Tax Yak

Our Senior Tax Trainers correct some of the misinformation around Work Related Expenses and the areas the ATO is focussing on for the year ended 30 June 2022.

Our Senior Tax Trainers correct some of the misinformation around Work Related Expenses and the areas the ATO is focussing on for the year ended 30 June 2022.

Michael Bode talks to Danny Talwar of Koinly about the everchanging world of cryptocurrency, digital assets and tax.

In this episode of Tax Yak, Nicole Rowan chats with Michael Carruthers from the Knowledge Shop and Lee-Ann Hayes from TaxBanter about Fringe Benefits Tax (FBT). With the end of the FBT year approaching, we're checking in on the tax and reporting obligations of employers when they provide fringe benefits to their employees and we'll also be catching up on changes in the FBT space.

In this episode of Tax Yak, Nicole Rowan chats with Haydon Green, Director of Single Touch Payroll, Policy & Content at the Australian Taxation Office, about the implementation of STP Phase 2. Haydon is a director at the ATO and his extensive experience in tax administration and policy development has seen him involved in Single … Tax Yak – Episode 59 – STP Phase 2 Read More »

In this episode of Tax Yak, Neil Jones yaks with Nick Mellos (Grant Thornton) about the implications of personal insolvency and debt management. Host: Neil Jones Guest: Nick Mellos (Grant Thornton) Recorded: 1 December 2021

In this episode of Tax Yak, Neil Jones yaks with Scott Anderson (Worrells) and Nicole Rowan (Senior TaxBanter trainer) about the risky business of asset protection. Host: Neil Jones, Managing Director and Senior Tax Trainer (TaxBanter) – Neil on LinkedIn Guests: Scott Anderson (Partner & insolvency practitioner, Worrells) and Nicole Rowan (Senior Tax Trainer, TaxBanter) Recorded: 10 November 2021

In this episode of Tax Yak, Nicole Rowan chat with Emma Rosenzweig, Superannuation and Employer Obligations Deputy Commissioner at the Australian Taxation Office about recent and upcoming changes to Employer Superannuation.

In this episode of Tax Yak, Neil Jones yaks with Craig McCormick about the ATO finalised views on the amendments to the Non Arms Length Income rules and how non Arms length expenses can impact Superannuation Funds. Neil and Craig explore the ATO's LCR 2021/2 and what it means for Super fund members and their advisers.

In this episode of Tax Yak, two of our Senior Tax Trainers gather to correct some of the misinformation around work-related expenses (WRE). They also discuss important changes to making WRE claims, and explain what can and cannot be claimed. A useful reminder for accountants and taxpayers alike! Host: Lynne Gibson, Senior Tax Trainer (TaxBanter) … Tax Yak – Episode 54 – WRE Mythbusting updated Read More »

Nicole yaks with Graeme Prowse (Director of Webb Martin Consulting and TaxEd) about a few of the biggest tax cases in the medical industry over the past 20 years – Healius, Optical Superstore and Moffet. Is a medico operating from a health service aggregator (e.g. a super clinic) technically an employee? What are the superannuation … Tax Yak – Episode 53 – Tax Yak – 30 April 2021 – Catching up on cases #2 – the medical world Read More »

Division 328 – Small Business Tax Concessions were introduced several years ago to simplify the taxation rules for small businesses. A lot has changed since then – albeit temporarily for some measures. The team provides an overview of who can use Division 328, what concessions are available and whether the measures are compulsory or optional. Host: Lee-Ann Hayes Guests: Michael … Tax Yak – Episode 52: Division 328 – Small Business Tax Concessions Read More »

After more than three years, the ATO has released the new guidelines for the distribution of professional firm profits.  Lee-Ann and the Michaels will discuss how the new guidelines will compare to the previous guidance, who can rely on the guidance, how the new guidelines work and what it means to be covered by the … Tax Yak – Episode 51: PCG 2021/D2 Guidance for Distribution of Professional Firm Profits Read More »

In this episode of Tax Yak, George Housakos yaks with Nick Kallinikios, Consulting Director at ShineWing Australia and GST Director at Cornwalls, about Australia’s Goods and Services Tax. Nick is an accredited GST specialist, having commenced his tax career at the ATO in 1983, before joining the in-house tax team at a big four bank […]

In this episode of Tax Yak, George Housakos yaks with Nick Kallinikios, Consulting Director at ShineWing Australia and GST Director at Cornwalls, about Australia’s Goods and Services Tax. Nick is an accredited GST specialist, having commenced his tax career at the ATO in 1983, before joining the in-house tax team at a big four bank … Tax Yak – Episode 50: GST tricks, traps and time bombs Read More »

