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Showing 141 - 150 of 413 results for %22Australian Taxation Office%22

Super account consolidation to hurt AMP

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... as it stands - is set to see around 370,000 low balance superannuation accounts transferred to the Australian Taxation Office. AMP said the figures were estimates, and could change depending on the administrative cost efficiencies it might achieve and ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... Protecting Your Super Bill from last year's budget. The Senate last evening passed legislation to give the Australian Taxation Office (ATO) the power to take inactive accounts under $6000, starting July 1. It also passed an end to exit fees and introduced ...

Aussies find $860m in lost super

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
... superannuation was found and consolidated towards the end of 2018. Releasing new data this week, the Australian Taxation Office (ATO) said more than 66,000 Australians found and consolidated some of their retirement savings at the end of last year, with ...

ATO and TPB terminate tax agents

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
... terminated this week following a joint TPB and ATO investigation. The Tax Practitioners Board (TPB) and the Australian Taxation Office (ATO) received 19 consumer complaints about the registered tax agents. The complaints alleged the tax agents offered ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... decision to "a death in the family." Ignored and rejected SCOA has pushed for fairer measures around the indexation and taxation of pensions received by former government employees. SCOA does not believe the pensions received under the CSS and PSS are ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... received increased funding in the government's Mid-Year Economic and Fiscal Outlook (MYEFO). The Australian Taxation Office (ATO) will receive more than $182 million over four years from 2019-20 to extend the Serious Financial Crime Taskforce - one ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... time. The Ophir High Conviction Fund closed to new investors in March, as the boutique applied to the Australian Taxation Office to get a tax ruling for rollover release to prevent its current investors from accruing additional capital gains taxes in ...

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... Bowen said: "Currently unpaid or underpaid employer superannuation contributions are a debt owed to the Australian Taxation Office, rather than the worker. Unless there is a clause in their award or agreement, workers can't chase this money - as ...

More SMSF auditors disqualified

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... disqualified, by searching ASIC's SMSF auditor register. Both men were referred to ASIC by the Australian Taxation Office (ATO) under section 128P of the SIS Act. From 1 July 2013, the SIS Act required all auditors of SMSFs to be registered with ...

ASIC keeps watch on SMSF auditors

DARREN SNYDER  |  MONDAY, 29 OCT 2018
... issues, or on fit and proper person criteria, since the registration of SMSF auditors began in 2013. Australian Taxation Office (ATO) referred 98 cases of the 120 that ASIC probed. The regulator removed 76 SMSF auditors from the auditor register, suspended ...