the Federal Court has held that the UberX service supplied … Read More
Newsletter: March 2017
Re-characterisation of income from trading businesses The ATO has released Taxpayer Alert TA 2017/1 to say it is reviewing arrangements … Read More
Large rental repairs determined not deductible to rental property owner
A taxpayer was recently denied an immediate tax deduction for roof repair and replacement of a rental property because of … Read More
Newsletter: February 2017
ATO priority on settling cases – but not at any cost The ATO has advised that it places a high … Read More
Ride-sharing drivers must register for GST
In a recent decision, the Federal Court has held that the UberX service supplied by Uber’s drivers constitutes the supply … Read More
Newsletter: January 2017
Contrived trust arrangements in ATO sights The ATO has cautioned taxpayers against arrangements that seek to minimise tax by … Read More
Newsletter: November 2016
Budget superannuation changes on the way The Federal Government has been consulting on draft legislation to give effect to most … Read More
Exposure draft — GST on low value imported goods
GST on low value imported goods. Exposure draft —Draft legislation and explanatory material The government has released exposure … Read More
Newsletter: September 2016
Share economy participants reminded of tax obligations The ATO has reminded people who earn income in the share economy that … Read More
DISCLAIMER
Thompsons Australia Newsletters and articles are distributed by professional tax practitioners to provide information of general interest to our clients. The content of this newsletter does not constitute specific advice. Readers are encouraged to consult their tax adviser for advice on specific matters.