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 |
GSTD 2016/1 | Goods and services tax: can an employer claim an input tax credit under Division 11 of the A New Tax System (Goods and Services) Tax Act 1999 for an expense paid on behalf of a superannuation fund that makes an acquisition? | The Determination concludes that an employer cannot claim an input tax credit under Division 11 of the A New Tax System (Goods and Services) Tax Act 1999 for an expense paid on behalf of a superannuation fund that makes an acquisition. This Determination applies both on and after its date of issue. |
CR 2016/6 | Income tax: the Swinburne University Academic Staff Voluntary Early Retirement Scheme 2015‑16 | The Ruling sets out the Commissioners position for employees of the Swinburne University of Technology who receive a payment under the scheme described in the Ruling. The Ruling applies from 27 January 2016 to 31 December 2016. |
NOTICE OF WITHDRAWALS | ||
Ruling Number | Subject | Brief Description |
GSTA TPP 003 | Goods and services tax: can an employer claim input tax credits for expenses incurred on behalf of a superfund | The Ruling considered the circumstance where an employer pays expenses on behalf of a superannuation fund and explained that an employer is not entitled to an input tax credit for expenses where the acquisition is made by the superannuation fund. The Ruling is withdrawn as the issue addressed is now dealt with in GSTD 2016/1. The Ruling is withdrawn with effect from today. |
MT 2005/1 | What is the tax treatment of an expense incurred by a superannuation fund that is paid by an employer or eligible person on behalf of a superannuation fund? | The Ruling sets out the Commissioner’s view on the tax treatment of expenses incurred by a superannuation fund that are paid by an employer on behalf of the superannuation fund. The Ruling was partially withdrawn on 17 June 2009. The remainder of the Ruling is now being withdrawn as the remaining issues are now included in GSTD 2016/1. The Ruling is withdrawn with effect from today. |