Have you been assessed or think you might be assessed with a surcharge rate of duty or land tax as a foreign person?
The Hon’ble Supreme Court of India vide its judgment passed on February 28, 2019 in the case of The Regional Provident Fund Commissioner (II) West Bengal vs. Vivekananda Vidyamandir and Others (clubbed with certain other civil appeals) has re-affirmed the position concerning treatment of allowances for determining the provident fund contribution.
The common question of law which was raised by the appeals for determination by the Hon’ble Supreme Court was whether the special allowances paid by an establishment to its employees would fall within the ambit of the expression ‘basic wages’ under section 2(b)(ii) read with section 6 of the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 (“EPF Act”), for computation of deduction towards provident fund contribution.
Welcome decision for expats: Harding appeal clarifies meaning of ‘non-resident’
In Harding v FCT  FCAFC 29, the Full Federal Court allowed the taxpayer’s appeal, finding that an Australian living and working in the Middle East was not an Australian tax resident. This case is a welcome development for expatriates currently working or seeking to work overseas, as it clarifies certain circumstances in which a person will be no longer be considered an Australian tax resident.
Over a year since it was first introduced, the Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2017 (whistleblower legislation) has passed the House of Representatives, incorporating amendments made by the Senate. The aim of the whistleblower legislation is to create a single, strengthened whistleblower protection regime covering the corporate, financial and tax sectors. It also aims to encourage ethical whistleblowing and discourage white collar crime.
Smart contracts, which are computer protocols intended to digitally facilitate, verify or enforce the negotiation or performance of a contract have the potential to radically change the way in which parties interact by allowing the safe performance of transactions without the need for a third party intermediary using blockchain technology.
What is blockchain?
Distributed Ledger Technologies (DLT)
DLT is a decentralised ledger of transactions with identical copies maintained on multiple independent computer systems. This means the transaction ledger is maintained simultaneously across a network of unrelated computers or servers called “nodes”, like a spreadsheet that is duplicated thousands of times across a network of computers.
In a recent decision involving the cash-in-transit industry, the full bench of the Fair Work Commission upheld a decision to reinstate an armoured vehicle operator (AVO) after his successful unfair dismissal application.1
Recent amendments to the PBR Act have strengthened PBR rights and have aligned aspects of PBR with other intellectual property laws in Australia.
Changes to deductions for non-compliant payments to workers
From 1 July 2019, businesses will lose their deductions for payments to employees if no pay as you go (PAYG) withholding amount is withheld and reported to the ATO.