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Showing 161 - 170 of 1029 results for "Taxation"

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... from happening again." The government said it will expand tax promoter penalty laws so they're easier for the Australian Taxation Office (ATO) to apply to advisers and firms who promote tax avoidance. It will also increase the time limit for the ATO ...

Integro Private Wealth welcomes GM

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... Australia, particularly in the Albany region, and grow their brand on a national level." According to the ATO's 2023 taxation figures, Cottesloe and Peppermint Grove in Western Australia are the third highest earning suburbs in the country.

Treasury to 'modernise' individual tax residency rules

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... the new regime, the federal government intends to modernise and simplify the rules following a review from the Board of Taxation in 2017 and align Australia with international practice. Under the board's proposed model, the primary test will be a simple ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... who devised the strategy of the abuse of legal professional privilege to subvert the proper enquiry by the Australian Taxation Office," she said. While the PwC fire still burns, Scyne Advisory partners Tim Jackson and Ben Neal said governance and culture ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... Australia's local franking credits scheme, mean that home bias is unlikely to disappear completely. "You've got double taxation and have to reclaim withholding taxes," Fok said of offshore investment. "But given the diversification benefits and ...

SMSFs brace for more reforms: Expert

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... raise tax revenue, this particular proposal in its current form has a number of fundamental flaws - specifically, the taxation of the movement in the market value (or the unrealised gain) of an asset. "Once that asset is sold, people will still be required ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
... Australia Rental Index AUD Hedged. "Unlike most global listed infrastructure and global listed property funds, VanEck adopts Taxation of Financial Arrangements (ToFA) currency hedging rules," VanEck said. "The rules enable smooth income to be maintained ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
The superannuation gender balance gap has slightly worsened, fresh Australian Taxation Office (ATO) figures reveal, as it crawls toward 21%. During the 2021 financial year men's super balance held $189,892, while women had 21% less on average at $150,922. ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... for the government to reopen the consultation and said it needs more discussion. "If the government proceeds with the taxation of unrealised gains as proposed in their consultation paper released in late March, given many small business premises and ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... federal budget was built, you need to understand its 2022-23 foundations because just five taxes accounted for 97% of all taxation revenue and just six programs accounted for 71% of all expenditures, with the biggest two accounting for 52%. In a tumultuous ...