Australian Taxation Office

New or updated materials on ATO website, including:

  • Updated! Matters under consultation with the ATO, including:
    • new safe harbour working groups looking at avenues to reduce red-tape in areas of excise, alignment of tax and accounting, FBT, transfer pricing, GST and small to medium enterprises
    • new consultation on issues relevant to infrastructure privatisation
    • update on rewrite of exploration deduction ruling - expected to be issued in draft in mid 2015
    • community readiness to move to ATO digital interactions by default
    • Excise license application forms
  • New and withdrawn ATO Interpretative Decisions (ATO IDs):
    • ATO ID 2015/10: Self managed super fund: Life insurance - Buy sell agreement - financial assistance - sole purpose
    • ATO ID 2002/463 (Withdrawn): Self education expenses - Post Graduate Education Loans scheme