The Victorian Windfall Gains Tax (‘WGT’) was first introduced during the 2021 and 2022 State budgets, but this is the first-time detailed information, scope and application has been released through the introduction of the Windfall Gains Tax and State Taxation and Other Acts Further Amendment Bill
Read MoreThe NSW State Revenue office has released a Commissioner’s Practice Note: CPN 021 on the application of payroll tax to employer superannuation contributions. The aim of the Commissioner’s Practice Note is to assist taxpayers in determining when superannuation payments are included in taxable wages calculations to determine payroll tax liability.
Read MoreA version of this article has also been posted on the Tax Technical website. Recent developments in payroll tax in some Australian jurisdictions have raised serious issues for medical practitioners which may result in medical practice operating entities becoming liable for greater payroll tax based on various payments made to the medical practition...
Read MoreIn the course of your taxpaying life, revenue agencies like the ATO may conduct a review or an audit of your tax or super affairs. While you may have an accountant or tax agent handling your routine affairs, tax laws are complex and reviews or audits also involve a lot of administrative law.
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