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Showing 181 - 190 of 328 results for "Taxpayers"

ATO closing in on undisclosed offshore income

MARK SMITH  |  MONDAY, 30 JUN 2014
... disclosures raising an additional $13 million in tax liabilities. There have been more than 250 expressions of interest, where taxpayers have identified themselves and said they will be making a disclosure. There have also been more than 600 general ...

Government plays down support for royal commission

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
... he said the Financial System Inquiry was enough, and that a further royal commission would "incur significant cost to taxpayers without delivering any greater level of understanding or financial restitution If there were to be a royal commission, it ...

Budget reply speech 2014 -15: Bill Shorten

SPAA applauds tax changes to excess contributions

JAMES FERNYHOUGH  |  WEDNESDAY, 14 MAY 2014
... of as much as 93% (i.e. twice the top rate). SPAA's Jordan George said: "We congratulate the Government on allowing taxpayers to refund excess non-concessional contributions, removing the overly punitive outcomes. "SPAA has advocated for this treatment ...

Budget speech 2014 -15

... government bodies, boards, committees and councils and more than 70 are being abolished to deliver better value for taxpayers. A smaller, less interfering Government won't need as many public servants. 16,500 staff will leave over the next three years ...

Industry asks for long-term, comprehensive approach to Age Pension

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
... increased life expectancy of Australians is the driver for Age Pension and superannuation policy, so future generations of taxpayers are not burdened with the cost of our retirement." The FSC recommended the government to consider leveraging the life ...

Australia signs FATCA agreement with US

MARK SMITH  |  TUESDAY, 29 APR 2014
... reporting certain financial account information required by FATCA. FATCA was enacted by the US Congress to detect US taxpayers who use accounts with offshore financial institutions to conceal income from the US Internal Revenue Service (IRS). Under the ...

Prescriptions galore

BENJAMIN ONG  |  THURSDAY, 3 APR 2014

ATO issues warning ahead of tax haven crackdown

STAFF WRITER  |  FRIDAY, 28 MAR 2014
The Australian Taxation Office (ATO) is urging all taxpayers with offshore assets to declare their interests, ahead of a global crackdown on international tax havens. The ATO's offshore voluntary disclosure initiative, 'Project DO IT: disclose offshore ...

PC calls for overhaul of public infrastructure

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... from inadequate project selection," the PC said. "Without reform, more spending will simply increase the cost to users, taxpayers, the community generally, and the provision of wasteful infrastructure." It went on: "It is essential to reform governance ...