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Showing 191 - 200 of 408 results for "Australian Taxation Office"

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 ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty. Testimony from the ATO at the Senate Estimates committee for economics this ...

Argo Investments attacks Labor franking policy

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
... prefer high dividend-paying Australian shares where the 30% corporate tax has been paid already to the Australian Taxation Office (ATO). It penalises retirees who have saved for their retirement and invested in Australian companies," ASA said. "Our objection ...

Lost super sits at $17.5bn

KARREN VERGARA  |  MONDAY, 15 OCT 2018
The total amount of lost and unclaimed superannuation stands at $17.5 billion, new data from the Australian Taxation Office (ATO) shows. During 2017-18, unclaimed super reduced by $420 million, with New South Wales accounting for more than $2.2 million ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...

Fintech introduces STP product

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
A fintech has met the Australian Taxation Office single touch payroll requirements and launched its latest product. ClickSuper STP is a product enabling employers to meet single touch payroll obligations by processing their STP data files via the ClickSuper ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... non-parole period of four years while Agius will be eligible for parole in March 2021. In 2006, the Australian Taxation Office and Australian Federal Police began investigating large-scale money laundering and tax evasion schemes based in Vanuatu. In ...

TPB names new chief executive

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
The Tax Practitioners Board is welcoming a new chief executive, joining from the Australian Taxation Office. Michael O'Neill has been appointed to lead the TPB, bringing more than 30 years' experience in public service. O'Neill was most recently assistant ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... penalties, to the tune of 50% on top of the SG charge they owe. The amnesty period also won't stop Australian Taxation Office (ATO) from going after employers for the historical obligations they don't own up to voluntarily, in line with its usual ...

ASIC deregisters 117 SMSF auditors

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... immediate family member had prepared the financial statements. Tattersall was referred to ASIC by the Australian Taxation Office (ATO) which is a co-regulator for SMSFs. So far this year, ASIC has taken action against at least four other SMSF auditors. ...