Other announcements measures

An amendment to Section 93(1) of the Taxation Administration Act 1996

A taxpayer cannot exercise a right of appeal unless they have paid the Commissioner 50% of the whole amount of any tax to which the appeal relates. An amendment has been made to make clear that a taxpayer is only required to pay 50% of the primary tax in dispute before an appeal can be lodged (as opposed to 50% of the whole amount of tax assessed inclusive of interest and penalty tax).

The introduction of a tax for betting companies offering services in South Australia

A tax of 15% on the “Net Wagering Revenue” of betting companies offering services in South Australia, will be introduced effective from 1 July 2017.