RSM Australia

Our People

Michael Watkins
Senior Manager - Melbourne

Biography

Michael’s experience covers a wide range of tax related functions including advisory and compliance services for clients in numerous industries. Michael’s experience covers everything from listed corporations and privately held groups, to individuals and expatriate employees.

Michael also has expertise in managing audits conducted by revenue authorities, such as the Australian Taxation Office and the state and territory revenue offices.

Solutions michael provides

Michael provides a wide range of tax related services, including –

  • Tax compliance services
  • Tax effect accounting services
  • Tax due diligence
  • Strategic tax advice for all Commonwealth and State/Territory taxes
  • Transfer pricing
  • Advising on and managing audits conducted by commonwealth and state/territory revenue authorities

Significant projects

 Michael has been involved in –

  • Tax advisory and compliance services for a range of public companies, including those in the construction industry.
  • Tax due diligence for both investors and acquirers, including various international structures.
  • Defending tax audits conducted by the Australian Taxation Office and state and territory revenue offices for a number of clients across a range of sectors.

Associations

  • Member, Chartered Accountants Australia and New Zealand
  • Fellow, Taxation Institute of Australia

Qualifications

  • Bachelor of Commerce (Monash University)
  • Bachelor of Laws (Monash University)
Publications

Reportable Tax Position (RTP) Schedule for Private Companies Delayed

22 October 2019
After a brief consultation period on the expansion of the Reportable Tax Position (RTP) Schedule to include private companies, the Australian Taxation Office (ATO) has deferred the commencement of these measures until the 2021 financial year. Background  In February 2019 the ATO extended the RTP Schedule to public and foreign-owned com...

ATO broadens Reportable Tax Position lodgement requirements

7 February 2019
In the quiet of the first week of February, as Australia is getting back to work after the holiday period, the Australian Taxation Office (ATO) announced sweeping changes to its Reportable Tax Position (RTP) Schedule criteria.  The changes were released without any fanfare by way of an update on the ATO’s website.  Their effect is to...

ATO focus extended to superannuation guarantee non-compliance

30 August 2017
The Australian Government has announced increased funding for the ATO in order to focus on employer underpayments of compulsory superannuation contributions.   This can be seen as the next step in aggressive revenue raising initiatives, following high profile ATO action against multinationals, high net wealth individuals and the cash econom...