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Showing 211 - 220 of 287 results for "Tax concessions"

SMSF industry hits back on 'rort' claims

MELANIE TIMBRELL  |  FRIDAY, 28 SEP 2012
... claims that self-managed super funds should be subject to new tax treatment, arguing that recent papers ignore tax concessions available to all superannuation members. Nerida Cole, managing director Financial Advisory at the firm said recent ATO statistics ...

Super debate flawed: ASFA

BEN COLLINS  |  FRIDAY, 28 SEP 2012
... adequacy in Australia, said the Association of Superannuation Funds of Australia (ASFA). A focus on superannuation tax concessions and access age is the wrong conversation and should instead focus on the gaps in the system and its ability to deliver ...

Greens propose scaled super contribs tax

ALEX DUNNIN  |  WEDNESDAY, 12 SEP 2012
... superannuation taxation on contributions should operate at a discount to marginal tax rates. "Pegging the super tax concessions at 15% below the marginal tax rate is one sensible option that we've had costed by Treasury. But we're open to looking at ...

Super concession cuts ignite SMSF debate

MELANIE TIMBRELL  |  MONDAY, 10 SEP 2012
Reports that tax concessions to super will be cut by the Government to fund upcoming health and education initiatives have sparked debate in the industry over whether high balance super members and SMSFs in particular are paying their share. Recent ...

Untargeted tax subsidies inept

ALEX DUNNIN  |  MONDAY, 20 AUG 2012
New research suggests that the untargeted nature of tax concessions - the mainstay of Australia's universal superannuation system - make them highly inefficient. The Australia Institute's (TAI) recently released study, 'Can the taxpayer afford 'self-funded' ...

Untargeted tax subsidies inefficient

ALEX DUNNIN  |  THURSDAY, 16 AUG 2012
... Insurance Scheme. Richard Denniss, TAI executive director, said the study does not question the usefulness of tax concessions to help people save for retirement but it does question if so much needs to be spent and how well it is targeted. "We know from ...

Census 2011: Australia is changing, and fast

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
... government introducing any clamp downs on the negatively geared property sector and the estimated $12 billion in annual tax concessions it costs the budget has just retreated even further. For the mass market, strategies for getting them into the housing ...

Budget move to take superannuation 'back to the future'

RACHEL DAVIS  |  TUESDAY, 8 MAY 2012
... simple, fair and consistent outcomes. "As foreshadowed, this move does not improve the simplicity of consistency of tax concessions on super contributions," Boal said. The projected budget measure would see six different effective rates of concessional ...

Less tax appeal for high income earners in super

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
High-income earners are set to see superannuation tax concessions cut in next week's budget. The move to increase tax on concessional contributions to 30% is likely to affect the approximately 128,000 Australians who earn more than $300,000 a year. ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
Superannuation industry bodies have launched strident opposition to leaks revealing superannuation tax concessions will be impacted by the Government return to surplus. Tax concessions currently cost Treasury in the order of $30bn each year, with Labor ...