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Showing 141 - 150 of 320 results for "Taxpayers"

Deloitte super plan could save budget $6bn

DARREN SNYDER  |  MONDAY, 26 OCT 2015
... trust" in super settings while actually achieving neither. Governments can only truly promise stability if the cost to taxpayers of our superannuation system is sustainable," Deloitte said. The views are presented in Deloitte's latest Mythbusting tax ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
... ensure the costs of ASIC's regulatory activities are "borne by those creating the need for regulation rather than all taxpayers" and would increase ASIC's accountability to its stakeholders. FPA chief executive Mark Rantall agreed with this idea, saying ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... of the regulatory activities undertaken by ASIC are borne by those creating the need for regulation, rather than all taxpayers. It would also increase ASIC's accountability to its stakeholders. However, ABA executive director of industry policy Tony ...

Put your tax return in to super

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
... of living in retirement," Cahill said. Club Plus Super said the Australian Tax Office (ATO) believes at least 77% of taxpayers are likely to get a refund this year, with the average amount to be more than $3,600. The fund said the most tax effective ...

In wealthy Australia, philanthropy is the biggest loser

LAURA MILLAN  |  WEDNESDAY, 19 AUG 2015
... growth rates and its population is wealthier than ever, but philanthropic giving is now lower than it was 30 years ago. Taxpayers are giving an amount equivalent to only 0.57% of GDP, compared to their counterparts in the US, who give 2% of GDP each ...

Scrapping dividend imputation costly for retirees

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
... these savings instead." The ASFA research shows a decrease in retirement income streams would also affect Australian taxpayers as they would bear around half of the cost through increased public pension entitlement. The report suggests that a complete ...

Consensus emerging on Tax White Paper

DARREN SNYDER  |  THURSDAY, 16 JUL 2015
... support for the retention of our system of dividend imputation." The Treasurer said in 2012, the top 10% of individual taxpayers paid nearly half the personal income tax collected by the government, and this "is an over-reliance and dependence on a narrow ...

Rice Warner debunks super myths

DARREN SNYDER  |  FRIDAY, 12 JUN 2015
... removal of tax concessions on superannuation would allow the government to slash personal tax rates anyway.A Further, taxpayers would simply seek other ways of minimising their tax, possibly through negative gearing of property or shares," Rice said. ...

Superannuation tax concessions unsustainable: Bowen

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
... additional $14 billion through tightening "unsustainably generous superannuation tax concessions subsidised by Australian taxpayers to those who already have millions of dollars in their accounts." The opposition's policy has two key elements - to tax ...

Hockey launches Serious Financial Crime Taskforce

LAURA MILLAN  |  TUESDAY, 5 MAY 2015
... members of the community who, without the Taskforce, may be victims of financial crime. "It will also help ensure all taxpayers pay their fair share of tax," Hockey added. The Australian Institute of Superannuation Trustees (AIST) welcomed the Treasurer's ...