FBT: TD 2015/12 – Duties performed exclusively ‘in or in connection with’ a public hospital or hospital carried on by rebatable employer
KEY POINTS • TD 2015/12 states that at an employee of a government body performs employment duties…
The ATO has finalised its Ruling on the manner in which GST applies to various scenarios involving development lease arrangements made between government agencies and private developers (previously issued in draft as GSTR 2014/D5).
The ATO has provided an update on the proposed system whereby Commonwealth, State and Local Government will report payments and grants that they make, to the ATO. The object is to enable the ATO to ensure (through data matching) that recipients of certain government payments/grants accurately disclose their income tax and GST liabilities to the […]
Question: We use online booking organisations for booking hotels etc. The hotels are located within Australia. The documentation received does not contain any reference to GST. Do we treat the booking organisation as an ‘agent’ and not the ‘supplier’ and account for the GST within the transaction?
Question: In Taxation Ruling TR 2012/8, Commissioner considers whether amounts received in respect of legal costs incurred in disputes concerning termination of employment should be included in assessable income as an employment termination payment or as an assessable recoupment where the legal costs are tax deductible for income tax purposes.