July 2021 Tax Round Up - new guidance on tax treatment of software

1 min read
02/08/21 09:57

Who thought accounting would be one of the most exciting and dynamic careers when they started their degree? With the continuing lockdowns across the country, the rollout of financial support measures, and the rapid rate of regulatory change, we’re in demand more than ever.

Members, download the full July 2021 Tax Round Up (login first) from the member-only website. To see what Knowledge Shop membership offers, call the team on 1800 800 232 or take an online tour.


Join Michael Carruthers (Tax Director, Knowledge Shop), Matthew Tse (Tax Adviser, Knowledge Sop), and Lisa Armstrong (MD, Knowledge Shop), for just the juicy bits for accountants and advisers:

  • The evolving tax treatment of COVID-19 support payments to business and individuals
  • The updated guidance from the ATO on the tax treatment of software – as a guide on the website and in TR 2021/D4.
  • Implications of the taxable payments reporting system capturing sharing economy platforms from 1 July 2022.

Tax Treatment of Software Webinar

Get Email Notifications

No Comments Yet

Let us know what you think

This information is general information only and not intended to be financial product advice, investment advice, tax advice or legal advice and should not be relied upon as such. As this information is general in nature it may omit detail that could be significant to your particular circumstances. Scenarios, examples, and comparisons are shown for illustrative purposes only. Certain industry data used may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Knowledge Shop has not independently verified any such data provided by third parties or industry or general publications. No representation or warranty, express or implied, is made as to its fairness, accuracy, correctness, completeness or adequacy. We recommend that individuals seek professional advice before making any financial decisions. This information is intended to assist you as part of your own advice to your client. Use of this information is your responsibility. To the maximum extent permitted by law, Knowledge Shop expressly disclaims all liabilities and responsibility in respect of any expenses, losses, damages or costs incurred by any recipient as a result of the use or reliance on the information including, without limitation, any liability arising from fault or negligence or otherwise. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Knowledge Shop is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. Tax is only one consideration when making a financial decision.