ATO consultation report
This report describes ATO consultation activities in February 2021.
This report is prepared monthly and shared with our stewardship groups.
It contains:
Consultation matters
Statistics
Consultation matters received
|
2
|
Consultation matters completed
|
4
|
Matters under consultation
|
16
|
Draft advice and guidance products open for consultation
|
4
|
Consultation matters received
[202103] Identity theft and fraud experience
Consultation matters completed
[202102] Loss carry back choice
[202030] National Tax Clinic open competitive grant program
[202024] Expenses associated with holding vacant land proposed Draft Law Companion Ruling
[202017] Intangibles arrangements proposed Draft Practical Compliance Guideline
Draft advice and guidance products open for consultation
Draft Practical Compliance Guideline PCG 2021/D1 Determining if allowances or benefits provided to an employee relate to travelling on work or living at a location – ATO compliance approach
Draft Taxation Ruling TR 2021/D1 Income tax and fringe benefits tax: employees: accommodation and food and drink expenses, travel allowances, and living-away-from-home allowances
Decision Impact Statement Commissioner of Taxation v Douglas
Decision Impact Statement MWWD v Commissioner of Taxation
See open consultation for current products open for consultation.
News
Stewardship groups
The Consultation Steering Group (CSG) met and the topics discussed included:
- delays in consultation and the finalisation of guidance
- proposed consultations from Treasury, the Board of Taxation and the ATO
- consultation processes for the development and roll-out of large ATO programs including an overview of how the ATO manages large change projects, particularly external stakeholder engagement
- status updates on various ATO consultations
- tax profession support projects including updates on the visibility of changes to web content and consultation in relation to the shift from technical content to user friendly guidance.
The Tax Practitioner Stewardship Group (TPSG) met and the topics discussed included:
- STP Phase 2 and next steps for Phase 2 deferrals
- ATO data window in Online services for agents.
The TPSG together with members of the BAS Agent Association Group met to discuss:
- the notification and delivery method of activity statements / pay as you go instalment notices
- improving ABN data integrity – updating data and business locations
- Modernising Customer Verification program of work.
Special purpose working groups
The Fringe Benefits Tax Working Group met and the topics discussed included:
- COVID-19 impacts for car parking and cars garaged at business premises
- employers guide to FBT – Draft chapters 7 and 15
- employer contributions to car expenses – reimbursements to be taken into account in calculation of deduction
- car leasing fringe benefits
- Draft Taxation Determination TD 93/142 Income tax: in calculating the residual value of a leased item, may a lower residual value than those outlined in IT 28 be adopted in light of the more generous depreciation rates? where ‘Term of a lease’ becomes ‘total leased period’.
The SMSF Rollovers and Release Authorities v3 Co-design Group met and the topics discussed included:
- testing and onboarding updates, and guidance artefacts
- transition from current SMSF member verification system to SMSF verification service
- onboarding Q&As.
The Superannuation Data Standard Technical GroupExternal Link met and the topics discussed included:
- progress on SuperMatch reconnection process
- Rollover v3 implementation and the testing progress
- introduction of a more meaningful error code where duplicate transmissions are received through SBR.
Stakeholder relationship groups
The Superannuation Administration Group met and the topics discussed included:
- Your Future, Your Super measure comparison tool and employer stapling service
- closure of the Early Release of Super program and the process for finalising any remaining determinations
- new phase of the Rollovers V3 (SMSF rollovers and electronic release authorities) project with entities commencing testing and moving towards onboarding and implementation
- Reuniting More Super project – closure of Eligible Rollover Funds and the proposed option for an interim solution to report and pay new Trustee Voluntary Payment and timeframes
- Operational Performance Report – work underway on the development of a communication strategy
- Online Services for Business project – move to a public beta on 20 January 2021
- Super Enquiry Service – internal testing now completed, private beta testing commencing 9 March 2021.
Monthly report on ATO consultation.