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Showing 111 - 120 of 214 results for "Super tax"

Regulators coordinating efforts to protect super

MARK SMITH  |  THURSDAY, 18 FEB 2016
Australia's financial services regulators have committed to coordinating their efforts to ensure that professionals working in the country's self-managed superannuation sector are acting as they should do. In a panel session at the SMSF Association ...

ISA says 15pct tax rebate no good

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
... should be agreed on a bipartisan basis and not need to be revisited for a decade or more. "With an estimated 35% of all super tax concessions flowing to the top 10% of savers there is scope to retarget concessions to lower income rungs to deliver a fairer ...

Treasury revises cost of super tax concessions

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... latest Treasury figures. Treasury released its 2015 Tax Expenditures Statement (TES) on Friday and showed its figure for super tax concessions, on a tax foregone basis, is now estimated at $29.8 billion for 2015-16. This is down from a previous estimate ...

ISA launches super tax plan

DARREN SNYDER  |  MONDAY, 14 DEC 2015
Industry Super Australia (ISA) believes it has a tax package that would boost aggregate superannuation savings by $625 billion to 2055. After publicly arguing the case for a " super seed " in September, ISA is reinforcing several other tax initiatives ...

No change to super tax subsidy measure

ALEX DUNNIN  |  FRIDAY, 4 DEC 2015
Superannuation lobby groups have failed to convince a parliamentary inquiry that the Tax Expenditures Statement misrepresents the cost of superannuation subsidies. The House of Representatives Standing Committee on Tax and Revenue has just issued its ...

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... Morrison has committed to doing more to reduce superannuation fees and improve after-fee returns for members even though super tax incentives are a cost to the government. As an approach to deliver super tax concessions that target securing an adequate ...

Super tax breaks review could save $6.6bn: Grattan

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
... super earnings of $85,000 a year. Grattan Institute chief executive John Daley said that "in tight budgetary times, [super tax concession] costs are unsustainable and must be reined in." "Previous repeated changes to superannuation have been too timid. ...

Super lifetime cap could increase budget costs: Budget Office

LAURA MILLAN  |  MONDAY, 23 NOV 2015
... period. "PBO analysis suggests a higher lifetime cap might in fact cost the Budget more than we're currently paying in super tax breaks," Greens Treasury spokesperson Adam Bandt said. "It is good that the Government is reportedly considering superannuation ...

Super changes won't close gender retirement gap: AIST

DARREN SNYDER  |  FRIDAY, 20 NOV 2015
... badly," Campo said. "One of the key impediments to women achieving better security in retirement is the structure of super tax concessions. At the moment, the more you earn, the bigger the hand out. "For instance, single men in the top 1% of income earners ...

Super tax back on Turnbull's agenda

LAURA MILLAN  |  WEDNESDAY, 11 NOV 2015
Taxing of superannuation contributions is back on the government's agenda, with Prime Minister Malcolm Turnbull and some industry stakeholders saying that "all measures are on the table." The issue of superannuation tax concessions came up yesterday ...