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Showing 101 - 110 of 287 results for "Tax concessions"

'Constant tinkering' leaves Australians uncertain: MLC

KERRIE SYDEE  |  MONDAY, 22 AUG 2016
... political whims for too long," Cater said. "Over the past decade, too often the debate has focused on the year to year tax concessions in a system that has not fully matured. Too many have ignored dramatic and ongoing changes to workforce participation ...

O'Dwyer says life insurance back on the agenda

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... pass on to the next generation," alluding to the Coalition's controversial $1.6 million accumulation cap. "Super tax concessions need to be sustainable. We will soon be releasing exposure draft legislation and will consult on this issue," she said.

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... Budget. We will make changes to the superannuation system that will provide greater flexibility, better target tax concessions, and reduce the extent to which the superannuation system can be used for tax minimisation and estate planning. While the changes ...

Super needs calm after budget shake-up: Vamos

DARREN SNYDER  |  FRIDAY, 13 MAY 2016
... about whether the government's super changes were good policy. "When you look at the traditional definition of tax concessions that are retrospective, it is doesn't apply to what has happened. What it means is that the arrangements that were in place ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... the $2 trillion industry. On Tuesday the government announced a $500,000 lifetime cap will be applied to after-tax concessions on superannuation as part of the wider agenda to slow retirement savings being purely wealth accumulation for higher-income ...

What the budget means for you

MARK SMITH  |  TUESDAY, 3 MAY 2016
... independent advice firms. Treasurer Scott Morrison's 2016/17 budget has taken an axe to generous superannuation tax concessions in a bid to promote a fairer system for all. The concessional contribution cap has been lowered to $25,000, a new $1.6 million ...

Ten-year enterprise tax plan to benefit SMEs

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
... 2019-20. The current $2 million turnover threshold will be retained for access to the small business capital gains tax concessions, while unincorporated small business tax discount will be increased to 8% and the threshold extended from a turnover of ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
On the eve of Treasurer Scott Morrison's first budget there is further support to rein in superannuation tax concessions for the wealthy, provided that proceeds fund better retirements for women and lower income earners. Industry Super Australia is ...

ISA calls out pre-Budget arguments on contribution caps

DARREN SNYDER  |  FRIDAY, 29 APR 2016
... small number of high income employees, with super balances averaging $600,000, are the main beneficiaries of super tax concessions on large voluntary contributions made under existing caps of $30,000 to $35,000 a year. "The numbers tell us the "catch ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
Superannuation tax concessions should be reduced to fix Australia's ballooning structural deficit, according to global audit, tax and advisory services provider KPMG. The company has specifically recommended that the annual income threshold at which ...