In this episode of Tax Yak, Neil Jones yaks with Dr Craig Latham, Deputy Ombudsman for the Australian Small business and Family Enterprise Ombudsman (ASBFEO). The role of the ASBFEO in small business tax matters may not be well known and Neil and Craig explore the way that the ASBFEO can support small businesses, particularly […]

In this episode of Tax Yak, Neil Jones yaks with Dr Craig Latham, Deputy Ombudsman for the Australian Small business and Family Enterprise Ombudsman (ASBFEO). The role of the ASBFEO in small business tax matters may not be well known and Neil and Craig explore the way that the ASBFEO can support small businesses, particularly … Tax Yak – Episode 49: Role of the Australian Small Business and Family Enterprise Ombudsman in small business tax matters Read More »

When is an individual taxpayer a resident taxpayer? This is a question fraught with complexity. The team discuss the four tests legislated and reflect on guidance issued by the courts in relation to the application of these tests. Subsequently Lee-Ann and the Michaels discuss the recent changes proposed by the board of taxation and how […]

When is an individual taxpayer a resident taxpayer? This is a question fraught with complexity. The team discuss the four tests legislated and reflect on guidance issued by the courts in relation to the application of these tests. Subsequently Lee-Ann and the Michaels discuss the recent changes proposed by the board of taxation and how … Tax Yak – Episode 48: When is an individual taxpayer a resident for taxation purposes? Read More »

In this episode of Tax Yak, George Housakos yaks with Arthur Athanasiou, Tax Partner at Thomson Geer, about Division 7A. Arthur takes us on a deep dive into the Division 7A relief as they are increasingly relevant to our tax yak audience due to impact of COVID-19. He also provides some timely reminders to tax […]

In this episode of Tax Yak, Neil Jones yaks with The Honorable Michael Sukkar MP about the Government’s response to the Coronavirus Pandemic. It was only in December 2019 that the MYEFO was handed down; Australia was planning to return to surplus, and the Federal Budget was scheduled for May.  How has 2020 unfolded from […]

In this episode of Tax Yak, a number of our Senior Tax Trainers gather to correct some of the misinformation around Work Related Expenses (WRE). They also discuss important changes to making WRE claims, and explain what can and cannot be claimed. A useful reminder for Accountants and Taxpayers alike. Host: Lynne Gibson Guests: Lee-Ann […]

How different is the Singapore Taxation system from the Australian Taxation System? In this episode of Tax Yak, Lee and the Michaels yak with Adrian Sham to understand the workings of the Singapore Tax System. The discussion covers a broad introduction of the Singapore Taxation system, including the basis of the law, tax treatment of […]

In this episode of Tax Yak, the Michaels yak with Ollie Visser about about his experience in public practice and now as a CFO of a large firm. The discussion covers client relationship management and how to improve the relationship with clients. Further Ollie and the Michaels discuss how clients best utilise their accountant to make […]

In this episode of Tax Yak, Michael Doran of TaxEd speaks with Jennifer Moltisanti of the Australian Taxation Office about the range of economic stimulus measures to support Not-for-profits. This episode will assist accounting practitioners to manage tax related matters for their NFP and charity clients, including eligibility, enrolment and reporting for the JobKeeper payment […]

Lee and the two Michaels discuss when an eligible business participant under Jobkeeper legislation could in fact be an employee and what the consequences, advantages and disadvantages of this would be. They discuss the underlying legislation, applicable case law, rulings and the potential approach from the ATO on this matter. To finish off the episode […]

In this episode of Tax Yak, Nicole Rowan does not yak about tax, but instead about employment law issues arising from COVID-19 and specifically from the JobKeeper scheme. Patrick Turner from Maurice Blackburn joins this Yak to provide a useful overview of current employment law issues and to answer your questions to help employers navigate […]

In this episode of Tax Yak, Robyn yaks with fellow TaxBanter trainer, Nicole Rowan, about the JobKeeper scheme, including eligibility, the ATO’s administrative approach and the proposed amendments. Host: Robyn Jacobson Guests: Nicole Rowan Recorded: 27 April 2020

In this episode of Tax Yak, Robyn yaks with international tax lawyer and Director of Private Client Services (International) at Andersen, Marsha Laine Dungog, and her colleague, Managing Director of Andersen, Al Nuñez, about the response of the Australian and US Governments to the COVID–19 pandemic as they compare the two countries’ economic stimulus packages. […]

