Notice of Rulings 28 June 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, copies of which can be obtained from ato.gov.au/law
NOTICE OF RULINGS | ||
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 sets out the reasonable overtime meal expenses, and domestic and overseas travel rates, for the 2023–24 income year. This Determination applies from 1 July 2023 to 30 June 2024. |
CR 2023/33 | Commonwealth Bank of Australia – CommBank PERLS XVI Capital Notes | This Ruling sets out the income tax consequences for specified entities who subscribed for and acquired CommBank PERLS XVI Capital Notes issued by the Commonwealth Bank of Australia. This Ruling applies from 1 July 2022 to 30 June 2033. |
PR 2023/9 | KPMG – FTC Automator platform – fuel tax credits | This Ruling sets out when reports generated from the FTC Automator platform can be used for fuel tax credit record-keeping purposes. This Ruling applies from 1 January 2023 to 30 June 2024 |
NOTICE OF ADDENDUM | ||
Ruling number | Subject | Brief description |
GSTII FL 1 | Detailed Food List | This Addendum amends the Detailed Food List to amend existing entries for clear errors, add new food and beverage product lines and delete existing entries which are duplicated or no longer current. The Addendum applies on and from 28 June 2023. |