Reportable Tax Position Schedule Instructions 2021 – key changes has been saved
Reportable Tax Position Schedule Instructions 2021 – key changes
On 24 March, the ATO updated their instructions to assist taxpayers complete the Reportable Tax Position (RTP) Schedule for 2021.
While the RTP instructions are largely consistent with prior years, the number of Category C disclosures has increased substantially, in line with the increasing number of Practical Compliance Guidelines and Taxpayer Alerts being released by the ATO.
This Tax Insights provides an overview of the key changes in the 2021 RTP Instructions.