ATO documents

SPR 2018/D1: Draft Taxation Administration Member Account Attribute Service - the Reporting of Member Account Phases and Attributes 2018

Legislative determinations - PAYG Variations and notices

LODG 2018/D1: Draft Notice of Requirement to Lodge a Return for the Year of Income Ended 30 June 2018 Draft issued LODG 2018/D2: Draft Notice of Requirement to Lodge a Return for the Year of Income Ended 30 June 2018 - Parents with a Child Support Assessment

Withdrawn Interpretative Decisions

ATO ID 2001/254: Assessability of Papua New Guinea bank interest derived by a resident ATO ID 2001/794: Assessability of United States Air Force pension ATO ID 2002/67: Income tax: Capital gains: Forfeiture of property under court order ATO ID 2002/71: Assessability of rental income received from New Zealand - foreign income tax offsets ATO ID 2002/312: Assessability of New Zealand dividends ATO ID 2002/507: Assessability of interest received from Switzerland - foreign tax credits ATO ID 2002/584: Resident of Germany in receipt of Australian employment income - present in Australia for a period exceeding 183 days ATO ID 2002/654: Assessability of interest income from Germany - foreign tax credits ATO ID 2002/655: Assessability of rental income received from Germany - foreign tax credits ATO ID 2002/975: Private health insurance tax offset - premiums paid by taxpayer not covered by the complying health insurance policy ATO ID 2003/615: Capital Allowances: opening adjustable value of an item of intellectual property ATO ID 2004/94: Capital gains tax: Subdivision 122-A rollover: no consideration received ATO ID 2004/822: Capital works: Construction expenditure - owner/builder travelling expenditure ATO ID 2008/110: Capital Gains Tax: debt arising from the provision of services - whether same amount can be both ordinary income and a capital gain ATO ID 2011/9: Capital gains tax: collectable - art work acquired for investment ATO ID 2012/58: Exempt Benefits: priority of access to a child care service.

Progress of legislation

As at 23.2.18

Bill

Treasury Laws Amendment (Income Tax Consolidation Integrity) Bill 2018

Description

Makes various amendments to the Consolidation regime.

Status

Introduced into House of Reps 15.2.18.

Bill

Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 2) Bill 2018

Description

Implements new rules for foreign residents owning Australian housing, technical amendments to streamline the foreign investment framework and introduces tax incentives to boost investment in affordable housing.

Status

Introduced into House of Reps 8.2.18.

Bill

Treasury Laws Amendment (2018 Measures No. 2) Bill 2018

Description

Establishes the foundation for the Government's new Fintech framework. Makes a number of technical amendments to the Early Stage Venture Capital Limited Partnership, Venture Capital Limited Partnership and Tax Incentives for Early Stage Investor regimes.

Status

Introduced into House of Reps 8.2.18.

Bill

Treasury Laws Amendment (2018 Measures No. 1) Bill 2018

Description

Makes several regulatory amendments, repeals inoperative provisions, extends tax relief for merging superannuation funds, and amends the GST laws relating to property.

Status

Introduced into House of Reps 7.2.18.

Bill

Treasury Laws Amendment (Black Economy Taskforce Measures No. 1) Bill 2018

Description

Introduces various measures aimed at curbing participation in the "Black economy".

Status

Introduced into House of Reps 7.2.18.

Bill

Treasury Laws Amendment (Junior Minerals Exploration Incentive) Bill 2017

Description

Replaces the former Exploration Development Incentive with the Junior Mineral Exploration Tax Credit.

Status

Introduced into Senate 15.02.18.

Bill

Treasury Laws Amendment (Enterprise Tax Plan Base Rate Entities) Bill 2017

Description

Clarifies that certain corporate tax entities will not qualify for the lower corporate tax rate if, broadly, more than 80 per cent of their assessable income is income of a passive nature.

Status

Introduced into Senate 12.2.18.

Bill

Medicare Levy Amendment (National Disability Insurance Scheme Funding) Bill 2017

Description

Fund the NDIS by amending the Medicare Levy Act 1986 to increase the Medicare levy rate from 2 to 2.5% of taxable income for the 2019-20 income year and later income years.

Status

Introduced into the Senate 13.11.17.

Bill

Treasury Laws Amendment (Enterprise Tax Plan No. 2) Bill 2017

Description

Extends the reduction of the corporate tax rate to 25 per cent by 2026/27 to businesses with turnover of more than $50 million.

Status

Introduced into Senate 12.2.18.

Bill

Treasury Laws Amendment (2017 Enterprise Incentives No. 1) Bill 2017

Description

Similar business test; Effective life assessment on intellectual property.

Status

Introduced into Senate 22.6.17.

Bill

Superannuation (Objective) Bill 2016

Description

Superannuation reform package.

Status

Introduced into Senate 23.11.16.