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Showing 91 - 100 of 100+ results for "Australian Taxation Office"

ATO and TPB terminate tax agents

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
... terminated this week following a joint TPB and ATO investigation. The Tax Practitioners Board (TPB) and the Australian Taxation Office (ATO) received 19 consumer complaints about the registered tax agents. The complaints alleged the tax agents offered ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... received increased funding in the government's Mid-Year Economic and Fiscal Outlook (MYEFO). The Australian Taxation Office (ATO) will receive more than $182 million over four years from 2019-20 to extend the Serious Financial Crime Taskforce - one ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... time. The Ophir High Conviction Fund closed to new investors in March, as the boutique applied to the Australian Taxation Office to get a tax ruling for rollover release to prevent its current investors from accruing additional capital gains taxes in ...

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... Bowen said: "Currently unpaid or underpaid employer superannuation contributions are a debt owed to the Australian Taxation Office, rather than the worker. Unless there is a clause in their award or agreement, workers can't chase this money - as ...

More SMSF auditors disqualified

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... disqualified, by searching ASIC's SMSF auditor register. Both men were referred to ASIC by the Australian Taxation Office (ATO) under section 128P of the SIS Act. From 1 July 2013, the SIS Act required all auditors of SMSFs to be registered with ...

ASIC keeps watch on SMSF auditors

DARREN SNYDER  |  MONDAY, 29 OCT 2018
... issues, or on fit and proper person criteria, since the registration of SMSF auditors began in 2013. Australian Taxation Office (ATO) referred 98 cases of the 120 that ASIC probed. The regulator removed 76 SMSF auditors from the auditor register, suspended ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty. Testimony from the ATO at the Senate Estimates committee for economics this ...

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
... prefer high dividend-paying Australian shares where the 30% corporate tax has been paid already to the Australian Taxation Office (ATO). It penalises retirees who have saved for their retirement and invested in Australian companies," ASA said. "Our objection ...

Lost super sits at $17.5bn

KARREN VERGARA  |  MONDAY, 15 OCT 2018
The total amount of lost and unclaimed superannuation stands at $17.5 billion, new data from the Australian Taxation Office (ATO) shows. During 2017-18, unclaimed super reduced by $420 million, with New South Wales accounting for more than $2.2 million ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...