October 2011 Newsletter

Dear #firstname#, In a recent case the ATO claimed a taxpayer was an Australian Resident and sought to amend their tax returns for several years. The taxpayer had been living in Malaysia for this period, was employed there and had set up an apartment. He did return to Australia several times a year to visit family and when he completed the airline passenger cards he wrote "resident" and the ATO tried to use this as proof that he was in fact a resident. The taxation tribunal found that the purpose of the cards was not to establish taxation status and the ATO lost the case we find it interesting to see how widespread their sources of information are becoming. For more information, please do not hesitate to contact our office on (03) 9802 2533, or visit our website, www.rogersonkenny.com.au. Tax Compliance Update Keeping your Tax Records <click here> Superannuation Update Minimum Annual Payments for Self-Managed Superannuation Income Streams (Pensions) for 2011/2012 Financial Year <click here> Business Update Cash Flow Monitoring is Vital for Success <click here> Technical Update Landmark GST Decision for Industries Remitting GST to the ATO for Cancelled and ‘No Show’ Bookings <click here> Staff Member Profile Michael Leveleky <click here> Do you want you want to be "Client of the Month"? Please email sasha.dean@rogersonkenny.com.au to find out more!
Rogerson Kenny Business Accountants - P.O. Box 323 Mt Waverley Victoria 3149 Ph: (03) 9802 2533 F: (03) 9802 0590 E: mail@rogersonkenny.com.au This update is designed as a summary of taxation information and is not intended to be taken as advice. Rogerson Kenny accepts no liability for decisions made according solely to this information. Please contact Rogerson Kenny for an interview for more information.

Dear #firstname#,

In a recent case the ATO claimed a taxpayer was an Australian Resident and sought to amend their tax returns for several years.
The taxpayer had been living in Malaysia for this period, was employed there and had set up an apartment.
He did return to Australia several times a year to visit family and when he completed the airline passenger cards he wrote "resident" and the ATO tried to use this as proof that he was in fact a resident. The taxation tribunal found that the purpose of the cards was not to establish taxation status and the ATO lost the case we find it interesting to see how widespread their sources of information are becoming.

For more information, please do not hesitate to contact our office on (03) 9802 2533, or visit our website, www.rogersonkenny.com.au.

Tax Compliance Update

Keeping your Tax Records
<click here>

Superannuation Update
Minimum Annual Payments for Self-Managed Superannuation Income Streams (Pensions) for 2011/2012 Financial Year
<click here>

Business Update
Cash Flow Monitoring is Vital for Success
<click here>

Technical Update

Landmark GST Decision for Industries Remitting GST to the ATO for Cancelled and ‘No Show’ Bookings
<click here>

Staff Member Profile

Michael Leveleky
<click here>

Do you want you want to be "Client of the Month"? Please email sasha.dean@rogersonkenny.com.au to find out more!

Rogerson Kenny Business Accountants - P.O. Box 323 Mt Waverley Victoria 3149 Ph: (03) 9802 2533
F: (03) 9802 0590 E: mail@rogersonkenny.com.au

This update is designed as a summary of taxation information and is not intended to be taken as advice.
Rogerson Kenny accepts no liability for decisions made according solely to this information.
Please contact Rogerson Kenny for an interview for more information.