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Showing 101 - 110 of 328 results for "Taxpayers"

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... sufficient total income for their needs, let alone any savings for retirement. The Institute argues the country's taxpayers will be forced to carry the added costs. "As a growing part of the workforce, if the gig economy workers do not participate ...

Google to pay ATO $481.5m

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... was a "great outcome". "It adds to the significant success of the ATO in positively changing the behaviour of digital taxpayers and significantly increasing the tax they pay in Australia," he said. "The extension of the taskforce until 2023 will ensure ...

Liberal win stuns, ASX rallies: Poll

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... relaxed about their superannuation after the election. "The best news is that franking credit refunds will continue to all taxpayers and we expect to see a reintroduction of legislation that was before parliament but lapsed when the election was called ...

Advisers forgo charitable conversations: Poll

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
... of charities. About with 14% of participants claim they "outright distrust" charities. About one-third of Australian taxpayers make a donation to charity and claim a deduction. But this has declined by 7.2% from $3.1 billion to $2.9 billion, the research ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... this figure. Grattan Institute research from April this year said the average wage for all workers is $67,243, for all taxpayers that number drops to $58,528. The Grattan Institute said the average Australian taxpayer makes just $43,574. The median annual ...

ATO demands crypto data

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... accounts, linked bank accounts and total account balance. The ATO said the purpose of the data matching program is to ensure taxpayers are correctly meeting their tax and superannuation obligations - particularly in relation to cryptocurrency transactions. ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... employees to claim a tax deduction for voluntary personal super contributions." He explained that under the current rules taxpayers can make extra super contributions up to the concessional contributions cap of $25 000 each financial year - and claim ...

Inquiry denounces franking credit ban

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... in retirement onto the Age Pension. This undermines any objective that it may raise revenue and reduce dependence on taxpayers resulting from an ageing population." The final report also recommended any policy which could reduce retiree income by up ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... when the Rudd Labor Government was elected in 2007. Australia's Federal Budget is still 46% reliant on individual taxpayers, which is more than double the 20% reliance on company taxes; 8% reliance on excise; and 7% reliance on asset sales, interest ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... lowered to 30% from 1 July 2024, Frydenberg said. This covers those earning between $45,000 and $200,000, meaning 94% of taxpayers will benefit. "Under the Morrison Government, tax as a share of the economy will not rise above the 23.9 per cent cap," ...