The Tax Institute

Tackling trust losses and navigating family trust elections

The Tax Institute — Fri, 19 Feb 2021 05:37:46 GMT

If you’re a tax practitioner working in the trusts space, you’re probably looking forward to our upcoming 2021 Private Business Tax Retreat, where multiple sessions will be devoted to untangling the current trusts landscape.

7 on-demand business tax sessions to kickstart your 2021 CPD

The Tax Institute — Thu, 11 Feb 2021 01:16:33 GMT

As businesses around Australia start their recovery from the financial impact of COVID-19, the tax practitioners who work with them need to be on top of their game. Whether it’s assisting with restructuring business debt or keeping up with the latest stimulus measure announcements, keeping your finger on the pulse of business taxation is vital in 2021.

Unpacking the Superannuation Guarantee: just who is an employee?

The Tax Institute — Tue, 02 Feb 2021 21:30:00 GMT

The Superannuation Guarantee Amnesty period flew by during the COVID-19 lockdowns with many taxpayers missing the opportunity to utilise the amnesty to correct mistakes or oversights in their payment of superannuation.

JobKeeper: Decision in Apted and FC of T

Robyn Jacobson, CTA, Senior Advocate, The Tax Institute — Tue, 02 Feb 2021 08:45:48 GMT

A number of taxpayers will be interested in the outcome of the appeal to the Full Federal Court of the AAT’s decision in Apted and Federal Commissioner of Taxation [2020] AATA 5139.

Where a tax career can take you: with Dr Julianne Jaques, Victorian Bar

The Tax Institute — Sun, 31 Jan 2021 21:00:00 GMT

Tax touches everything. From academia, to government advisors, litigators, and regulators, a career in tax is a chance to become a specialist in your niche, but still have plenty of flexibility in choosing your future career path.

Federal Budget 2021–22 submission

Scott Treatt, CTA, General Manager, Tax Policy and Advocacy — Fri, 29 Jan 2021 05:23:44 GMT

In this week’s TaxVine newsletter preamble, I outlined the main points arising in The Tax Institute’s Federal Budget 2021–22 submission, which our Tax and Policy Advocacy team has put considerable thought and effort into over the past few weeks. This is an abridged version of that preamble.

Compliance for SMSFs: insight into the ATO’s regulatory agenda in 2021

The Tax Institute — Thu, 28 Jan 2021 18:00:00 GMT

As any tax practitioner knows, keeping up with compliance obligations is key to running a successful practice, looking after client’s best interests and staying on the right side of regulators. But compliance can be time-consuming and occasionally confusing to navigate. For SMSF practitioners, insight into what key compliance areas are on the ATO’s radar is invaluable.

Capital vs Revenue: exploring recent case law and jurisprudence

The Tax Institute — Wed, 27 Jan 2021 04:24:14 GMT

If you think back to the early days of your tax education and career, it’s one of the standout topics you may remember grappling with: the capital/revenue distinction.

Value of goods taken from stock for private use: expert commentary

The Tax Institute — Thu, 21 Jan 2021 19:00:00 GMT

The Commissioner recently issued his annual determination TD 2021/1 (the Determination) which provides an update of amounts that the Commissioner will accept as estimates of the value of goods taken from trading stock for private use by taxpayers in named industries for the 2020–21 income year.

Dr Julianne Jaques on her journey to the tax profession’s hall of fame

The Tax Institute — Wed, 20 Jan 2021 02:51:46 GMT

Dr Julianne Jaques, CTA has a long and impressive list of achievements to her name. Currently a Senior Counsel at the Victorian Bar, Julianne also serves on the Tax Practitioners Board and the Board of Taxation. She is a Charted Accountant, a Chartered Tax Adviser and The Tax Institute’s CTA of the Year in 2020. And that’s by no means an exhaustive list of Julianne’s achievements.