ato logo
Search Suggestion:

Intermediaries

Last updated 1 February 2024

[202401] Multinational Tax Integrity – strengthening Australia’s interest limitation (thin capitalisation) rules

Registered

January 2024

Expected completion of consultation

Post-enactment (to be determined)

Consultation status

Consultation is underway.

Consultation purpose

To seek feedback on public advice and guidance topics, prioritisation and form for the new thin capitalisation measures.

Description

Public consultation by Treasury on an exposure draft of the parliamentary amendments to Schedule 2 of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share – Integrity And Transparency) Bill 2023 concluded in October 2023.

 

The ATO is proposing to provide guidance setting out the Commissioner of Taxation’s views on, and approach to, key aspects of the proposed new thin capitalisation rules.

 

Stakeholder feedback is sought on potential topics, prioritisation and the form of any potential public advice and guidance.

 

It is intended that only the most important issues arising from the new law will be addressed through the preparation of early ATO public advice and guidance consistent with the New Law Guidance Review.

Who we are consulting

Consultation lead

Stephen Dodshon, Public Groups
Stephen.Dodshon@ato.gov.au
Phone 02 9374 8791

[202327] National Tax Clinic open competitive grant process

Registered

October 2023

Expected completion of consultation

February 2024

Consultation status

Consultation is underway. We have published a consultation paper to seek feedback from stakeholders. Comments close Friday 9 February 2024.

Consultation purpose

To seek feedback to inform the development of the National Tax Clinic grant opportunity guidelines.

Description

The National Tax Clinic program is a government-funded initiative that serves a dual purpose:

  • offering tax support to unrepresented taxpayers who may not have access to tax advice and assistance due to economic, social, or personal factors
  • providing practical experience for students undertaking studies in tax related courses under the supervision of a qualified tax professional at participating universities and TAFE institutions.

 

The program is supported by the ATO (as grants administrator), noting that tax clinics function independently from the ATO. Tax clinics are currently operated by 15 universities throughout Australia.

 

In the 2023–24 Federal Budget, the Australian Government announced funding for 5 new tax clinics from 1 January 2025, with at least 2 clinics to be delivered by TAFEs. The expansion of the program to TAFEs, which have a strong presence in regional areas, will assist small businesses who do not currently have easy access to professional tax assistance.

 

The ATO will conduct an open competitive grant process and is seeking stakeholder feedback to inform the development of the grant opportunity guidelines.

Who we are consulting

  • Academics – existing and potential tax clinic supervisors
  • Students – undertaking study in tax related courses
  • Tax professionals
  • Recipients of advice through the National Tax Clinic program
  • Community support organisations

 

Consultation lead

Maryam Awan, Objections and Review
maryam.awan@ato.gov.au
Phone 03 9247 0510

[202325] Transition of SBR1 payment summary services

Registered

October 2023

Expected completion of consultation

March 2023

Consultation status

Feedback is being considered.

Consultation purpose

To explore the options available to digital service providers to replace the Standard Business Reporting Platform 1 (SBR1) payment summary service.

Description

As part of the ATO rationalising its platform investment, the SBR1 channel will be decommissioned. A limited number of digital service providers are still using the payment summary service on SBR1. Digital service providers using the SBR1 payment summary service will need to transition to a new or current lodgment channel.

Who we are consulting

  • Digital service providers
  • Department of Employment and Workplace Relations

 

Consultation lead

Karen Spicer, Digital Partnership Office, Enterprise Solutions and Technology
karen.spicer@ato.gov.au
Phone 02 4725 7288

[202305] Client agent linking

Registered

February 2023

Expected completion of consultation

June 2024

Consultation status

Feedback is being considered.

Consultation purpose

To seek feedback on the ATO’s new agent nomination process which allows clients to securely nominate an agent through ATO’s online services.

Description

The ATO is seeking to understand the potential impacts of this new process on businesses and intermediaries, including:

  • understanding requirements for implementation of the new process
  • testing communication products
  • reviewing post implementation feedback to identify any potential opportunities for improvement to the user experience.

 

Who we are consulting

 

Consultation lead

Ziva White, Strategy and Support
ziva.white@ato.gov.au
Phone 07 3213 5640

 

QC54486