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Showing 1131 - 1140 of 6964 results for "Tax"

ASIC FAR to display adviser QTRP status

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
From February 1, ASIC's Financial Advisers Register (FAR) will display whether a financial adviser can provide tax (financial) advice services to retail clients. To provide tax advice services to retail clients, a financial adviser must meet certain ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... according to APRA. Analysis of data to September 2022 shows IDII enjoyed a run of favourable results, reporting net profits after tax for five straight quarters. This followed an extended period of losses, with the sector losing $3.4 billion in the five ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... is proceeding with a legislative amendment to exempt Australian subsidiaries of the Future Fund board from corporate income tax. Currently, the Future Fund board is exempt from income taxes, but this exemption doesn't extend to its wholly-owned subsidiaries. ...

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... There are a lot of hidden costs to target. "Funds need to reduce foreign exchange costs, monitor trading costs, ensure that tax leakage is as low as possible and that the way strategies interact together works well. It's about ensuring that you've ...

BGL adds company tax return to software solution

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
The SMSF provider released an electronic lodgment of the company tax return in its investment portfolio software solution, Simple Invest 360. Simple Invest 360 is an end-to-end investment portfolio management solution for companies, individuals and ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
... been revised to reflect actual case assessments performed and remediation payments made, which has been recognised as a post-tax adjustment of $147 million to the Count divestment in the first half of 2023," a CBA statement said. CBA added that it's ...

BlackRock implements ETF stock split

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... it easier for Australian investors to invest in smaller amounts and at a significantly lower unit price. "They will have no tax implications or impact on fund performance," explained the investment giant. As a result of the stock splits, the units on ...

HNWs recalibrate investment goals: Report

CHLOE WALKER  |  THURSDAY, 1 DEC 2022
... assets. Financial advisers are the main port of call for inter-generational planning discussions, the most pertinent areas being tax optimisation and wealth preservation. Guiamatsia added: "This annual research always explores in a great deal of detail ...

AMP appoints new chief financial officer

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... strategic activities of the organisation across financial control, statutory and regulatory reporting, performance reporting, tax, investor relations, treasury, M&A, strategic sourcing, and workplace experience. Most recently, Fredricson was acting chief ...

Mutuals' assets increase, profits declines: KPMG

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... of funding", grew by 7.0% to $124.9 billion from $116.7 billion in 2021. At the same time, overall operating profit before tax (PBT) declined by 11.1% to $604.7 million from $680.5 million in 2021. This fall was primarily due to a decrease in net interest ...