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Showing 71 - 80 of 860 results for "ATO"

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... SMSF auditor, and cancelled the registration of two SMSF auditors. Five of these SMSF auditors were referred to ASIC by the ATO. Of the five, one did not comply with conditions imposed by ASIC on their SMSF auditor registration. These actions resulted ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... recently," Anderson said. "What they charge gives no indication that they have subordinated self-interest. And if you check the ATO statistics from the 2019/2020 year for the highest paid occupations, the top three spots are taken by medical professionals." ...

Advising through disability implications

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... benefit from the superannuation fund," he said. He explained from there it gets a "clip on the tip" and goes straight to the ATO. "In 99.9% of the cases that we deal with we'll help manage or recalculate that tax component by using quirks in the ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... proceeding, Link said it would evaluate alternatives for the business, engaging with applicable regulators, including the ATO, in relation to a potential in-specie distribution of a minimum of 80% of its PEXA shares.

SMSF growth slows, allocations shift

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... risk averse asset classes, but a surge in interest rates may play a role in returning funds back to cash." According to the ATO, almost one dollar in every five held in SMSFs is in a pooled investment product, being a managed fund, a life insurance policy ...

Financial adviser registration delayed

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... administered by ASIC using the Financial Advisers Register (FAR), with the second stage to commence once the FAR transitions to the ATO as part of the Australian Business Registry Service. "ASIC has been engaging closely with industry about how best ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... streamline the process will ease the burden on employers, and changes need to be made to the 'standard choice form' issued by the ATO to better reflect the policy intent of stapling," it said. "The current design of the form and the flow-on to digital ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... chorus of consumers groups, industry funds, unions and employers say paying super with wages will fix the problem and with the ATO only recovering a dismal 15% of the unpaid super debt its vital for members that this change is made," ISA said. "Women ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... lodged self-managed superannuation fund (SMSF) annual returns with incorrect details. Following an Australian Taxation Office (ATO) referral the TPB found the agents falsely stated the funds' annual audits had been completed. According to the bodies ...

Charter Hall secures ATO HQ

CHLOE WALKER  |  TUESDAY, 20 SEP 2022
... Hall Group has acquired a $300 million site in Canberra to construct the new headquarters for the Australian Taxation Office (ATO). Located near Parliament House, the 33,000sqm, five-storey building will be developed by the property fund giant alongside ...