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Showing 201 - 210 of 872 results for %22ATO%22

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... Tax Office estimates from 2015. Industry Super Australia thinks this figure is closer to $6 billion. New figures from the ATO reveal that 24,000 employers have come forward and disclosed about $588 million of underpaid superannuation. The ATO declined ...

ERS applications flat line

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... average payment made over the period since inception is $7678 overall and $8426 when considering repeat applications only. The ATO saw a big spike in applications at the start of the new financial year in July as those who had already drawn on their ...

Majority of ERS applications double dippers

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... the five business days guideline indicated by APRA. The 10 funds with the highest number of applications received from the ATO have made 2.8 million payments worth a total of $21.4 billion.

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... taxation officer to disclose information to another Australian government agency which relates to COVID-19. This will enable the ATO to share certain JobKeeper payment information with Commonwealth, state and territory government agencies to assist them ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... and updated its payroll to avoid future occurrences. Last Wednesday, it sent the $76,921 (plus $46,821 in interest) to the ATO. The roughly $123,743 total bill was funded out of its staff salary budget, the fund said. Former staff of the fund this month ...

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... members have taken an average of 3.3 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 95% have been made within five business days. The 10 funds with the highest number of applications received from the ...

ERS applications slow

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
... Rest at $2.9 billion and Hostplus at $2.37 billion. The 10 funds with the highest number of applications received from the ATO have made 2.7 million payments worth a total of $20.8 billion. The average payment from these funds was $7620, with 96% per ...

ATO implements JobKeeper changes

ELIZA BAVIN  |  THURSDAY, 20 AUG 2020
The Australian Taxation Office (ATO) has implemented changes to the JobKeeper employee eligibility rules following the government's announcement the scheme would be altered. The changes mean employers already enrolled in JobKeeper may be able to receive ...

ASIC cracks down on 42 SMSF auditors

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... standards of competency and expertise. SMSF auditors are regulated by both ASIC and the Australian Taxation Office, with the ATO monitoring conduct and subsequently referring matters to ASIC to investigate. ASIC then reviews whether to disqualify or ...

ATO clarifies part disposal rules: DomaCom

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... a part disposal of a home can work for downsizer contributions for SMSF trustees to allow them to stay in their home. The ATO's Administrative Binding Advice confirms that SMSF members are able to sell a part of their property under DomaCom's Senior ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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Jason Huljich

JOINT CHIEF EXECUTIVE OFFICER
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A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
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