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Showing 111 - 120 of 866 results for "ATO"

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... 2017-2019, comprised of over 489.000 unique observations with data on over 318,000 unique SMSFs. The research found that the ATO's calculation of SMSF investment performance persistently underestimates SMSF performance, with evidence suggesting that ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... ability of the fund to discharge its liabilities. "You must also be able to demonstrate that the fund owns the asset. The ATO website contains information about these obligations. "A licensed financial adviser can assist you with formulating an appropriate ...

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... inform the fund of a new super product to which their balances will be transferred, save having the funds transferred to the ATO. According to APRA data, in June 2020 CUBS Superannuation was home to just 1200 members while the fund's 2021 annual report ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... at the event. Both ministers agreed that unpaid super is a significant issue, yet no one can agree on the exact figure. The ATO calculates $3.5 billion while ISA believes the figure to be $5 billion. "It's a big problem, whether it's $3 billion ...

ASIC bolsters leadership

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... workplace relations and advisory, remuneration and benefits, and diversity and inclusion. She has previously worked with the ATO and the NSW Department of Premier and Cabinet. Finally, ASIC has also appointed several regional commissioners to work with ...

AMP North further expands menu

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... Capital signed a major lease agreement with the Australian Taxation Office for a period of 10 years. From December 1, the ATO housed staff across nine floors on 255 George Street, Sydney. The building is owned by the AMP Capital Wholesale Office Fund ...

AMP Capital secures major ATO lease

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
... Wholesale Office Fund (AWOF) to over 99% leased. AMP head of real estate Kylie O'Connor said AMP is delighted to welcome the ATO to 255 George Street and to have delivered close to full occupancy to AWOF investors ahead of schedule. "In the current environment ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... iterations, there are always learnings that create the need for minor adjustments. Rollover V3 has been no different and the ATO have been proactive and responsive in order to help all participants be compliant," the spokesperson said. "The three-day ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... are struggling with the COVID-induced changes, getting specialist advice is imperative. Such advice remains pertinent as the ATO has confirmed it will extend relief measures granted for the 2019-20 and 2020-21 financial years to this financial year." ...

APRA to disclose MySuper product YFYS test values

JAMIE WILLIAMSON  |  THURSDAY, 4 NOV 2021
In updating its frequently asked questions (FAQs) on the Your Future, Your Super performance test, APRA has confirmed it will publish each MySuper products' test value in the December heatmap. APRA said it intends to publish the performance test ...