Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 156 results for "Tax System"

Govt to refund super tax for 3.5 million

ELISE BURGESS  |  THURSDAY, 16 JUN 2011
... to add some $1.75 billion to super accounts. The changes were prompted by recommendation of the Australia's Future Tax System (AFTS) Report that said superannuation tax concessions should be distributed more equitably. "The Gillard Labor Government firmly ...

Extra year for tax related overhauls

MATT WOODINGTON  |  FRIDAY, 8 APR 2011
... treasurer and minister for financial services and superannuation, said that delaying the start date for the new MIT tax system to July 1 2012 would give sufficient time for trust deed amendments and system changes to be made. The government will also ...

Coalition introduces bill to abolish SG age limit

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2011
... Gori said in a statement "This is a welcome announcement that, if implemented, would remove an inconsistency in the tax system that unfairly disadvantages mature-age workers." The Australian Seniors Association have for several years been calling for ...

Super heavyweights reach out to younger members

ELISE BURGESS  |  WEDNESDAY, 2 MAR 2011
... young people from across the country," said the ATO on the NYW website. The ATO will be offering advice on individual's tax system, youth benefits, the benefit of a Tax File Number (TFN) and superannuation. "Super - it's your money for your future - ...

Simple tax is too taxing

BENJAMIN ONG  |  MONDAY, 3 MAY 2010
... Henry Tax Review splattered across the headlines. For yesterday his two years' worth of toil reviewing Australia's tax system was finally revealed. After rummaging through 1,500 submissions from various sectors of the Australian economy, Dr. Henry produced ...

Too much ado about Greece

BENJAMIN ONG  |  FRIDAY, 30 APR 2010
... speech before the NSW Business Chamber yesterday: "In our response to the Henry Review the Government will make the tax system stronger and fairer. Improving the structure of the tax system by replacing inefficient taxes with more efficient ones and ...

Cooper wants collectables banned from SMSFs

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
... such assets are free to do so outside the SMSF environment in a way that does not involve special concessions from the tax system." Sharyn Long, chair at the SMSF Professionals' Association of Australia (SPAA), said the government should be wary of defining ...

HLB Mann Judd search for Henry clues

MICHAEL HOBBS  |  FRIDAY, 29 JAN 2010
While investors will have to wait a while before they find out what the tax system changes are following the Henry Review, a leading tax expert takes a stab at what the new regime could be. Although the Treasurer is not giving anything away regarding ...

Retirement savings gap to reshape Aussie workforce

MICHELLE BALTAZAR  |  WEDNESDAY, 27 JAN 2010
... for most Australian workers over the age of 50 is less than 5 per cent. The organisation has long called for a fairer tax system, including the rebating of the 15 per cent contribution tax for low-income earners. Paul Little, an award-winning financial ...

Tax system should improve wellbeing: Henry

ALEX DUNNIN  |  FRIDAY, 16 OCT 2009
... means improving the wellbeing of the Australian people." Dr Henry hinted that the systemic distortions currently in the tax system are all up for review. "Australians [should] have the capability to participate fully in society; that they are able to ...