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Showing 31 - 40 of 862 results for "ATO"

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... jumping 100% from $7.8 million. The government will also look to expand tax promoter penalty laws so they're easier for the ATO to apply to advisers and firms that promote tax avoidance. Further, it will increase the time limit for the ATO to bring Federal ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... new fund establishments in the 2023 financial year. Baby Boomers, aged 57 to 71, account for 21.3% of establishments. Citing ATO data, the median age of members for all newly established funds was 46 years old in FY21, which has reduced from 54.1 years ...

NowInfinity bolsters estate planning capabilities

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... enable them to easily keep their SMSF deeds and investment strategies up to date and compliant." NowInfinity flagged recent ATO data that shows28% of all SMSFs are established on its platform.

State Super partners with analytics firm

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
The $38 billion State Super has selected a global data and analytics firm that recently launched in Australia to provide portfolio and risk solutions. State Super senior investment manager Alan Chan said the fund chose Premialab for its ability to deliver ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... again." The government said it will expand tax promoter penalty laws so they're easier for the Australian Taxation Office (ATO) to apply to advisers and firms who promote tax avoidance. It will also increase the time limit for the ATO to bring Federal ...

Integro Private Wealth welcomes GM

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... presence in Western Australia, particularly in the Albany region, and grow their brand on a national level." According to the ATO's 2023 taxation figures, Cottesloe and Peppermint Grove in Western Australia are the third highest earning suburbs in the ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... above $500,000, can we carry for that unused cap space? If I get the client to log into their myGov account and look at the ATO profile, is that going to be correct around how much carry forward to cap space they do or don't have? He further highlighted ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
The superannuation gender balance gap has slightly worsened, fresh Australian Taxation Office (ATO) figures reveal, as it crawls toward 21%. During the 2021 financial year men's super balance held $189,892, while women had 21% less on average at $150,922. ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... legislative requirements. "We haven't considered that, no... We went through the process of investigating the referral from the ATO. We considered the evidence and made findings, and we imposed sanctions at the end of 2022. We considered the information ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... pursue additional superannuation reforms to provide gig workers with an entitlement to the SG. HESTA also emphasised that the ATO should increase its SG compliance activities for gig workers in 'employee-like' arrangements. "We will continue ...