Search Results | Showing 1 - 10 of 296 results for "Taxpayers" |
| | | ... Coalition's plan for young Australians to use their super for a house deposit, saying new modelling shows it could cost taxpayers a cumulative $1 trillion. SMC said even a policy which capped super withdrawals at $50,000 could still create a $300 billion ... |
| | | | The Australian Taxation Office (ATO) has announced it will be taking a close look at three key areas where taxpayers make common mistakes this tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing ... |
| | | | ... capital cities. It warned that an uncapped scheme would lead to an even greater property price surge and cost future taxpayers billions in higher pension costs. The Association of Superannuation Funds of Australia (ASFA) said it was disappointed to see ... |
| | | | ... retirement income products. This in turn will make the administration of Division 296 a whole lot simpler and efficient for taxpayers, regulators, and the superannuation industry." |
| | | | ... amount of tax. "Data provided to the ATO includes cryptocurrency purchase and sale information. The data will identify taxpayers who fail to disclose their income details correctly," he said. Those taking part in the sharing economy will also be high ... |
| | | | ... led to policy uncertainty, misguided proposals, and reduced retirement savings, ultimately placing a greater burden on taxpayers. "The Objective of Superannuation will importantly benefit and support superannuation members, and support policymakers to ... |
| | | | ... people of the future are typically expected to be wealthier because of the superannuation system, and the number of taxpayers is declining as the population ages. The taskforce said it has made its recommendations with the aim of not creating new or ... |
| | | | Australian taxpayers may face an $85 billion bill due to the COVID-era Early Release of Super scheme, according to a new analysis by the Super Members Council (SMC). Using the Superannuation, Pensions, and other Retirement OUTcomes (SPROUT) model, the ... |
| | | | ... revenue forgone due to heightened capital gains realisations between 2021 and 2022. Treasury found that over 1.5 million taxpayers reported capital gains, with more than half enjoying the CGT discount, but the distribution of these benefits was markedly ... |
| | | | ... the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Under the recommended package, all taxpayers are promised a lower tax liability. Source: H&R Block Australia Treasury argued that the changes were necessary as the original ... |
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