This month we look at changes to Division 7A for company loans to shareholders and associates to be compliant and the deductibility of payments to employees and contractors where PAYG withholding is concerned.

We also explore some ATO views in relation to home office claims of employees and, in particular, where an employee’s home office is located overseas. As the workforce becomes more globalised, we’re encountering these scenarios more often.

Lastly, we provide some guidance on applying for a Private Ruling if you want to test-drive a claim with the ATO before lodging your tax return. Please consider reading our article before relying on what your friends and Google tell you.

Please contact us for any further advice or questions.