GST apportionment decision making guide for financial supply providers Print E-mail
This guide provides a model for you to consider in making choices of apportionment methods. It also helps you record evidence and your reasons for decisions.

ATO warns of exploitative GST arrangements using inflated valuation of intangibles Print E-mail
The Australian Taxation Office (ATO) today issued a taxpayer alert warning people to be cautious about non-commercial arrangements where large input tax credits are claimed on acquisitions of intangible items (such as rights) at grossly inflated values. The arrangements feature uncommercial vendor finance agreements where payments are contingent on future events.

Strengthening director obligations Print E-mail
On 29 June 2012, changes were made to the tax laws to reduce the scope for companies to engage in fraudulent phoenix activity or to escape liabilities and payments of employee entitlements.

Lodgment alert for overdue documents Print E-mail
On 16 August 2012 we will send lodgment alert letters with a list of your clients who have overdue lodgment obligations, excluding large business clients.

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