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Showing 51 - 60 of 907 results for "Taxation"

FCA simplifies listing rules to attract global companies

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
... reported by The UK Listing Review. While a company's decision to list involves various factors beyond regulation, such as taxation policies and capital availability, the UK's listing regime has been viewed by some issuers and advisers as "too complicated" ...

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
... allocation in an orderly fashion, and also allow the development of a reporting regime to "enable a more appropriate taxation of realised profits."

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... liability. The FAAA says that consideration should be given to aligning the new measure to existing superannuation and taxation laws as much as possible," she said. Treasurer Jim Chalmers floated the changes in late February to bring the headline tax ...

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... retirement savings early. Of the total SMSFs in existence, 25% are operated by private wealth groups, according to Australian Taxation Office assistant commissioner for self-managed superannuation funds risk and strategy Justin Micale. Micale told a ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... superannuation changes will improve equity by curbing tax benefits for high-income earners. The introduction of higher taxation for balances exceeding $3 million is projected to lead to a 9.5% reduction in tax concessions related to investment earnings ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... manipulation of the franking system," he said. "Disallowing franking in these situations would expose the shareholders to double taxation. Company profits would still be subject to tax, but the shareholder would receive an unfranked dividend with no ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... administrative burden for employers that is leading some to bypass the stapling requirements," he said. In April, the Australian Taxation Office will roll out an IT system to streamline the process for digital service providers. It will also finalise ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... market. Rainmaker Information executive director Alex Dunnin said introducing superannuation caps, such as the proposed taxation changes, would bring more equity to the system in principle. However, it would only affect a small percentage of the population ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... earnings for the year. "This is a tax on what's supposedly an exempt pension," Bradford said. "This takes the Australian taxation regime for superannuation to a TTT system, tax on contributions, tax on earnings, and now a tax on drawdowns. We will ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... for both off-market and on-market share buybacks carried out by listed companies. Additionally, the Bill aims to modify taxation law to prevent franking credits form being released through certain distributions funded by capital raisings, without "significantly ...