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22/10/2019CRT Alert 052/2019 - Protecting Your Super - proactive consolidation and allocation to member accountsNotification of the Protecting Your Super - proactive consolidation and allocation to member accounts.
22/10/2019Check income data before lodgingIf we identify income is incorrect or missing from a tax return, we will correct it before issuing a notice of assessment. Help ensure the accuracy of your clients' tax returns to avoid processing delays.
22/10/2019Get ready for myGovID and RAMGet your practice ready for myGovID and Relationship Authorisation Manager (RAM)
22/10/2019Lodging, reporting and paying for PRRTPetroleum resource rent tax (PRRT) obligations may include PRRT returns and instalments. Key dates and information to help meet the PRRT obligations.
22/10/2019Multiple super accounts dataLatest trend in numbers of accounts held by Australians as well as account numbers and values for lost and ATO-held super accounts.
22/10/2019PRRT assessable receiptsCertain receipts are assessable under the petroleum resource rent tax (PRRT). The most significant assessable receipts arise from the commercial recovery of petroleum, generally when the petroleum is sold.
22/10/2019PRRT deductible expenditureInformation on the different categories of eligible real expenditure for the petroleum resource rent tax (PRRT). This includes classes of deductible expenditure and excluded expenditure, including uplift rates.
22/10/2019Recent law changes affecting SMSFsTreasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019 has come into effect. It includes two integrity measures affecting self-managed super funds (SMSFs). Find out what your clients need to do.
22/10/2019Record keeping for PRRTMaintaining detailed records of all relevant transactions and other acts will ensure that taxpayers can claim all deductions to which they are entitled and do not pay more petroleum resource rent tax (PRRT) than they need to.
22/10/2019Statement from ATO in regards to 'Your Right to Know' campaignThe Australian Taxation Office (ATO) strongly disagrees with the allegation by the ‘Your Right to Know’ coalition of media outlets saying, “The Tax Office can take money directly out of people’s accounts but you’re not allowed to know”.
22/10/2019Time's up for Sydney SMSF super schemerA 51 year old man has been sentenced today in the Downing Centre District Court, NSW, to three years’ jail after pleading guilty to orchestrating an illegal early release of a superannuation scheme.