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Showing 121 - 130 of 670 results for "Small business"

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
A second Council of Financial Regulators (CFR) report, Leverage and Risk in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
Diverger managing director Nathan Jacobsen believes more consolidation must happen within the financial advice industry. "I think we are one of the larger service providers and yet, by listed company standards, we're small," he explained in a recent ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... establishing an SMSF, adding a new member, or when starting a pension," it said. Next, it highlighted indexing key small business capital gains tax concession thresholds and said some of these thresholds have not been reviewed or updated for a considerable ...

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
... for the scheme to be funded equitably, so that the current smaller number of financial planners, many of whom are small business operators, are not left bearing the full costs. "While it was in Opposition, Labor suggested amendments which would include ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... will be interpreted. However those additional requirements have to be delivered by planners who are by and large small business people with little ability to absorb the increased costs." The FPA's recommendations include "exempting some simple strategies ...

Stuart Robert named shadow financial services minister

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
Stuart Robert has been handed the financial services portfolio in Peter Dutton's shadow ministry, while Angus Taylor is shadow Treasurer and Jane Hume becomes finance minister. Robert has been appointed as the shadow assistant treasurer and shadow minister ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
... unfairness. "The government will carefully consider the implications of the decision, particularly for hard-working small business families, whether it raises any inequitable outcomes that may not have been the intention of the tax law, and whether they ...

Tax Practitioners Board adds two new members

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... and co-founded the Small-Medium-Size Enterprises (SME) Research Center. Dobson has spent nearly 10 years with the Small Business Development Corporation (WA) and has been chair with the organisation since December 2018. Dobson was previously a police ...

Millions to receive tax offset

TOM WATSON  |  TUESDAY, 29 MAR 2022
... businesses willing to invest in staff training and new technology. "Starting tonight, for every hundred dollars a small business spends on training their employees, they will get a $120 tax deduction," he said. "Every hundred dollars these small businesses ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
The 2022 Federal Budget delivered a cash splash for the defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise ...