It was another busy week with The Tax Institute appearing before two separate Parliamentary Committee hearings into important tax changes.

Living Away From Home Allowance

On the morning of Thursday...

I was recently invited by the Taxation Office to take part in consultation on measuring the effectiveness of their "Transforming Tax Technical Decision Making Initiatives" (which goes by the...

The press last week was dominated by two issues in the tax space - the ATO's 2012-13 Compliance Program and the release of Treasury's Discussion Paper on "Improving access to company losses". Both of...

The response from members and others in the industry around the launch of the new Chartered Tax Adviser designation in May has been overwhelmingly positive. The news was covered by media outlets like...

Two particular areas of focus last week in the world of tax policy and advocacy have been changes to: transfer pricing; and the living away from home allowance.

Transfer pricing

The legislation...

Just further on my report from last Friday—"Simplification: Has the trust been broken?"—the trust beneficiary reporting rules which commenced in the 2011 income year are not well understood by...

There were plenty of tax change last week: the start of a new financial year; the carbon tax; the minerals resource rent tax; income tax threshold and rate changes; and changes to small business...

Many readers will be aware that your President is a keen student of trust law and the taxation of trusts in particular. As matters have developed since the decision of the High Court in C of T v....

Last week saw the continuation of the very busy workload for many members in the lead-up to 30 June, with the rush to make trustee resolutions and clients seeking last minute tax advice on end of...