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Showing 91 - 100 of 6195 results for "Tax"

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... Oxfam said only governments have the power to rein in such inequality. It is calling for the scrapping of the stage-three tax cuts, while implementing a progressive wealth tax of 2-5% on multi-millionaires and billionaires locally. The government should ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
Mayfair 101 says its noteholders have been left devastated by new sales data that suggests the Mission Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... Office recently clarified rules on deductibility of financial advice fees under new draft determination TD 2023/D4 Income tax: deductions for financial advice fees paid by individuals who are not carrying on a business. The ATO proposed adding the deductibility ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
While there are good indications that Melissa Caddick's victims will recoup most of their funds, the lawyer spearheading the latest class action believes that SMSF clients should get all their money back. Michael Chapman, a director at Melbourne-based ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... growth and a housing shortage in major cities, is set to galvanise financial advice discussions focused on superannuation and tax strategies. "Good old real estate and the strategies around property ownership will continue to be topical amongst financial ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... functionality enhancements including a workflow tracker, an adviser dashboard, and an improved trading capability with real time tax estimates, Rickard said. "As we continue to improve the functionality within Expand Essential, we have also streamlined ...

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
Putting an old rivalry behind, financial advice practices are increasingly joining forces with accounting firms as the former seeks to meet clients' demand for holistic advice that includes taxation. Over the next decade, Radar Results predicts ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... Earlier in the month, WHSP said its takeover proposal offered Perpetual shareholders an "opportunity to unlock value through a tax-efficient structure, while still maintaining the company's various businesses. However, Perpetual's board unanimously ...

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... that less than 1% of SMSFs with balances over $3 million have farm-related income. The government has proposed an additional tax (15%) on earnings for individuals with a total superannuation balance that exceed $3 million. SMSF Association chief executive ...

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... contribute more than $50 million in revenues, about $4.5 million in gross profit, and more than $500,000 in net profit before tax. It also grows WT Financial Group's funds under advice by $5 billion, while adding about $150 million of in-force risk premiums. ...