Australian Taxation Office

New or updated materials on ATO website.

Unclaimed superannuation money

Treasury has released an exposure draft of Superannuation Laws Amendment (Unclaimed Superannuation Money) Regulation 2015 which proposes to reduce red tape for superannuation funds and individuals by streamlining lost and unclaimed superannuation administrative arrangements. Comments can be made by Tuesday 20 October 2015

PAYG withholding variation

Taxation Administration Act 1953 - PAYG Withholding Variation: Variation of amount to be withheld from certain payments made by external administrators and trustees of bankrupt estates, varies the amount of withholding required by a payer under the pay as you go withholding system for payments to employees in certain classes of cases. This instrument replaces two instruments that are due to sunset on 1 October 2015.