Tax Time Monthly: September Edition 2017

This issue discusses recent guidelines and updates issued by the ATO including:
  • Guidance on the new “Similar Business Test” to claim tax losses
  • Accounting for uncertain positions: AASB Interpretation 23
  • Bills introduced to increase Medicare Levy to 2.5%
  • Super death benefit paid to bankrupt via deceased estate not protected from creditors
  • NSW payroll tax: retrospective trust disclaimers ineffective for grouping purposes