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Showing 131 - 140 of 860 results for %22ATO%22

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there should be between 17 million and 20 million superannuation accounts in the system, if every worker ...

Financial Masterplan advisers banned

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
... Financial Masterplan. Vision Wealth established a website to attract clients by helping them find their lost super through the ATO's free service with Allan and Urrutia then using the results to provide clients with superannuation consolidation and insurance ...

Vale Murray Wyatt

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
... Retirement Savings Centre of Excellence, and was a member of the Superannuation Advisory Committee established by industry and the ATO to advise government. He also regularly presented on retirement issues for other industry bodies including the Association ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... Economic Abuse Reference Group, Financial Counselling Australia and HESTA. The proposed package of changes would allow the ATO to share information about superannuation assets directly with the Family Court. AIST and the group of organisations want to ...

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
... head in the sand. Small businesses are strongly encouraged to get on the front foot by lodging now and reaching out to the ATO - either online or by phone - for a tailored payment plan, if having difficulties meeting payment obligations," he said.

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
... assets. He also issued auditor reports that were not in the approved form. Shrubsole's breaches were first identified by the ATO under section 128P of the Superannuation Industry (Supervision) Act 1993 (SIS Act) and then referred to ASIC. Both ASIC ...

GBST improves compliance checks

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... verification APIs such as RapidID, has enabled it to deliver a solution that supports super funds in meeting the new, stricter ATO obligations." "By allowing users to verify themselves online, this new functionality removes the accidental human error ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... planner the responsibility of their AFSL in year one until the financial adviser register is transferred from ASIC to the ATO in 2023," he said. "While the AFSL registering the financial planner in year one is effectively a duplication of the existing ...

Industry mixed on YFYS

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... show' investment returns throughout their working lives. If a consumer is concerned their fund's returns are substandard the ATO comparison tool will be available as an impartial source of information to help consumers choose a better fund."

Platinum launches investment bond

KANIKA SOOD  |  TUESDAY, 1 JUN 2021
... investment management fees. Investment bonds are tax-paid structures, where the bond issuer pays the 30% company tax rate to the ATO, thereby freeing the bond holder of the obligation of including it on their annual tax return. Withdrawals after 10 years ...