Comprehensive Monthly Tax Update - October 2024

Catch up with our comprehensive monthly tax update with ATO activity, cases, edited binding rulings, specialist deep dives & more.

In this session, we cover:

• Quick Updates​

  • Quick updates​

  • Debt Deduction Creation Rules​

  • State taxes corner​

• Updates for tax professionals

  • Further info about new reporting obligations

• Case Updates​

  • BSKF – ATO settlements​

  • Peter Hatfield Trust – Extended definition of employee for SGC​

  • Gainer – Trustee discretion to distribute super death benefit​

• Private Rulings​

  • PBR – Deceased estate recipient of super death benefit​

  • PBR – Home electricity expenses​

  • PBR – Cryptocurrency bonus​

• Specialist Deep Dive – Compensation receipts​

  • Sladden – Compensation receipt​

• Specialist Deep Dive – Trouble at home​

  • PBRs x 2 – Main residence and ‘one dwelling’​

  • PBR – GST and in-specie distribution of real property​

Date recorded: 21 October 2024