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Remediation activities were supporting R&D activities
The AAT has found that various activities in relation to the remediation of an underground coal gasification (UCG) site were “supporting...

XWD Accounting
Nov 24, 20222 min read


Division 7A: when loan repayments are not taken into account
The ATO has released further guidance and examples on when Division 7A loan repayments are not taken into account when working out the...

XWD Accounting
Nov 21, 20221 min read


R&D incentive denied - no overseas finding in force
A taxpayer was denied the R&D tax incentive as a "finding" covering activities conducted overseas was not in force. The taxpayer company...

XWD Accounting
Nov 6, 20221 min read


Input tax credits denied for BAS late lodgment
A taxpayer was not entitled to claim input tax credits because either the relevant BASs were lodged more than 4 years after the due date...

XWD Accounting
Nov 5, 20222 min read


Estimates of unpaid PAYG withholding amounts not revoked
The NSW Court of Appeal has refused to grant leave to appeal against a decision refusing to set aside a statutory demand by the ATO for...

XWD Accounting
Nov 4, 20221 min read
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