LodgeiT .ORG

← Bounties  /  Bounty #14  /  14c

Bounty 14c · Rule review · OPEN $300 ex GST

Bounty #14c: the discount

The Division 115 discount: the 12-month rule, the 50% / 33⅓ / nil percentages, and foreign-residency apportionment. About ninety minutes.

~1.5 hrsRules: Part H.Rules, not a calculator

Effort: ~1.5 hrs · Fee: $300 ex GST · Finding bonus: $100 per accepted defect, graded (wrong figure in scope / silent default / missing refusal / documentation)

Provisions

ss 115-10, 115-15 (11.45 am 21 Sep 1999), 115-25(1) (12 months), 115-100 (50% / 33⅓ / nil for companies), 115-105, 115-115(2) (foreign-residency apportionment); TD 2002/10 (day count).

Rules and scenarios to trace

Rules: Part H.
Scenarios: s2 (anniversary), s4 (company), s5 (super fund), s23 (foreign resident for part of the period), s24 (mixed percentages), s49 (missing resident days), s51 (discount start date), s52 (leap-year anniversary), s60 (missing residency), s33/s34 (refusals).

What we most want

  1. Q12: is a resident-day count an input practitioners can supply, or should the file compute it from dated residency periods?
  2. Q13: is refusing a 21 Sep 1999 event (time of day needed) acceptable?
  3. Q17: is “Australian resident and not a temporary resident throughout the ownership” the right single residency fact, or should residency be per income year?
  4. s52: is the leap-year anniversary treatment consistent with TD 2002/10?

Common to every family page

How we work

Rules, models and human judgement — how LodgeiT writes tax law as Logical English. This is a rule-review bounty, like Bounties #11 and #12: you check the law written out as rules, not a calculator, and tell us whether we stated it correctly. No software to install.

Your deliverable

The filled-in VERDICT_FORM.md (v1.2.1) — complete the row(s) for this family in §2, plus §3 (break-it), §11 (attestation) and §12 (signature) — attached to an email to support@lodgeit.net.au. Free-form prose is equally acceptable. §12 is a separate act from the verdict, and you are paid for the review whatever you answer there.

Reserve & send your verdict

Reserve 14c, then send your verdict

Email us to reserve it before you start, then send the completed verdict form to support@lodgeit.net.au.

support@lodgeit.net.au