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| | | ... reinvesting profits and the raising of capital to pay dividends is merely prudent cash flow management and nothing to do with tax avoidance or the manipulation of the franking system," he said. "Disallowing franking in these situations would expose the ... |
| | | | ... the budget are two key superannuation measures aimed at increasing revenues. The first is to better target superannuation tax concessions, saving over $11.5 billion each year once fully implemented. Tax breaks on super currently cost about $45 billion ... |
| | | | ... savings in retirement. This will enhance the long-term sustainability of the superannuation system and take pressure off future tax settings, he said. |
| | | | The federal government has released the outcomes of its review into the Your Future, Your Super laws, flagging among many findings, that it will "fine-tune" the performance test and extend the performance period to 10 years. Starting with the highly ... |
| | | | ... how the government can save up to $13.5 billion annually if superannuation was not geared towards giving high-income earners tax windfalls. The newly released report, Super savings: Practical policies for fairer superannuation and a stronger budget ... |
| | | | The government has opened consultation on its proposal to increase the concessional tax rate for superannuation balances over $3 million. Under the proposal, individuals with super balances over $3 million would see their tax rates on earnings double ... |
| | | | According to new data, 80% of Australians agree that super is for providing financial security in retirement and support law changes that will deter early release. As the government's consultation on legislating super objectives closes, Industry ... |
| | | | ... a leading investment multi-manager in Australia". The transfer of both businesses was expected to be a $225 million after-tax gain for Westpac. BT is busy consolidating its remaining superannuation offerings, including shutting down the Retirement Wrap ... |
| | | | ... buyback was recently finalised. "[We] have determined that returning capital through an on-market share buyback is the most tax effective method for shareholders. However, on-market share buybacks, by their nature, take time. Because the buyback reduces ... |
| | | | ... Australian Shares Income Fund. The Hamilton12 Australian Shares Income Fund, launched this month, aims to generate long-term after-tax returns for Australian resident investors in excess of the benchmark after fees, including an annual gross dividend ... |
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