Major Developments in Tax Administration
Overview
The ATO has been busily issuing further guidance on how it administers key risk areas in the tax system – Are you up-to-date?
Looking at recent ATO announcements and products to highlight:
- Introduction – What has changed and Why & How
- Tax Ombudsman Report on Financial Abuse
- Strategic Shifts in Debt and Lodgement
- ATO Debt Consultations:
- Vulnerability Framework
- Debt ‘concessions’
- Tax Ombudsman current Review of GIC Remissions
- Tax Ombudsman Report on Review of ATO Objections
- Practical Compliance Guideline PCG 2025/1 Fees for personal financial advice paid from member accounts by superannuation funds – apportioning the deduction and pay as you go withholding obligations
- Practical Compliance Guideline PCG 2025/2 Restructures and the thin capitalisation and debt deduction creation rules – ATO compliance approach
- Practical Compliance Guideline PCG 2025/3 Capital raised for the purpose of funding franked distributions – ATO compliance approach
- Practical Compliance Guideline PCG 2024/3 Section 99B of the Income Tax Assessment Act 1936 – ATO compliance approach
- What’s likely to be next?
The session will particularly explore the practical issues that result from different tax administration changes and what they mean for practitioners and their clients.
Learning Outcomes:
Participants will gain an improved understanding of the:
- The requirements imposed by the ATO to stay ‘within the flags’
- How these changes are likely to impact them and their clients
- What scrutineers are saying about ATO tax admin approaches, so far
Suited to:
Accountants, tax practitioners, BAS agents, lawyers and other practitioners serving small businesses, private groups and wealthy individuals.
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – Major Developments in Tax AdministrationVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Tax Controversy Partners
Bruce Collins is the founder and principal solicitor at Tax Controversy Partners Pty Limited, currently helping clients to resolve all types of tax issues with the ATO and SROs. Before moving into private practice in 2017, Bruce worked for over 35 years in the Tax Office, a third of this time as a Senior Executive in what is now Client Engagement Group, covering most ATO functions. Bruce was the leader of the Technical & Case Leadership area in Private Wealth for several years prior to leaving the ATO, as well as having previously been the strategic, technical and compliance leader for many of the ATO’s audit programs. Bruce was the Senior Executive sponsor for many tax administration projects targeting small business and private groups, including those resulting in practice statements and practical compliance guidelines.
Bruce has an Accounting Certificate (1989), a First-Class Honours Degree in Law (1995), a Graduate Diploma in Legal Practice (1996), a Masters of Taxation (2003) and a Masters of International Taxation (2006). Bruce is a Chartered Tax Advisor with the Tax Institute, a member of the Law Society of NSW and is both a member of the Law Council of Australia and current Chair of their SME Committee.