Notice of Rulings 12 July 2023
The Commissioner of Taxation, Chris Jordan, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public rulings, and under subsection 358-20(1) of Schedule 1 to the Taxation Administration Act 1953 of the withdrawal of the following public ruling, copies of which can be obtained from ato.gov.au/law
NOTICE OF RULINGS | ||
Ruling number | Subject | Brief description |
PR 2023/10 | Tax consequences for a borrower being charged an ‘Indexed Rate’ of interest under a home loan | This Ruling sets out the income tax consequences for borrowers who are charged interest at an ‘Indexed Rate’ under a home loan as described in the scheme set out in the Ruling. This Ruling applies to borrowers who enter into the scheme from 1 July 2023 to 30 June 2026. |
PR 2023/11 | Mortgage House Blended Plus Loan Facility | This Ruling provides the Commissioner’s view on the application of Part IVA of the Income Tax Assessment 1936 to the circumstances of the Blended Plus Loan Facility offered by a collective group known as Mortgage House. This Ruling applies to entities that enter the scheme from 1 July 2023 to 30 June 2026. |
NOTICE OF ADDENDUM | ||
Ruling number | Subject | Brief description |
PR 2022/2 | Tax consequences of investing in C2 Gateway Deferred Purchase Agreement | This Addendum amends PR 2022/2 to reflect a change in the range of Investment Term which may be offered under a Series. The Addendum applies before and after its date of issue. |
NOTICE OF ERRATUM | ||
Ruling number | Subject | Brief description |
TD 2023/3 | Income tax: what are the reasonable travel and overtime meal allowance expense amounts for the 2023-24 income year? | This Determination has been amended to correct a paragraph reference. This Erratum applies from 28 June 2023. |
NOTICE OF WITHDRAWAL | ||
Ruling number | Subject | Brief description |
TD 2017/19 | Income tax: what are the reasonable travel and overtime meal allowance expense amounts for the 2017–18 income year? | TD 2017/19 is withdrawn with effect from 13 July 2023. |