The outcome of an insurance payout case before the AAT that has left tax advisers scratching their heads.
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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 incoming client verification standard for tax practitioners driven by the spike in identity theft and scams that practitioners will need to implement.
Budget 2021-22 – the key tax measures and their impact
Insurance payments and repair costs for a rental property – the outcome of a case on the tax treatment of an insurance payment for flood and storm damage to a rental property and whether it should be taxed in the hands of the taxpayer under the assessable recoupment rules. - Dessent v FC of T  AATA 1206.