TIB - April 2025

Determinations

• NSC 2025: National Standard Costs for Specified Livestock Determination 2025 
• ITR36: 2025 International tax disclosure exemption

Interpretation statement

• IS 25/04: What an employee share scheme is, the taxing date and apportionment 

Technical decision summary

• TDS 25/02: Financing arrangement to fund the refurbishment of a capital asset
• TDS 25/03: GST – Output tax deductions, shortfall penalties
• TDS 25/04: Deductions and shortfall penalties
• TDS 25/05: GST - input tax, taxable
• TDS 25/06: Receipt of funding