COMMISSIONER OF TAXATION
The Commissioner of Taxation, Chris Jordan, gives notice of the following Rulings, copies of which can be obtained from Branches of the Australian Taxation Office or at http://law.ato.gov.au.
NOTICE OF RULINGS | ||
Ruling Number | Subject | Brief Description |
TD 2013/4 | Fringe benefits tax: reasonable amounts under section 31G of the Fringe Benefits Tax Assessment Act 1986 for food and drink expenses incurred by employees receiving a living‑away‑from‑home allowance fringe benefit, for the fringe benefits tax year commencing on 1 April 2013. | The Determination sets out the amounts that the Commissioner considers reasonable under section 31G of the Fringe Benefits Tax Assessment Act 1986 for food and drink expenses incurred by employees receiving a living‑away‑from‑home‑allowance fringe benefit for the fringe benefits tax (FBT) year commencing on 1 April 2013.
The Determination applies to the FBT year commencing on 1 April 2013. |
GSTD 2013/1 | Goods and services tax: when a payment for a supply fails, is a failed payment fee charged by the supplier consideration for a supply?
| The Determination outlines the Commissioners view on the payment of a failed payment fee.
The Determination applies both before and after its date of issue. |
CR 2013/15 | Income tax: Leighton Holdings Limited Equity Incentive Plan
| The Ruling outlines the consequences for employees of Leighton Holdings Limited or wholly owned subsidiaries of the Leighton Holdings Limited Group of companies.
The Ruling applies from 1 January 2012. |
CR 2013/16 | Income tax: Department for Communities and Social Inclusion (South Australia) Individualised Funding Program
| The Ruling outlines the consequences for people with a disability who have entered into an Individualised Funding Agreement with the Department for Communities and Social Inclusion to receive payments under the Individualised Funding Program.
The Ruling applies from 1 January 2013. |
PR 2013/3 | Income tax: tax consequences for an investor in a Westpac Annuity Deposit
| The Ruling outlines the tax consequences for an investor in a Westpac Annuity Deposit.
The Ruling applies prospectively from 27 February 2013, the date it is published. |
NOTICE OF ADDENDUM | ||
Ruling Number | Subject | Brief Description |
CR 2012/76 | Income tax: Transport Portfolio (Victoria) Voluntary Departure Program 2012‑13 Early Retirement Scheme
| The Addendum amends CR 2012/76 to reflect a variation to extend the time period for eligible employees to express an interest in the early retirement scheme and the time period for when an offer will be made.
The Addendum applies on and from 5 September 2012. |
PR 2010/17 | Income tax: deductibility of interest in relation to investment in Macquarie Flexi 100 Trust June 2010 Offer (Class H to P Units) – limited recourse borrowings | The Addendum amends PR 2010/17 to incorporate amendment to Division 247 of the Income Tax Assessment Act 1997 to adjust the benchmark interest rate.
The Addendum applies on and from 30 June 2010. |
NOTICE OF WITHDRAWAL | ||
Ruling Number | Subject | Brief Description |
GSTA TPP 065 | Goods and services tax: is GST payable on a dishonoured cheque fee? | Goods and Services Tax Advice GSTA TPP 065 is withdrawn with effect from today. |