The Treasurer released further details with respect to proposed reforms to the Living Away From Home Allowance (LAFHA).

The ATO has recently announced updated amounst for the reasonable food component of a LAFHA for expatriate employees in to Australia and domestic transfers applicable for the 2011/12 FBT year.

The Personal Property Securities Act 2009 (Cth) ("PPS Act") was passed as legislation in December 2009. Although the PPS Act has not received extensive exposure and attention, it is likely to have far reaching consequences for many businesses and the function of providing credit and finance.

The recent Options Paper follows the Discussion Paper - Modernising the Taxation of Trust Income – Options for Reform.

On 19 July 2012, The Commissioner of Taxation, Michael D'Ascenzo released the "ATO 2012-2013 Compliance Program".

If you produce assessable income and incur expenses at home, you may be able to claim some expenses and some deductions.

The Business Tax Working Group has released its Interim Report on the Tax Treatment of Losses for public comment.

New Tax Rules for private company loans. ATP tightens Division 7A provisions applying to unpaid present entitlements and deemed dividend rules applying to private companies and trusts.

Consultation paper released detailing the proposed changes to the Victorian land rich duty provisions

One of the more common questions we get is whether or not it is better to concentrate on paying off your mortgage or instead maximise pre-tax super contributions.

The Government announced significant changes to the taxation treatment of employee share schemes effective from 7.30pm on Tuesday 12 May 2009.

Businesses should review existing privacy policies, procedures and systems to ensure they're adequate to meet challenges.

Discussion of the passing of the Flood Levy.

Last month, June 2013 saw a number of significant milestones in the development of the ACNC.

There have been significant measures in the 2012/13 Budget which will impact on non-residents and high income earners.

The Federal Government recently released the draft legislation for the new R&D Tax Credit. The draft legislation significantly increases the benefit of the R&D concession, particularly for companies with group turnover below $20 million. However, the draft legislation also makes it considerably more difficult to access the concession

The ACNC and Treasury seek feedback on proposed charity reforms via submissions, consultations and an online survey.

On 18 Octobeer 2010 the Assistant Treasurer, the Hon Bill Shorten MP, reeleased a discussion paper on the design and implementation details of the Government’s proposed new tax syystem for MITs. The discussion paper follows the Government’s previous announcement on 7 May 2010, in w which it provided an initial response to the Board of Taxation’s report into the tax arrangements applying to M MITs. The proposed new MIT tax system builds upon thhe existing MIT withholding tax rules and capital a

This is the first of two reports commissioned for the BTWG to identify ways to improve Australia's business tax system.

There could be confusion about the tax implications for taxpayers who take advantage of offshore working opportunities.