Accounts NextGen

  Click to open document in a browser A Western Australian (WA) regulation to provide for the disclosure of information to public sector agencies for the purpose of COVID-19 relief measures has been made. The Taxation Administration Amendment Regulations (No 3) 2020 (WA) inserts reg 13L to the Taxation Administration Regulations 2003 (WA). It provides that the Commissioner may disclose tax information to the Chief Executive Officer of a public sector agency to assist in developing policy, delivering and evaluating the effectiveness of COVID-19 relief measures for the purposes of s 114(3)(g) of the Taxation Administration Act 2003 (WA) . The regulation took effect on 25 April 2020. Author URL:  https://www.accountsnextgen.com.au/services/accounting-and-taxation-training-melbourne/

  Click to open document in a browser The Inspector-General of Taxation and Taxation Ombudsman (IGTO) has released two quarterly reporting packs and a register of potential review topics. The reporting packs are for quarters 1 and 2 for 2019/20. They cover statistical information about complaints received and the following key performance areas for the organisation:            • Provision of an independent, efficient and effective tax complaints service for taxpayers            • Identification and investigation of priority areas for improved tax administration            • Provision of advice that is independent, timely and relevant to the administration of taxation laws in Australia            • Cooperation and collaboration with relevant agencies and stakeholders — both domestically and...

Click to open document in a browser The State Revenue Office of Tasmania (SRO) has released a guideline on payroll tax rebate schemes for apprentices, trainees and youth employees. The guideline is designed to provide information about the rebates available for employers that pay payroll tax and commence employment of: • youth employees between 1 April 2020 and 31 December 2020, and • apprentices and trainees in the building, construction, tourism, hospitality and manufacturing industries between 1 July 2019 and 30 June 2021. Rebates are available for youth employees for one year from the date of commencement of employment and for apprentices and trainees for two years from the day the employee’s training contract takes effect under the  Training and Workforce Development Act 2013 . The guideline provides information on: • eligibility criteria • submitting claims • employment agents, and • mergers, takeovers, acquisitions etc. Source: SRO website, 24 April 2...