At over 50 years old, The Australian Tax Handbook was due for a makeover, so in 2010 Thomson Reuters launched its major Handbook rewriting project.
The ongoing rewrite focuses on making working life easier for practitioners, and is based on feedback from professionals working in the largest firms through to small practices.
Without compromising the quality of its analysis, The Handbook is shedding the weight of excess detail to clearly explain the core tax principles it covers. For example, gone will be references to cases, rulings and ATO IDs that don’t illuminate these principles.
Feedback has also resulted in a structural ‘renovation’, with an improved chapter arrangement that reflects the workflow of practitioners (coming soon – August 2011).
Concise explanation of the Australian tax system will continue to be supported by practical components that users like most, such as examples, checklists, ready reckoners and tables of rates.
The Australian Tax Handbook is updated quarterly online, with the Tax Return Edition 2011 annual book due in August 2011.
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