Australian Master Tax Guide 2022 (70th Edition)

The Australian Master Tax Guide is Australia’s leading tax handbook. Professionals rely upon the Guide for clear, concise, and current commentary covering the full scope of Australian taxation law.The 2022, 70th edition of the Australian Master Tax Guide will be updated to 31 December 2021 and will contain tax law developments that occurred in 2021.

Key Features

• Authoritative commentary on all aspects of Federal income tax (including capital gains tax), GST, FBT, fuel tax credits and superannuation
• A complete chapter of practical checklists, including expanded tax return preparation checklists for company, partnership and trust tax returns
• Complete effective life (depreciation) tables and calendar of key tax dates
• Basic overview of State taxes such as duties, payroll tax and land tax
• A comprehensive subject index and finding lists.

Topics Covered:

TYPES OF TAXPAYER

• Introduction to the Australian Tax System
• Individuals
• Companies
• Dividends • Imputation System
• Partners and Partnerships
• Trustees • Beneficiaries • Deceased Estates
• Small Business Entities
• Consolidated Groups

TAX ACCOUNTING, STOCK

• Tax Accounting • Trading Stock

INCOME, CAPITAL GAINS

• Assessable Income • Tax Exemptions
• Capital Gains Tax • General Topics
• Capital Gains Tax • Special Topics

SUPERANNUATION, TERMINATION

• Superannuation Funds • Contributions
• Superannuation Benefits • Termination Payments

PERSONAL OFFSETS, DEDUCTIONS

• Personal Tax Offsets
• Business, Employment and Investment Deductions • Gifts

CAPITAL ALLOWANCES, INCENTIVES

• Depreciating Assets
• Primary Productions Concessions
• Mining • Infrastructure • Environmental Protection
• R&D • Films • Capital Works • NRAS • Innovation Schemes

INTERNATIONAL TAXATION

• Residence • Source • Foreign Tax Offsets • Accruals Taxation
• Non-resident Withholding • DTAs • Transfer Pricing • Thin Capitalisation

FINANCE

• Financial Arrangements • TOFA

RETURNS, ASSESSMENT, PAYMENT

• Returns • Activity Statements • RBAs • Rulings
• Assessment • Audit • Collection
• PAYG Withholding
• PAYG Instalments

DISPUTES, AVOIDANCE, TAX PLANNING

• Objections • Appeals
• Penalties • Offences
• Tax Avoidance • Alienation of Income • PSI
• Tax Planning • Year End Tax Strategies

TAX AND BAS AGENTS, TFNs, ABNs

• Tax Agents and BAS Agents
• Tax File Numbers • Australian Business Numbers • Third Party Reporting

OTHER TAXES

• Goods and Services Tax
• Fringe Benefits Tax
• Payroll Tax
• Stamp Duty
• Land Tax
• Superannuation Guarantee Charge
• Fuel Tax Credits

TAX RATES, CHECKLISTS, PENDING LEGISLATION

• Pending Tax and Superannuation Legislation
• Tax Rates and Tables
• Capital Allowances (Depreciation) • Effective Life
• Tax Checklists
• Tax Calendar