VETASSESS have priority processing from 1 August 2017

Vetassess are introducing a priority processing for general occupations beginning on 1 August 2017. This will only apply to new occupations and it appears you may need to have reasons to ask for priority, along with paying the extra fee. This is great news as it provides visa applicants and employers a fast track method and quicker result on your skills assessment. This means less time waiting on a bridging visa and more time in the queue waiting for your temporary or permanent visa.

For those looking to apply for a 190 visa you should consider the priority processing. In this way, you can enter the invitation line sooner, and before the influx of all the others that are waiting the usual 3 months for a skills assessment with VETASSESS.

Tax implications for spousal payments

If you are receiving spousal maintenance, you should consider the tax consequences of these payments. Ordinarily, payments that you receive from your ex-partner that come within the definition, are exempt from tax.

The Income Tax Assessment Act 1997, section 51.50 states the requirements to for the payments to be exempt from tax (i.e no tax needs to be paid, as it is not assessable income).

The requirements are:

  1. The payment is made to an individual who is or has been the maintenance payer’s spouse;
  2. to or for the benefit of an individual who is or has been:
    1. child of the maintenance payer; or
    2. a child who is or has been a child of an individual who is or has been a * spouse of the maintenance payer.
  3. The maintenance payment is not exempt if, in order to make it or a payment to which it is attributable, the maintenance payer:
    1. divested any income-producing assets; or
    2. diverted * ordinary income or * statutory income upon which the maintenance payer would otherwise have been liable to income tax.

Essentially, if you are receiving spousal maintenance in the ordinary course of things, it is exempt. If however, the spousal maintenance is paid above what is normally required in an attempt to minimse tax, this is tax avoidance which can be penalised, as well as the payments no longer being tax exempt.