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Showing 991 - 1000 of 6839 results for "Tax"

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
The Financial Planning Association of Australia (FPA) is calling for the government to provide tax-deductible status to all financial advice, no matter the stage. In its pre-budget submission, the FPA acknowledged that the ATO is looking into the tax ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... excess demand." Further, medium-term fiscal policy should ensure credible consolidation amid structural spending pressures, and tax reforms should help mobilise revenues, strengthen economic efficiency, and improve equity, the IMF added. On the report ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... members on low and middle incomes." It further added other key recommendations to reform superannuation settings are around tax concessions. It explained due to super being taxed at 15%, lower income earners in the bottom brackets are hit harder on super ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... government should also pay super on the Commonwealth Paid Parental Leave Scheme and increase the Low-Income Superannuation Tax Offset to account for changes to tax brackets and increases in the super guarantee, it suggested. "Super has been a boon for ...

Regal reports FUM loss

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
... initial drawdown is expected to occur in 1Q 2023. As for performance fees, Regal said it will recognise about $14 million in pre-tax revenue for the six months to December 31, 2022. It previously announced earnings of $22.7 million for the six months ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
AMP said impairment charges totaling a cool $68 million post-tax will see its 2022 statutory profits take a hit. The financial services giant expects the impairments, which amount to $94 million pre-tax, to be recognised in its FY22 results. The charges ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
... financial year. The new PDS will offer additional product features to the company's investment bond, expand investment options and tax optimised investment strategies. "The new PDS will give financial advisers and their clients additional strategies ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
The government has released a consultation paper outlining possible amendments to the non-arm's length income (NALI) provisions relating to superannuation funds. It explained a potential change to self-managed superannuation funds and small APRA-regulated ...

Perpetual, Pendal finalise merger

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... of our global distribution footprint; building on our leadership in ESG and realising $60 million in expected run-rate pre-tax expense synergies," he said. Adams added the client consent process has proven to be "very successful" with Pendal achieving ...

TPB bans PwC partner over breach

CHLOE WALKER  |  MONDAY, 23 JAN 2023
The Tax Practitioners Board (TPB) has barred former PwC head of international tax Peter-John Collins for integrity breaches. The deregistration, which includes a two-year ban on Collins becoming a registered tax practitioner, followed an investigation ...