In this episode of Tax Yak, Robyn yaks with international tax lawyer and Director of Private Client Services (International) at Andersen, Marsha Laine Dungog and her colleague, Managing Director of Andersen, Al Nuñez, and Simon Calabria, Director at Webb Martin Consulting about a range of US tax issues affecting Australians doing business in the USA. […]

In this first episode of Tax Yak for 2020, Robyn yaks with international tax lawyer and Director of Private Client Services (International) at Andersen, Marsha Laine Dungog, about a range of USA tax and superannuation issues that affect Australians living and working in the USA.  Also joining us is Marsha’s colleague, Managing Director of Andersen, […]

In this final episode of Tax Yak for 2019, Robyn yaks with TaxBanter director, Neil Jones, about the past few months of the 46th Parliament and how the tax landscape looks heading into 2020. Host: Robyn Jacobson Guest: Neil Jones Recorded: 17 December 2019

It is said that nothing in life is certain but death and taxes. In this episode of Tax Yak, Robyn yaks with BNR Partners Managing Director and Estate Taxation Specialist, Ian Raspin, about his broad and deep experience in advising on the taxation issues associated with deceased estates. Host: Robyn Jacobson Guest: Ian Raspin Recorded: […]

Running a modern day tax practice is no challenge for the light-hearted. In this episode of Tax Yak, Robyn yaks with Planet Consulting Founder and Principal Consultant, Rob Pillans, about the challenges facing practitioners running a practice in the current tax landscape. Host: Robyn Jacobson Guest: Rob Pillans Recorded: 11 November 2019

Join us in celebrating Tax Yak’s 1st Birthday. In this episode of Tax Yak, Robyn yaks with TaxBanter director, Neil Jones, about the first few months of the 46th Parliament and the current tax landscape. Host: Robyn Jacobson Guest: Neil Jones Recorded: 16 October 2019

There are more than 600,000 self-managed superannuation funds (SMSFs) in Australia which are regulated by the ATO. In this episode of Tax Yak, Robyn yaks with Liz Westover, Partner and National SMSF Leader with Deloitte Private in Melbourne, about the current SMSF landscape. They discuss enacted and proposed policy changes affecting SMSFs, the ATO’s compliance […]

The Board of Taxation has been reviewing the range of Small business tax concessions; the final report is yet to be released. In this episode of Tax Yak, Robyn yaks with Dr Mark Pizzacalla, Partner with BDO Melbourne and a member of the Board of Taxation, who has been leading the Board’s review of the […]

The world of an insolvency practitioner differs from the typical tax practitioner, but their worlds often encroach on each other. In this episode of Tax Yak, Robyn yaks with Robyn Erskine, Partner with Brooke Bird, about her extensive experience over more than over 30 years in assisting individuals facing personal bankruptcy and guiding companies through […]

The Tax Practitioners Board has made no secret of the fact that it is targeting agents who are failing in their obligations under the Tax Agent Services Act 2009. In this episode of Tax Yak, Robyn yaks with Greg Lewis, Board Member of the TPB about the Board’s focus on agents with concerning behaviour, such […]

Family law is an intrinsic and unavoidable part of modern living and relationships. How does family law interact with tax law? In this episode, Robyn yaks with Sarah Keenan, Director at Farrar Gesini Dunn, who specialises in family law, estate disputes and wills about the tax issues associated with family law settlements, the control of […]

The world of tax litigation can be complex, intimidating and costly for taxpayers. In this episode of Tax Yak, Robyn yaks with Julianne Jaques, Barrister at the Victorian Bar, and member of the Board of Taxation and the Tax Practitioners Board, about her experiences on both sides of the court room, representing both taxpayers and […]

Regional practitioners have different challenges to those faced by urban- or city-based practitioners. In this episode of Tax Yak, Robyn yaks with fellow TaxBanter trainer, Leanne Saunders, about the challenges that confront regional practitioners.

In this episode of Tax Yak, Robyn yaks with ATO Assistant Commissioner – Private Wealth, Anna Longley, about the key areas that attract the ATO’s attention and how businesses and individuals can minimise their tax risk.

