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Showing 171 - 180 of 259 results for "Capital gains tax"

New tax proposals aim to consolidate lost super

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
... bill, aimed at simplifying super consolidation and improving business tax rules in certain areas. These include capital gains tax, hire purchase arrangements, financial supplies and tax for new residential properties. Individuals with 'lost' super amounts ...

legalsuper launches low fee investment option

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
... funds are not actively managed and therefore less trades are made, which in turn means lower brokerage fees and capital gains tax." legalsuper said the low fee index addition means it now offers both active and passive investment styles to its members. ...

Doubt over CGT relief delaying fund mergers

RACHEL DAVIS  |  MONDAY, 21 NOV 2011
Uncertainty over whether the Government will grant Capital Gains Tax relief for merging super funds is hampering consolidation across the super industry, according to the Australian Institute of Superannuation Trustees. Australian Institute of Superannuation ...

CFSGAM launches two new funds

ELISE BURGESS  |  FRIDAY, 11 NOV 2011
... can generate greater risk adjusted returns." The three funds will vary slightly in allocation due to different capital gains tax considerations, said Matthew Reynolds, head of CFSGAM Australian equities core team, although the primary aim will be balanced ...

SPAA rallies against off-market trading ban

MATT WOODINGTON  |  TUESDAY, 4 OCT 2011
... plans to put an end to in-specie asset transfers within SMSFs amid concerns they are being used to manipulate capital gains tax and contributions caps. The issue was first raised in the Cooper Review recommendations, which suggested SMSFs were able to ...

Help for advisers with super death tax impact on SMSFs

ALISON BEVEGE  |  WEDNESDAY, 17 AUG 2011
... pension income on the death of the member. Trustees and advisers have been concerned about the potential for capital gains tax (CGT) liabilities to be imposed on the sale of real estate, especially since property held outside an SMSF and left to adult ...

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... no dependents such as when the children are adults and there is no dependent spouse. The ruling also imposes capital gains tax liabilities on the sale of assets where sold after the member has died to pay out death benefits where there is no reversionary ...

SMSF body moves against super death tax

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
... surprise. "People thought that when they move into the pension phase that when they die there wouldn't be any capital gains tax paid," he said. "But the ATO is saying that's not correct, that when you die the pensions exemption ceases." SPAA has voiced ...

Real estate may cause super tax headache

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... tax on both income and capital gains. If the assets are sold to provide lump sum benefit payments then the 10% capital gains tax liability will be calculated on the original purchase date of the asset and not on the date of death - which could create ...

SMSFs may be banned from buying shares off-market

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
... can do an off-market transfer based on the current value of their assets." The off-market transfer triggers capital gains tax, and trustees are able to pick any day within 30 days as the transfer date. David Busoli, head of education for SMSF specialist ...