A focus on topical tax issues - August 2018
Modernising tax administration
As we briefly highlighted in the July 2018 Tax Alert the Government has introduced a new tax bill with some important changes to the way the tax rules are administered. The Taxation (Annual Rates for 2018-19, Modernising Tax Administration, and Remedial Matters) Bill (the Bill) proposes changes to the core aspects of the Tax Administration Act 1994 (the Act). These proposals have their origins in the discussion document issued in December 2016, Making Tax Simpler – Proposal for modernising the Tax Administration Act (the Discussion Document). You can read our July 2017 Tax Alert for more detail on the changes as originally proposed in the Discussion Document.