There are more than 3.8 million small businesses in Australia, accounting for 33% of Australia’s GDP, and employing over 40% of Australia’s workforce. In this episode of Tax Yak, Robyn yaks with the ATO’s Deputy Commissioner – Small Business, Deborah Jenkins, about the ATO’s engagement with small business, the small business tax issues the ATO has identified, the role of tax agents, the Black Economy and the tools, products and services available to assist small business. Host: Robyn Jacobson, Senior Tax Trainer, TaxBanter Guest: Deborah Jenkins, Deputy Commissioner, Small Business, ATO Recorded: 14 June 2019

You may be familiar with our regular Update or Special Topic papers, but are you aware of the full suite of our offerings to the tax profession? In this episode, Robyn yaks with fellow Senior Tax Trainer, Lee-Ann Hayes, about the range of TaxBanter’s products and services, including our online offerings. Robyn also yaks with TaxBanter's Manager of Content & Projects, Steve Griffiths, about TaxBanter's Tax Library and also about TaxEd, who provide tax education and support to Government bodies and not-for-profit organisations. Host: Robyn Jacobson Guests: Lee-Ann Hayes, Senior Tax Trainer, TaxBanter Steve Griffiths, Content & Projects Manager, TaxBanter Recorded: 14 May 2019

You may be familiar with our regular Update or Special Topic papers, but are you aware of the full suite of our offerings to the tax profession? In this episode, Robyn yaks with fellow Senior Tax Trainer, Lee-Ann Hayes, about the range of TaxBanter’s products and services, including our online offerings. Robyn also yaks with TaxBanter's Manager of Content & Projects, Steve Griffiths, about TaxBanter's Tax Library and also about TaxEd, who provide tax education and support to Government bodies and not-for-profit organisations. Host: Robyn Jacobson Guests: Lee-Ann Hayes, Senior Tax Trainer, TaxBanter Steve Griffiths, Content & Projects Manager, TaxBanter Recorded: 14 May 2019

You may be familiar with our regular Update or Special Topic papers, but are you aware of the full suite of our offerings to the tax profession? In this episode, Robyn yaks with fellow Senior Tax Trainer, Lee-Ann Hayes, about the range of TaxBanter’s products and services, including our online offerings. Robyn also yaks with TaxBanter's Manager of Content & Projects, Steve Griffiths, about TaxBanter's Tax Library and also about TaxEd, who provide tax education and support to Government bodies and not-for-profit organisations. Host: Robyn Jacobson Guests: Lee-Ann Hayes, Senior Tax Trainer, TaxBanter Steve Griffiths, Content & Projects Manager, TaxBanter Recorded: 14 May 2019

The ATO has made no secret of the fact that it is targeting incorrect claims of work-related and rental property expenses by individuals. In this episode of Tax Yak, Robyn yaks with Justin Untersteiner, Assistant Commissioner, Individuals with the ATO about the ATO’s focus on WRE claims and rental properties. They discuss some of the positive trends emerging from the ATO’s compliance focus, and the common mistakes taxpayers make when claiming. Host: Robyn Jacobson Guest: Justin Untersteiner, Assistant Commissioner, Individuals Recorded: 9 May 2019

In this episode of Tax Yak, Robyn yaks with Michael Karavas, Director at the ATO and Design Lead of STP, in a Q&A format, addressing all your questions about the ATO’s approach to transitioning around 750,000 small employers into STP from 1 July 2019. The discussion covers the transitional approach for small employers, micro employers and employers with closely held payees. Host: Robyn Jacobson Guest: Michael Karavas, ATO Director & STP Design Lead Recorded: 17 April 2019

From 1 July 2019, Single Touch Payroll is mandatory for all employers, even those with just one employee. This is the most significant change to reporting systems for businesses since the introduction of the GST. In this episode of Tax Yak, Robyn yaks with John Shepherd, Assistant Commissioner at the ATO and Program Lead for STP, about the introduction of STP and what it means for employers and employees. Host: Robyn Jacobson Guest: John Shepherd Recorded: 15 April 2019

With a Federal election expected to be scheduled for either 11 or 18 May, Treasurer Frydenberg’s first Budget is a crucial platform from which the Government will unofficially launch its election campaign, as it attempts to convey the message that the economy is strong under its management. In this episode of Tax Yak, Robyn yaks with TaxBanter director, Neil Jones, about the key tax and superannuation measures announced in the Federal Budget on 2 April. Their analysis and commentary will provide you with an understanding of how the measures will affect you and your clients. The discussion will also include an analysis of the key statements made by Bill Shorten in his Opposition Budget-in-reply speech on 4 April. Host: Robyn Jacobson Guest: Neil Jones Recorded: 5 April 2019