Handbook

This course focuses on the key policy and practical aspects of the administration of the Commonwealth’s 'self-assessment' income taxation regime. The materials provide a broad perspective on the challenges all parties face in meeting their various obligations under the tax laws.

Topics include: the assessment process including time limits to amend assessments by the Commissioner or taxpayers; the ruling system and the reliance taxpayers can place on all ATO publications; information gathering powers of the Commissioner and its limitations; the uses to which the ATO puts all the data it collects; the review/audit process and how to manage a/n review/audit; tax corporate governance including how the Commissioner and taxpayers manage risk; involuntary tax collection; tax agent ethics and obligations including rights of taxpayer clients; the role of digitization on each aspect; the role of the general anti avoidance rules and an overview of how the rules work.