Federal Register of Legislation - Australian Government

Primary content

Notice of Ruling 24 March 2021

Authoritative Version
This instrument gives notice of public rulings Class Rulings CR 2021/23, CR 2021/24, CR 2021/25 and Product Ruling PR 2021/1.
Administered by: Treasury
Registered 24 Mar 2021

The ATO logo containing the Federal Government crest and the words Australian Taxation Office.

 

Notice of Ruling 24 March 2021


The Commissioner of Taxation, Chris Jordan, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public rulings, copies of which can be obtained from ato.gov.au/law

 

NOTICE OF RULINGS

Ruling number

Subject

Brief description

CR 2021/23

EML Payment Solutions Limited – use of a living expenses card facility to acquire a stored value prepaid card

This Ruling sets out the fringe benefits tax consequences for employers who take part in EML Payment Solutions Limited’s scheme where participating employees use the living expenses card facility to acquire a stored value prepaid card.

This Ruling applies from 1 July 2019 to 31 March 2024.

CR 2021/24

Uber Australia Pty Ltd – promotions received by employees under the Uber Rewards loyalty program and Uber for Business platform

This Ruling sets out the income and fringe benefit tax consequences of promotions received by Uber Australia Pty Ltd employees under the Uber Rewards loyalty program and Uber for Business platform.

This Ruling applies from 1 April 2020 to 31 March 2025.

CR 2021/25

Blossomvale Holdings Ltd – return of capital

This Ruling sets out the tax consequences for shareholders of Blossomvale Holdings Ltd who received the return of capital payment on 17 July 2020.

This Ruling applies from 1 July 2020 to 30 June 2021.

PR 2021/1

Income tax:  Challenger Guaranteed Annuity (Short Term)

This Ruling sets out the tax consequences for taxpayers who purchase a Challenger Guaranteed Annuity (Short Term) issued by Challenger Life Company Limited.

This Ruling applies from 24 March 2021 to entities that enter into the scheme from 24 March 2021 to 30 June 2023.