Taxabull » high court http://www.taxabull.com Australian Tax & Accounting news. No BS. Mon, 28 Dec 2009 23:08:28 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 ATO vs Symone Anstis case dispute continues..!! http://www.taxabull.com/2009/12/21/ato-vs-symone-anstis-round4/ http://www.taxabull.com/2009/12/21/ato-vs-symone-anstis-round4/#comments Sun, 20 Dec 2009 23:24:15 +0000 taxabull http://www.taxabull.com/?p=394 Justice will be served..!!

Justice will be served..!!

 

This is our continued coverage of this tax case regarding the deductibility of self-education expenses against Youth Allowance income……

The full Federal Court found in favour of Symone Anstis on 4 November 2009.

However, the ATO has once again lodged an application on 2 December 2009 for special leave to appeal against this decision to the High Court.

This should be final rung in the ongoing dispute, so until then, the ATO’s existing non-deductible view stands.

Keep those tax receipts though as we think that Symone has a very strong case to argue.

TIMELINE OF EVENTS (UPDATED) 

17/11/2006  ATO issues an amended tax assessment to Symone
27/11/2006  Symone objects to amendment
05/12/2006  ATO disallows Symone’s objection
12/12/2006  Symone goes to Tribunal to dispute ATO decision
18/04/2007  Tribunal rules in favour of ATO
21/07/2008  Symone appeals to the Federal Court
01/04/2009  The Federal Court rules in favour of Symone
29/05/2009  The ATO appeals against the Federal Court decision
04/11/2009   The full Federal Court dismisses the ATO’s appeal
02/12/2009   The ATO appeals the decision to the High Court

 

COURT JUDGEMENTS
Anstis v Federal Commissioner of Taxation – Federal Court (1 April 2009)
FC of T v Anstis – Full Federal Court (4 November 2009)

 

Fingers crossed…!
Taxabull Team
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