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Practical examples of care and maintenance issues
The following practical examples of care and maintenance issues are taken from the Tax Laws Amendment (2007 Measures No. 4) Act 2007.
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Correcting the formula to calculate the fringe benefits tax depreciation rate for cars to align it with the income tax rate, thereby making a consequential amendment that was missed when earlier amendments were made to the income tax depreciation provisions.
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Changing references to dollar amounts in penalty provisions to penalty units.
Examples of issues that are not 'care and maintenance’ issues because they would involve significant policy change include:
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Extending the capital gains tax small business concessions to rental properties.
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Provide a GST exemption for items or products currently subject to the GST.
Other examples of issues that are not ‘care and maintenance’ issues include:
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Requests to change Australian Taxation Office forms, such as TAXPACK, or information technology systems, for example, the Business Portal or e-tax. Purely administrative issues such as these should be referred to ATO Complaints. See www.ato.gov.au for more information about ATO Complaints.
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Administrative issues outside the tax and superannuation systems administered by the Commissioner of Taxation. For example, TIES is unable to progress issues that deal with those parts of the superannuation laws administered by the Australian Securities & Investments Commission.
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Requests for advice on how to apply the current law to your or your client’s tax affairs. See www.ato.gov.au for advice on obtaining technical assistance about your or your client’s tax affairs.
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© Commonwealth of Australia 2008 |
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