Two cases decided in December 2020 provide much needed guidance as to the operation of specific aspects of the JobKeeper scheme. The Full Federal Court judgment in Qantas Airways Limited v Flight Attendants’ Association of Australia [2020] FCAFC 227 means...
Tax Fundamentals articles.
I’ve been out of the tax game for a while … surely nothing has changed?
Oct 5, 2020 | Federal Budget, News, Tax Fundamentals
Changes in the tax landscape, big and small Almost invariably, the quick ‘introduce yourself’ at the start of every one of TaxBanter’s Tax Fundamentals sessions reveals a participant who is getting back into the game after a stint on the bench. Whether it has just...
An appreciation of depreciation
Feb 12, 2020 | Tax Fundamentals
Background A key module in TaxBanter’s Tax Fundamentals program is Capital Allowances. There is an array of different thresholds, applicable dates, calculation methods and hidden peculiarities throughout the provisions. Given depreciation deductions are as relevant...
Tax Fundamentals: CGT Events
Sep 11, 2018 | Tax Fundamentals, News
Pop quiz! … How many CGT events are there? Our Tax Fundamentals trainer, Lee-Ann Hayes asks this question often of her groups and enjoys the varying replies she gets back. She has heard everything from five to 200 CGT events. Occasionally, someone is...
Tax Fundamentals: What advice can I rely on?
Sep 4, 2018 | Tax Fundamentals
In 2015, the Government released its tax White paper titled ‘Re:think Tax discussion paper’. As part of the discussion on complexity, the paper noted: In the 1950s Australia had a tax system made up of around 1,080 pages of tax law. … Now we have...
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